At Saturday’s National Association of Motor Auctions (NAMA) annual general meeting, Andrew Hulme of British Car Auctions (BCA) was appointed the new chairman.
The meeting also saw the appointment of Tim Hudson of Aston Barclay, as the new vice chairman.
Hulme said: “NAMA occupies a unique position in the used vehicle industry and will be engaged in a number of important new developments over the coming months. We have already launched our monthly market report and plans are in hand to deliver vehicle grading and mileage data initiatives for the wider industry.”
“All this activity leads towards NAMA being established as the voice of authority on used vehicle trends – which are, of course, important signifiers for the health or otherwise of the UK economy.”