NAAA Honors European Association

By Staff Writer May 13, 2018

The National Auto Auction Association (NAAA) has named its counterpart in the United Kingdom, the National Association of Motor Auctions (NAMA), as a Warren Young, Sr., Fellow.
The honor recognizing the organization's leadership in the industry and commitment to setting standards of excellence for British auto auctions was presented during the 2018 NAMA Conference in Lisbon, Portugal.

NAAA, which represents more than 340 auto auctions and 100 associate members, bestowed the award with a $2,500 donation in NAMA's name to NAAA's nonprofit Warren Young, Sr., Scholastic Foundation. A Fellow is a donor at that level, or in whose honor or memory a contribution is made in that amount, to support the scholarship organization.

NAMA is the first association to join the exclusive group of 100 other individuals and companies who have attained the lifetime distinction of being named a Fellow. NAMA officials received a framed commemorative certificate, a gold medal and lapel pins. Also, the group's name will be engraved on a plaque of Fellows at NAAA headquarters near Washington, D.C.

Since its establishment in 2004, the foundation has raised more than $2.25 million and awards $52,000 in merit scholarships annually for full-time study at accredited institutions. It was named in honor of Warren Young, Sr., a pioneer of the auto auction industry who retired after 35 years of service to his profession and NAAA.

NAMA, founded in 1969 as the Society of Motor Auctions before changing its name in 2011, represents about 75 percent of the auto auctions in the UK. The group belongs to Great Britain's Retail Motor Industry (RMI) organization and became a member of NAAA in 2017.

Last modified on Sunday, 13 May 2018 19:48

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