Tag: NFDA
NFDA seeks clarification on Job Retention Scheme
On 27 March, National Franchised Dealers Association wrote to Kemi Badenoch MP, exchequer secretary to the Treasury, to seek clarifications on the Coronavirus Job Retention Scheme, following the release of further details which have created confusion among employers. “We urge the Government to clarify its guidance on the Job Retention Scheme as the latest information is creating uncertainty in the sector”, said Sue Robinson, director of the NFDA.
Are MOTs suspended during the Covid-19 lockdown?
The Covid-19 lockdown prompts the question of whether getting an MOT test is permitted as a reason to leave the house. As Tyrepress has reported, garages are allowed to stay open under the terms of the lockdown, so does it follow that MOTs will continue to be required? The latest information is that MOTs for the vast majority “lorries, busses, and trailers” are currently suspended (see below or click here for more details), but this could be extended to private passenger vehicles as the situation develops. The Department for Transport states that it is keeping MOT testing for cars, motorcycles and light vans under review. [UPDATE (25/03/2020): the government has announced that cars, motorcycles and vans will receive an exemption from Monday 30 March 2020. Click here for further details.]
Coronavirus: Larger businesses need protection too, says NFDA
The National Franchised Dealers Association (NFDA) has urged the government to support automotive retailers during the coronavirus outbreak and has recommended a range of measures to accomplish this. The organisation, which represents franchised car and commercial vehicle retailers in the UK, also expresses its willingness to discuss the matter further.
Positive reactions – UK automotive industry upbeat about 2020 budget
As we have seen, when the Chancellor of the Exchequer, Rishi Sunak, presented his first Budget to Parliament it contained a number of potential automotive demand drivers. But how has the industry responded to the proposals? Here are some of the reactions of the various sectors of the automotive industry.
NFDA on CTSI consumer law guide for used car industry
The Chartered Trading Standards Institute (CTSI) has published a free guide on consumer law for the UK used car industry, titled Car Traders and Consumer Law.
Used car market ends 2019 with increase in Q4
The used car market saw a growth of 2.4 per cent in the last quarter of 2019 with 1,804,343 transactions. Overall in 2019, the used car market finished almost on par with the previous year with a marginal decline of -0.1 per cent and a total of 7,935,105 sales. Used petrol declined by -0.3 per cent, diesel -0.6 per cent, while combined alternative fuel vehicles grew by 23.4 per cent. Transactions of Euro 6 diesel models were up 32.5 per cent.
NFDA urges Government to safeguard plug-in grant ahead of Budget
In its submission ahead of the Budget taking place on 11 March 2020, NFDA has urged the Government to safeguard the plug-in car grant which has proved successful in encouraging consumers to buy an EV.
NFDA’S Drive My Career initiative reaches 2.5m 16-24 year-olds in 2019
Drive My Career is an industry-first employment initiative which was launched to address franchised retailers’ concerns that not many young people generally consider the automotive retail sector as an option for their professional careers.
NFDA welcomes EV charging infrastructure investment
The Transport Secretary, Grant Shapps, has announced that Government funding for the installation of chargepoints on residential streets next year will be doubled to £10 million. According to the Government, “this could fund up to another 3,600 chargepoints across the country”.
NFDA, DWF, KPMG, Global Data and SMMT reactions to 2019 car registration figures
While the 2019 UK car registration figures are clear that the market declined last year, various sources gave differing views as to what are the most important trends and what should be done.
Electric vehicle approved (EVA) scheme reaches 50 dealerships milestone
Electric Vehicle Approved (EVA) is endorsed by the Government’s Office for Low Emission Vehicles (OLEV). NFDA launched the scheme in May 2019 to recognise expertise in the electric vehicle sector and promote industry standards for the benefit of the consumer.
Used car market rebounds
The used car market rose by 0.9 per cent in the third quarter of 2019 with 2,076,382 vehicles changing hands, 18,925 more than the same period in 2018. Plug-in electric and hybrid models showed a solid increase of 13.0 per cent. Demand for diesel grew by 1.4 per cent, petrol sales saw a slight decline of -0.2 per cent.
Decline in car sales continues in October
UK new car registrations declined -6.7 per cent last month, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 10,348 fewer cars were registered than in October last year, reflecting a tough environment for businesses and consumers as economic and political uncertainty continued to impact confidence.
Strong online presence is vital, but role of dealership remains key – NFDA
The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK, has announced the findings of consumer vehicle purchasing patterns in the UK.
Strong online presence is vital in car retail
The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK, has announced the findings of consumer vehicle purchasing patterns in the UK.