The new car registration figures circulated this week showed a decline of -20.5% in September. This was highly anticipated as the introduction of WLTP in September has affected the UK as well as the other European new car markets. Year to date, the new van market was down -3.0% whilst demand for large vans and pick-ups remains solid. Please see our full commentary on the figures in this week’s newsletter.
This week the NFDA has put forward its priorities for the Autumn Budget 2018 to the Chancellor of the Exchequer. We have outlined our concerns for the industry including WLTP, Brexit, and Electric Vehicles. The Chancellor will give his Budget Statement at the end of October.
Finally, a date for your diary – THE NFDA SPRING BALL – SATURDAY 11 MAY 2019. The NFDA Spring Ball provides a unique opportunity to network with your fellow franchised dealers and colleagues and enjoy an evening of good food, fine wine and first-class entertainment. We will be presenting three awards on the night: Industry Partner, Manufacturer and Recognition awards. For ticket information and to book your place please email email@example.com
NFDA is your trade association: we represent, you benefit. If you need any assistance, please contact us on the member helpline 01788 538303.
Sue Robinson, NFDA Director