Dear Colleague,

On Monday, the Chancellor will present his 2018 Budget. In our submission, we covered all key areas affecting UK automotive retailers including Brexit, electric vehicles and WLTP. We will be following the Budget closely and update you on any announcements which may affect you.

NFDA members should have received an email outlining the changes affecting the plug-in grant as recently communicated by the Office for Low Emission Vehicles. If you need any more information or require any clarifications, please do not hesitate to contact us.

NFDA’s sister association, the National Association of Motor Auctions has published its monthly auction report. Positively, the latest figures showed that the wholesale used car market continued to grow strongly. See a summary of the report is in this week’s news.

AM Live is less than two weeks away! NFDA and Drive My Career will be there, we will also make an important announcement about a new initiative for NFDA members surrounding electric vehicles. You can register here for your free ticket, https://www.automotivemanagementlive.co.uk/online-registration.

NFDA is your trade association: if there are any issues you would like to discuss with our team, please contact our member helpline on 01788 538 303.