FREDERICK, Md. –

The National Auto Auction Association reported Thursday that its member auctions had sales totaling $81 billion in 2010. This figure represents the total worth of the 8.4 million used vehicles sold at NAAA member facilities.

These numbers were reported in NAAA’s 14th annual survey, which was conducted by LarsonAllen.

Discussing some other findings, vehicle entering NAAA auctions totaled 14.1 million, a 4.9-percent year-over-year dip. Meanwhile, there was a 1.4-percent decrease in the proportion of units sold.

Commanding the heftiest share of units sold was dealer consignment (44.3 percent). Fleet/lease and repo units were second (43.7 percent), with factory vehicles (8.9 percent) in third. NAAA indicated that 3.1 percent of sales were units from other sources.

“Given the problems that have plagued the auto industry beginning in 2008, the results were not unexpected,” stated Jay Cadigan, NAAA President.

“It’s encouraging to note this is only the fourth time in thirteen years we’ve seen any kind of decline. I think the survey results show the strength and depth of a mature industry that despite various challenges has demonstrated its resiliency,” he added. “I’m confident we’ll continue to be a vital and growing part of our nation’s economy in the decades to come.”