The used car markets record-breaking performance in 2018 is expected to continue this year, predicts the National Association of Motor Auctions (NAMA).
Car auctions saw an increase in first time conversions rates and average values, as the new car market suffered an almost 7% decline.
“The overall used car market reached record highs in 2018, despite pressures in the new car market with the introduction of the Worldwide Harmonised Light Vehicle Test Procedure in September”, said James Tomlinson, chairman of NAMA.
Marshall Motor Holdings PLC (LON:MMH) is the 7th largest motor dealer group in the UK. Since 2008, 86 franchises have been added and 36 non-core or loss making operations have left the portfolio.