July figures show motor auction stability amidst seasonal market fluctuations – NAMA

The National Association of Motor Auctions (NAMA) has commented on the current stability of the motor auction market, saying that good stock continues to move well, with the first quality electric vehicles appearing in auctions achieving a 100 per cent conversion rate. With an increase in commercial vehicle stock, more effort is needed to keep transactions flowing. “The market continues to exhibit stability amidst seasonal fluctuations, reflecting resilience and adaptability within the industry,” said Paul Hill, spokesperson for NAMA.