19 MAY 2014

Welcome

National Association of Motor Auctions (NAMA)

• NAMA represents physical auction companies across the UK

• 75 member sites • 1.5 million vehicles auctioned annually – 85% by

NAMA members • NAMA is an association within Retail Motor Industry

Federation• Founded as Society of Motor Auctions in 1969• Organisational change and re-brand 2011

NAMA Members

• Broad range of members– Large Groups e.g. BCA, Manheim, Aston Barclay,

SMA, and Wilsons– Independent Auctions – e.g. Shoreham, Bawtry

and East Anglia

• NAMA Executive

Vehicle AuctionsEach year• 1.5 million vehicles auctioned • 1 in 5 used vehicles sold at auction• Value of vehicle sold at auctions - £7.6 billion• 75% of returned fleet stock goes through auction• Retail dealers dispose of 750,000 vehicles

through auction• Manufacturer Programmes

Vehicle Auctions

Vehicle Auctions

Auction Products and Services

• Physical Auctions with on line bid facility• On-line Auctions• Transportation• Inspection Services• Grading• Vehicle Reconditioning and Preparation• Market Analysis and Reporting

What NAMA does

NAMA Aims• To set and maintain clear best practice standards• Two sets of customers with opposing aims!• Provide arbitration service• Provide a focus for industry operational excellence• Brings members together for continuous improvement• Proactively engages in key industry issues on behalf of

members and customers• Offers expert advice and guidance to the industry• On-line sales at 25%

Grading• Until 2012 no single industry standard• NAMA have defined the standard• Designed to facilitate auction buying and selling

process• Gives customers a better understanding of the

vehicle condition• Gives consistency across the industry• All underpinned by NAMA standards for

inspection and training.

NAMA Grading

•Grades are Automated•Objective•Inspection standards•NAMA Training program•Software

Vehicle Auctions

Vehicle Auctions

Each year• 1.5 million vehicles auctioned • Value of vehicle sold at auctions - £7.6 billion• 75% of returned fleet stock goes through

auction• Retail dealers dispose of 750,000 vehicles

through auction• A true market akin to the stock market

NAMA Data Report• Launched in 2011• Independent of members’ own market reports• Developed to give a broad independent analysis of the

UK auction market• Report is aimed at auction vendors and buyers such as

fleets companies and dealers• Report looks at auction prices, conversion rates, age

and mileage of vehicles split by sectors• Market report not a member performance report!• Report is collated and produced by Glass

Contacts

• Louise Wallis – Head of NAMA– 01788 538336 – Louisewallis@rmif.co.uk

• Rupal Rural – Communications Officer– 020 7307 3412– rupal.rawal@rmif.co.uk