see if the market holds up with our expectations.”

ENDS

Notes for editors:The full NAMA Car Auction report is available from the RMI press office 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.

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.

MP VISITS NAMA AUCTION MEMBER SITE

Tim Loughton, who is Memberof Parliament for East Worthing and Shoreham, was on a site visit to gain a better understanding of how motor auctions are operated and see the employment and business opportunities available in the sector. It was also an opportunity for him to see the significance of the site to the local economy.

Louise Wallis, Head of NAMA, highlighted to Tim Loughton a number of industry issues, including Brexit, diesel, mileage fraud and debit card charges which are costing the industry almost £1.8 million a year.

In addition, discussions were also held around the Governments Road to Zero Strategy which was published earlier this week by the Department for Transport (DfT). The report highlights the Governments support for the Energy Saving Trust to deliver dealer training, something which Shoreham Vehicle Auctions