Dear colleague,

Last Friday, we held a constructive meeting with the Financial Conduct Authority (FCA). They confirmed that franchised dealers do not represent their main cause of concern and we will continue to work with them to ensure a sensible approach to the issues outlined in their recent report on motor finance. Please find more details in the news.

The spring issue of our quarterly magazine The Voice has been published and is now available online. It includes updates on Drive My Career, the pilot phase of EVA, our Electric Vehicle Approved scheme, as well as the latest Dealer Attitude Survey.

The European Automobile Manufacturers Association (ACEA) has published the latest new passenger car registration figures for March. The European new car market declined by 3.9%, in line with the decrease seen in the UK. More details in this week’s news.

It was sad to hear the passing of Douglas Robertson, former Chief Executive of the SMTA. My thoughts and condolences are with his family and friends.

NFDA is your trade association: if you require any assistance, please do not hesitate to contact our member helpline at 01788 538303.

Sue Robinson, NFDA Director