Auctions turn down MAA bid
26th May 1988, Page 100
26th May 1988
Page 100
Page 100, 26th May 1988
— Auctions turn down MAA bid
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Keywords :
Auction, Auction Theory, Auctioneering, Singapore Manufacturers' Federation, Business / Finance
• The Society of Motor Auctions has declined "with great reluctance" an offer of federation from the Motor Agents Association.
"We have a unique status which we are anxious to preserve," says SMA chairman Paul Manton, "having regard to the close relationship we now enjoy with government departments and other official bodies, including the Office of Fair Trading."
The SMA, however, hopes to maintain a close relationship with the MAA on the prevention of "clocking" and the problem of total loss write-offs.
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Paul Manton