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UK LCV market finishes year down -20.0 per cent

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SMMT

Figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that UK new light commercial vehicle (LCV) registrations ended 2020 down -20.0 per cent, with the van market rounding off the year in decline following three months of growth. 292,657 vehicles were registered in 2020, as the impact of Covid and uncertainty over the future relationship with the EU brought down demand toward the end of the year, with registrations in the final month of the year dropping -1.0 per cent, albeit with volumes consistent with previous Decembers.

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Related news:

  1. October LCV sales down 7.4%
  2. LCV registrations down 11 per cent in November
  3. UK new van market shrinks -86.2 per cent in April
  4. May LCV market declines
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Initial automotive industry reactions to UK Brexit deal

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Just before Christmas, the UK Government and the EU announced that they had thrashed out a no-tariff trade deal. Negotiations went down to the wire, but, a mere four and a half years after the UK voting to leave the EU, agreement was approved by both sides.

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  1. Roads spending, Brexit caution, business rate relief in spring Budget
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Mixed reactions to November car sales figures

The reactions to November’s UK car registration figures, which fell by 27.4 per cent year-on-year according to the SMMT, varied in tone; some were optimistic, others were worried about whether or not the industry could cope with the brought-forward target of 2030 for phasing out of sales of new petrol and diesel cars. And of course there was the uncertainty of whether a Trade Deal could be negotiated with the EU and of the effects of Brexit on the automotive industry, not to mention the effect on the automotive business of the pandemic.

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  1. Best January for new car sales for eight years
  2. UK car registrations decline in May – SMMT figures
  3. New car sales continue to slide in October
  4. Slight fall in August new car sales, but strong showing for electric cars
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Northern Ireland car dealers facing steep price increase

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Over the past weeks, the National Franchised Dealers Association (NFDA) has written to HMRC and a number of MPs to highlight that under post-Brexit EU VAT rules, the sale price of a significant proportion of used vehicles in Northern Ireland (NI) will be subject to a 20 per cent increase for stock purchased in Great Britain (GB). NFDA has urged HMRC to resolve the issue before the end of the year to avoid a major impact on NI and GB vehicle dealers as well as consumers.

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  1. NFDA discusses confidence, legislation and Brexit in Belfast
  2. Roads spending, Brexit caution, business rate relief in spring Budget
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Covid-19 “has had a profound impact on young people’s jobs” survey finds

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Drive My Career is the employment initiative launched by the National Franchised Dealers Association (NFDA) in 2018. Drive My Career polls its target audience regularly to investigate their perception of the automotive sector and, more recently, the impact that Covid-19 has had on employment.

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  1. Survey shows strong loyalty among automotive apprentices
  2. NFDA’S Drive My Career initiative reaches 2.5m 16-24 year-olds in 2019
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  4. Face coverings mandated for UK dealers
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Consultation on Motor Vehicle Block Exemption launched: NFDA and AECDR respond

NFDA

The European Commission has this week launched the public consultation on the Motor Vehicle Block Exemption Regulation (Commission Regulation (EU) No 461/2010). The purpose of the consultation is to assess whether and to what extent the objectives of the Motor Vehicle Block Exemption Regulation (MVBER) are fulfilled. Motor vehicle distribution and after-sales agreements are currently subject to Commission Regulation (EU) No 461/2010 (MVBER).

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  1. Apprenticeship levy raises concerns, says NFDA
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Electric Vehicle Approved (EVA) scheme reopens for dealers to drive EV uptake

The Electric Vehicle Approved (EVA) accreditation scheme reopens today (12 October 2020). EVA recognises dealers’ expertise in the electric vehicle sector and promotes industry standards for the benefit of the consumer. The scheme encourages dealerships to further develop their ability in selling and servicing electric vehicles, as the country continues to move towards a zero-emission future.

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  1. Electric vehicle approved (EVA) scheme reaches 50 dealerships milestone
  2. Falling demand for diesels sees November new car market down 11 per cent
  3. August car sales up 23 per cent – electric cars account for one in twelve sales
  4. Drivers are now four times more likely to buy an electric vehicle, says NFDA
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Van registration figures inspire optimism – NFDA

The significant increase in LCV registrations in September was welcomed by the National Franchised Dealers Association (NFDA), which represents franchised commercial vehicle dealers in the UK, whose Chief Executive Sue Robinson said: “It is encouraging to see the van market experience an uplift in registrations of over a quarter indicating that a degree of confidence has returned to the sector”.

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Related news:

  1. NFDA comments on August car sales increase
  2. ‘Steady growth’ in new van sales in May
  3. February LCV market fall was “not unexpected” says SMMT
  4. New car demand falls in April as plug-in hybrids take a hit
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NFDA applauds PM’s ‘skills speech’

The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, has welcomed the Prime Minister’s “Skills Speech”, given at Exeter College yesterday. Boris Johnson said: “So I can announce today that we will be expanding apprenticeships, reforming the system so that unspent funds can be used more easily to support apprenticeships not just in big companies, but in the SMEs where there is so much potential for job creation”.

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Face coverings mandated for UK dealers

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Autogem

With yet another raft of measures to curb the spread of Covid 19 being introduced by government, the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, has intervened in an attempt to clarify the situation vis-à-vis car dealerships.

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  1. Business welcomes government decision to reopen car dealerships
  2. NFDA seeks clarification on Job Retention Scheme
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Strong used car market and busy aftersales, latest franchised dealers’ survey reveals

The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, has published the findings of the latest ‘post-lockdown automotive retail’ survey. Through the findings, NFDA aims to assess the implications of COVID-19 on the automotive retail sector and understand how the industry is now recovering.

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  1. Satisfaction with manufacturers low in NFDA Dealer Attitude Survey
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NFDA electric vehicle group debates key EV issues

The National Franchised Dealers Association (NFDA) EV group was established in 2019 to support dealers’ efforts in the EV sector and, in turn, provide NFDA with feedback on the key issues facing the industry that the association can use in support of its lobbying efforts with the relevant Government departments. The launch of the EV Group coincided with the significant growth of the NFDA’s Electric Vehicle Approved (EVA) scheme launched by NFDA and endorsed by the Energy Saving Trust (EST) as well as the Government’s Office for Low Emission Vehicles (OLEV) in 2019.

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  1. Price, access to charging, range the barriers to electric vehicle purchases – survey
  2. UK automotive sector reacts to the Queen’s Speech
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Increase in van sales a cause for optimism, says NFDA

For the first time in many months, there was an increase in registrations of light commercial vehicles, up to 3.5 tonnes, says the National Franchised Dealers Association. Sales of light commercials rose by 7.1 per cent in July with 27,701 units, according to the latest SMMT figures. Much of this is considered to be pent up demand for vehicles that would have been acquired earlier this year. Year to date, the market is down by -39.0 per cent.

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Related news:

  1. October LCV sales down 7.4%
  2. February LCV sales rise 1.8 per cent
  3. UK new van market shrinks -86.2 per cent in April
  4. UK light commercial vehicle market soars, up by 41.0 per cent in August
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‘Return to form’ for car retailers

NFDA

July was the first month since the lockdown all dealerships across the UK were able to stay open through the whole month, a fact that is reflected by the uptick in car sales, Sue Robinson, director of the National Franchised Dealers Association (NFDA), said.

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  1. October car sales push yearly figure past two million
  2. UK new car registrations – the decline continues
  3. Car sales figures represent ‘encouraging trend’ – NFDA
  4. August car sales up 23 per cent – electric cars account for one in twelve sales
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NFDA calls for government support on combustion ban

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In its response to the consultation on ending the sale of new petrol, diesel and hybrid cars and vans, the National Franchised Dealers Association has highlighted dealers’ concerns and provided the Government with detailed recommendations to ensure that the transition to zero-emission vehicles can be sustained. The Government has proposed that the original 2040 date be brought forward to 2035 or perhaps earlier, yet no clear strategy has been defined.

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  1. Chancellor freezes fuel duty in 2018 budget speech
  2. Falling demand for diesels sees November new car market down 11 per cent
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