Dear Colleague,
New passenger car registrations declined by -4.9% in June as uncertainty continues to affect buyers. Although sales of alternative fuel vehicles decreased, battery electric vehicles rose by 61.7% despite significant supply challenges. Positively, the new van market continued to grow, up by 13.5% in June driven by demand for vans under 2 tonnes and between 2.5 and 3.5 tonnes. Please find more information below.
The Alliance of European Car Dealers and Repairers (AECDR) has now officially been formed. The primary objective of the alliance is to promote the interests of European car dealers and repairers at a European level. AECDR has already contributed to the European Commission’s consultation on the Vertical Block Exemption Regulation. Please find more details below.
On Tuesday, we spoke at the Renewable Energy Association EV Experience 2025 conference in London. It was interesting to hear the views of the different parties involved in the shift to EVs. We highlighted the crucial role that franchised dealers play during this phase of transition. More details in the news.
AM Live 2019 will be back on 7 November 2019 at the NEC in Birmingham. Registrations are now open and this leading event for motor retailers is free to attend. Register now to secure your place.
NFDA is your trade association: if you require any assistance, contact our member helpline at 01788 538303.
Sue Robinson, NFDA Director