Newsletter
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Issue 31 - 31st July 2020
Welcome note from Sue Robinson
Dear Colleague, Having engaged with Government on the issue, NFDA plus a number of franchised dealer members have responded to the consultation on ending the sale of internal combustion engine vehicles by 2035. We have highlighted that strong financial incentives must remain in place to support the EV market, hybrids should be given a later phase out date and retailers will also need support to install necessary charging infrastructure. Please...
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31st July 2020
2035 COMBUSTION BAN: NFDA URGES GOVERNMENT TO SUPPORT...
In its response to the consultation on ending the sale of new petrol, diesel and hybrid cars and vans, NFDA has highlighted dealers’ concerns and provided the Government with detailed recommendations...
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31st July 2020
FCA’S MOTOR FINANCE DISCRETIONARY COMMISSIONS BAN, NFDA...
The FCA has confirmed it will introduce a ban on motor finance discretionary commission models. The announcement followed a consultation in October 2019. “In the light of consultation feedback and...
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31st July 2020
Northern Ireland plans to resume further MOT services and...
On Tuesday 28 July, Infrastructure Minister Nichola Mallon has announced that the Driver & Vehicle Agency (DVA) intends to resume further MOT testing services and practical car and lorry driving...
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31st July 2020
MILS CASE STUDY: What is a payment in lieu of notice?
“Unfortunately I am having to consider a number of redundancies. If I terminate an employee (or they resign) and I want to make a payment in lieu of notice instead of them working their notice...
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31st July 2020
Fastest Selling Used Car July 2020, Auto Trader
Peugeot 2008 revealed by Auto Trader as UK’s fastest selling used car in July The 2015 Peugeot 2008 (diesel automatic) is currently the UK’s fastest selling used car, taking an average of just 26...
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31st July 2020
FCA launches enhanced Financial Services Register to...
The FCA has launched its updated Financial Services (FS) Register which includes a ‘simpler design and clearer language’. The redesign aims to help consumers protect themselves from harm and will...
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31st July 2020
Why the role of the dealership remains crucial, What Car?
Weekly poll: Four out of five buyers still want to take test drives, with 70% saying they are reassured by retailers’ covid-19 safety measures. The current Covid-19 crisis is far from over, but it’s...
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31st July 2020
DVLA update: Extension for driving licences expiring...
Drivers whose photocard driving licence or entitlement to drive expires between 1 February 2020 and 31 August 2020 will have a 7-month extension from the date of expiry. This means that drivers will...
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31st July 2020
Weekly News Digest
Auto Trader webinar to explore importance of gender diversity – AM Online Auto Trader has launched a new series of webinars in partnership with the Automotive 30% Club, in order to promote greater...
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