NFDA

EU sales bounce back in 2024

New car registrations returned to growth in Europe in January, bouncing back from a 3.3% reduction in December. According to the European Automobile Manufacturers’ Association, sales were up 12.1% year-on-year, […]

HMRC reverses vehicle tax reclassification

HMRC has reversed plans to change the tax treatment of double cab pickups. It had announced that from July they would have been classified as cars. However, it has now […]

NFDA responds to EV charging consultation

The National Franchised Dealers Association has responded to a government consultation around developing public EV charging infrastructure. The government launched the consultation around the £1bn Rapid Charging Fund (RCF) in […]

NFDA spotlights apprentice successes

Drive My Career has hosted its sixth DMC Apprentice Takeover campaign to spotlight the numerous apprenticeship opportunities available within the automotive retail sector. Held to mark National Apprenticeship Week earlier […]

NFDA optimistic for used car growth

The National Franchised Dealers Association (NFDA) is predicting further growth for the used car market in 2024, after new figures revealed sales growth of 5.1% last year. Sales were up […]

NFDA welcomes interest rate freeze

The National Franchised Dealers Association (NFDA) has welcomed the news that the Bank of England is keeping interest rates at 5.25%. There was some suggestion that rates will be reduced, […]

NFDA calls for skills and EV focus in Budget

The National Franchised Dealers Association (NFDA) has urged the government to address skills and electric vehicle uptake in its upcoming Spring Budget. In a letter to Chancellor Jeremy Hunt, the […]

Industry welcomes MOT decision

The industry has reacted positively to news that MOT tests will remain at three years after registration, and annually thereafter. The government was considering extending the period to initial testing […]

Dealers predict EV decline

A new survey has revealed that just over a quarter of dealers expect EV sales to be better in 2024 than 2023. According to a survey carried out by the […]

EU car sales stalling

The EU car market suffered its first contraction in 17 months in December, with EV sales flatlining. According to the ACEA, sales across the continent rose 13.9% in 2023, but […]

NFDA responds to FCA measures

The National Franchised Dealers Association (NFDA) has urged members to take the necessary steps to meet new measures introduced by the Financial Conduct Authority around motor finance. The FCA announced […]