A Morley businessman has been appointed to a prestigious role within his industry.
NAMA represents auction companies selling cars, commercial vehicles, motorcycles, off-road vehicles and motor homes and has a reputation spanning almost five decades, having been established in 1969.
The organisation represents a broad mix of members from small family businesses to large, national PLCs.
Justin’s role as Chairman will see him work on a national level to represent businesses in the auction trade and to ensure all members adhere to strict guidelines- set out in the Motor Auctions Code of Practice and Customer Charter- so that customers, the public and the trade are aware of the benefits of buying through NAMA members.
NAMA also represents its members to Government, other trade bodies and external organisations, operates a central register of information and alerts on fraudulent activity and liaises with Trading Standards authorities, Citizens Advice Bureaux and other regulatory bodies to constantly ensure the highest standards of fair trading in the industry.
Speaking about his new appointment, Justin said:
“It’s a very real honour to be able to represent my industry at such a high level. The auction industry is very important to my family as we now have three generations working at our company.
“NAMA occupies a unique position at the heart of the used vehicle sector and it is vital for its on-going success.
“It’s also great to become Chairman in Independent Motor Auctions’ 10th anniversary year as it gives our family another reason to celebrate an industry that we’re very proud to be part of.”
Independent Motor Auctions was established in 2003 by the Lane family and, since then, the business has seen turnover leap from £1 million in its first year to £18 million last year.
Recently, the business has added two acres to its site taking it to five acres and launched an online auction site and mobile app to help with its growth in the coming years.
The third generation of the Lane family joined the team earlier this year- John and Justin Lane originally bought 50 per cent of Independent Motor Auctions in 2003, later taking full control of the business. Now, Justin’s son, Chris, has been recruited as a trainee auctioneer.
Independent Motor Auctions attributes much of the business’s growth to a combination of exceptional service levels and a change in buying patterns, spurred on by the recession, which has seen people seek out better value for money.
The company operates from Scotland down to Birmingham counting major names Vantage Motors, RMB, John Roe, Batchelor’s, Jennings, SG Petch, Cars2 and many more as clients and now employs 32 staff, having launched 10 years ago with just seven, and plans to increase this further in the coming year.