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AUCTION HOUSES GEAR UP FOR FINAL PUSH OF THE YEAR

NAMA 23/11/2023

“Auction houses are continuing to witness a trend of price realignment, with a slight uptick in volume for November. Dealers are starting to adopt a targeted approach for stock, in anticipation of a positive bounce in the new year,” said Paul Hill, NAMA Advisor, following NAMA members and valuation guides met on 21 November 2023 to discuss current market conditions and future outlooks.

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Missed the turning – government fails to instil confidence and reassure the industry in the latest Autumn Statemen  

NFDA 22/11/2023

“In the midst of a cost-of-living crisis, and as we approach a general election year, the Autumn Statement 2023 is highly anticipated and comes at a critical time for the economy. For the automotive sector more specifically, challenging trading conditions remain. Today’s fiscal budget was the Government’s opportunity to outline a clear and strategic vision to support the automotive sector in its transition to net-zero, and it has been an opportunity which has largely been squandered,” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) following the Chancellor, Jeremy Hunt’s, Autumn Budget 2023.

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