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
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 […]
NFDA calls on government to support EV growth
The Franchised Dealers Association has urged the government to invest further in the future of electric vehicles after figures have revealed a cooling of recent demand. Sue Robinson, chief executive, […]
NFDA calls for greater government support for EVs
The National Franchised Dealers Association has called for greater incentives to support the uptake of electric vehicles. In November, a total of 156,525 new cars were registered, an increase of […]
NFDA receives Cabinet assurances for Northern Ireland trade
The National Franchised Dealers Association (NFDA) Northern Ireland division has received assurances from the Cabinet Office that the movement and sale of new vehicles in Northern Ireland will remain unaffected […]
Cost still main barrier to EV switch
More than six in 10 UK drivers say they won’t buy an electric vehicle because they are too expensive. According to the National Franchised Dealers Association’s (NFDA) Consumer Attitude Survey […]
Dealers report declining relationship with manufacturers
NFDA’s Summer 2023 Dealer Attitude Survey, conducted over August and September 2023, has revealed a general downward trend in the relationship between dealers and their manufacturers. The survey attracted 2,531 […]
