Dear Colleague,

This week, NFDA appointed David Newman as Chairman. David, previously chairman and owner of Ridgeway Group, succeeds Mark Squires whose tenure as Chairman ended at the end of 2019. I would like to thank Mark for all his support over the past three years and look forward to working with David. Please find more information in the news.

NFDA is currently preparing its submission for the Budget which will be held on Wednesday 11 March. We encourage our members to contact us with their views on specific issues they would like us to include. Please contact nfda@rmif.co.uk for more information and submit your requests by 4 March.

A reminder – the deadline to respond to the NFDA Dealer Attitude Survey Winter 2019/2020 is Friday 31 January 2020. Your feedback is vital and allows us to address any issues that may be affecting different business aspects of the relationship with your manufacturer. Please complete the survey and contact nfda@rmif.co.uk if you have not received your copy.

We have now submitted our response to the FCA consultation on motor finance commission models and disclosure. If you would like to receive a copy of our response, please email nfda@rmif.co.uk, we will update you in due course.

NFDA is your trade association, if you require any assistance or would like to attend one of our meetings or events, please contact our member helpline – 01788 538 303.

Sue Robinson, NFDA Director