Tag: NFDA
Used car market declines as consumers delay purchases
“The decline of -2.8 per cent in used car transactions in the second quarter of 2019 was anticipated due to a number of factors that affected the sector over the past months, but the market remains at high levels”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT used car figures.
NFDA: Additional chargepoint funding a ‘step in the right direction’
The organisation that represents franchised car and commercial vehicle retailers in the UK says it welcomes Transport Secretary Grant Shapps’s announcement that an additional £2.5 million will go towards to fund the installation of over 1,000 new charging points for electric vehicles. Sue Robinson, director of the National franchised Dealers Association (NFDA) comments “it is positive to see that the Government has announced additional funds for chargepoints on residential streets.”
Drivers are now four times more likely to buy an electric vehicle, says NFDA
If all drivers in the market were to make their next car purchase tomorrow, we could expect the proportion of hybrid and pure electric cars to quadruple, according to the latest NFDA Consumer Attitude Survey 2019.
Survey shows strong loyalty among automotive apprentices
Findings from Drive My Career’s latest Insight revealed that 95 per cent of apprentices would remain with the same company if they received a job offer after their apprenticeship.
Franchised dealers ‘making progress’ on road to zero emissions
A year ago, on 9 July 2018, the Government’s Department for Transport (DfT) published its Road to Zero strategy. The document defined how the government would ‘support the transition to zero emission road transport and reduce emissions from conventional vehicles’. In Road to Zero, the Government highlighted the issues of lack of consumer confidence and businesses’ expertise in the EV sector.
June UK car sales – decline continues as low emission sales falter
UK new car registrations declined for a fourth consecutive month in June, with year-on-year demand falling by -4.9 per cent to 223,421 units, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 1,269,245 new cars joined British roads in the first half of the year, down -3.4 per cent as ongoing confusion over low emission zones and diesel, the removal of key ultra low emission vehicle incentives and an overall decline in buyer confidence affected the market.
UK new car market falls again in May
The UK new car market declined by -4.6 per cent in May with 183,724 units registered, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The fall reflects continued uncertainty over diesel and clean air zones as well as the removal of incentives for plug-in hybrid vehicles. Meanwhile, the underlying economic and political instability continues to affect consumer and business confidence.
Electric Vehicle Approved Scheme launched to certify excellence in EV retail
The Electric Vehicle Approved (EVA) scheme has been launched by the National Franchised Dealers Association (NFDA) to certify retailers’ excellence in the electric vehicle sector. The launch took place at the House of Commons, where an audience of MPs, retailers and industry stakeholders were given an insight into the new initiative.
New car demand falls in April as plug-in hybrids take a hit
The UK new car market declined by -4.1 per cent in April, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The month saw 161,064 units registered, the second lowest April volume since 2012 but following a double-digit increase the previous year.
New car market stable in February
The UK’s new car market enjoyed marginal growth in February, up 1.4 per cent following five straight months of decline, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 81,969 new cars were registered on UK roads in the month (a year on year uplift of 1,164 units), traditionally one of the quietest of the year, ahead of the crucial March plate change.
February LCV sales rise 1.8 per cent
This year to date, 36,620 new LCVs have been registered, representing a rise of 5.8 per cent on the first two months of 2018.
January car registrations – NFDA sees ‘encouraging’ signs
New passenger car registrations declined by -1.6 per cent in January with 161,013 units registered. Sales of petrol cars rose by 7.3 per cent, diesel declined -20.3 per cent and alternative fuel vehicles (AFVs) grew by 26.3 per cent. Private demand increased by 2.9 per cent, while fleet was down -3.4 per cent.
August car sales up 23 per cent – electric cars account for one in twelve sales
The UK new car market enjoyed a boost in August, as year-on-year demand rose 23.1 per cent, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). 94,094 new cars were registered in the month as the market responded to regulatory changes, with cost-savvy buyers taking advantage of some compelling deals in what is always one of the year’s smallest months.
NFDA Dealer Attitude Survey summer 2018 sees general upward movement
UK franchised dealers are more positive about their relationship with vehicle manufacturers, the latest NFDA Dealer Attitude Survey has shown. “It is encouraging to see that the overall relationship between franchised car dealers and manufacturers recorded an average score of 5.7 in the NFDA Dealer Attitude Survey Summer 2018, which is 0.4 higher than six months ago”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, commenting on the results of the NFDA Dealer Attitude Survey Summer 2018, published at the beginning of September 2018.
NFDA responds to government ‘no-deal Brexit’ notices
The UK government has published 25 technical notices setting out what it is doing to prepare for no-deal Brexit and to guide businesses and individuals. In total, 84 notices are expected to be released over the upcoming weeks. Brexit Secretary Dominic Raab said a deal is the most likely outcome, but the UK “must be ready to consider the alternative.”