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.
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).
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.
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”.
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.
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.
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.
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.
The Financial Conduct Authority (FCA) has confirmed it will introduce a ban on motor finance discretionary commission models. The announcement followed a consultation in October 2019. “In the light of consultation feedback and the additional operational pressures which the sector is facing at present the FCA has agreed to give firms limited additional time to implement the new rules, with the ban coming into force on 28 January 2021”, FCA said.
The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, has run a survey of dealers of all sizes to understand the implications of the COVID-19 lockdown on the automotive retail sector. The survey asked dealers questions about their return to work including the percentage of dealerships that reopened, current online activity, and levels of customer booking as well as phone enquiries.
The Chancellor has announced a new £2 billion Kickstart Scheme will be launched to help employers create jobs for young people at risk of long-term unemployment. Funding available for each six-month job placement will cover 100 per cent of the National Minimum Wage for 25 hours a week – and employers will be able to top this wage up.
Commenting on the SMMT car registration figures, Sue Robinson, director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, said: “Pent-up demand helped sales during the first weeks, but the market will need to be monitored closely to support the sector over the coming months”
On Friday 19 June, the National Franchised Dealers Association (NFDA) wrote to Scottish first minister Nicola Sturgeon MSP to highlight the potential impact of the delay in allowing dealerships to reopen in Scotland. While dealerships could reopen on 1 June in England, 8 June in Northern Ireland and 22 June in Wales, dealers in Scotland have been given the green light from 29 June. Acting on behalf of its Scottish members, NFDA states that it has repeatedly urged the Scottish Government to consider reopening as soon as possible in view of the specific circumstances of the sector. The NFDA previously said there had been “positive trading” at dealerships in the other parts of the UK since reopening.
Responding to the 52.3 per cent fall in May European car registrations, the NFDA says UK showrooms are reporting “positive trading” in the two weeks since reopening. The latest figures from the European Automobile Manufacturers’ Association (ACEA) show that the decline has become less severe. In April, sales had declined by 76.3 per cent.
The National Franchised Dealers Association (NFDA) is pleased that car showrooms can reopen from today (1st June) in England if they meet the COVID-19 guidelines to protect staff and customers. Franchised dealers have been working hard to prepare their premises in line with the Government and industry guidelines to ensure the safety of staff and customers when reopening.