growth of 19.9% in fleet and 3.4% in the private market.

“At a wholesale level as expected values were strong for the month of February in the build up to the March plate change. Early indications are that stock numbers are building in the auction centres a little earlier than the normal market trend for this time of the year. Dealers are verbally reporting a good order take for the new plate change, and transport companies suggesting that their utilisation will be high for March delivering new stock and moving used vehicle stock to the auction centres.

“A strong month on the plate change will inevitably mean more used vehicle stock in the market, that will potentially put pressure on average prices and an early Easter in April will potentiallycompound this.”

ENDS

Notes for editors: NAMA is the auction division of the RMI. NAMA market information is based on data supplied by its National members operating in the remarketing sector. The monthly sample size is up to 90,000 vehicles. The full report is available on request.

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

NAMA COMMERCIAL VEHICLE REPORT – MARCH 2015

Published 15/04/2015

The National Association of Motor Auctions (NAMA) published its Light Commercial Vehicle (LCV) market report for March today.

The report shows that the average value of used LCV’s at auction across