This week, we published the results of the latest NFDA Dealer Attitude Survey Summer 2018. It was encouraging to see that the overall relationship between franchised car dealers and manufacturers recorded an average score of 5.7 points out of 10, which was 0.4 higher than six months ago. With an overall average of 8.5 points across the whole survey, Kia was again the highest scoring franchise, followed by Toyota and Lexus with 8.2 points. Please access the report of the survey at https://www.nfda-uk.co.uk/reports/dealer-attitude-survey.
New passenger car registration figures showed that the market grew by 23.1% in August as a result of the introduction of the Worldwide Harmonised Light Vehicle Test (WLTP) from 1 September, which pushed consumers to bring forward a lot of purchases. The market is likely to remain distorted during September and the remainder of the year. Positively, UK light commercial vehicle sales were up 5% in August. If you would like to receive a copy of the registration figures, please email firstname.lastname@example.org.
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, announced support for an industry-specific legislated code of conduct for automotive dealerships which will be enforced by the Australian Competition Consumer Commission (ACCC). Please see more information in this week’s newsletter.
Finally, NFDA will be entering this year’s Bangers 4 Ben! We will be driving across Europe in a car worth no more than £750 which was kindly donated by Marshall Motor Group and, after the trip, will be sold at auction to raise funds for Ben. If you would like to support the cause, please donate £100 to sponsor us and have your logo on our car! Otherwise, any donation is greatly appreciated - http://bit.ly/2MY4p7W.
NFDA is your trade association: we represent, you benefit. If you need any assistance, please contact us on the member helpline 01788 538303.