The Conservatives have won the General Election with an overall large majority. Following the outcome of the election and with one constituency left to declare, the Conservatives have 364 MPs, Labour 203, the SNP 48, Liberal Democrats 11 and the DUP eight.

The Conservative Party received 43.6% of the vote, with Labour on 32.2% and the Lib Dems on 11.5% Jeremy Corbyn said he will not lead Labour into the next election, following a "very disappointing night" for his party.

The National Franchised Dealers Association (NFDA) hopes the General Election result will provide clarity for business going forward.

Over the past months, the consumer has had a lack of emotional confidence in investment decisions and we hope this result will stimulate the motor retail industry.

NFDA will engage with the new Government to promote and safeguard the interests of franchised retailers.