Newsletter
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Issue 40 - 08th October 2021
Welcome note from Sue Robinson
Dear Colleague, In the past two weeks, we attended the Labour and Tory party conferences. Meetings with stakeholders and MPs provided an ideal opportunity to continue our political engagement on behalf of dealers. We highlighted franchised dealers’ investment levels, our sector’s contributions to the economy, as well as the challenges our industry is facing to meet the 2030/35 Government deadline for ICE vehicles. Further meetings with Parliamentarians will follow, please...
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08th October 2021
NFDA OUTLINES FRANCHISED DEALERS’ PRIORITIES IN SPENDING...
In its Spending Review Submission, NFDA has urged the Government to recognise the impact that the planned tax increases will have on dealers, while also highlighting a number of requests to support...
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08th October 2021
NEW CAR SALES DECLINE AS SUPPLY ISSUES CONTINUE TO BITE
The new car market declined by -34.4% in September according to he latest SMMT figures. “New vehicle sales in the UK declined in September as a result of supply-side issues facing the sector and...
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08th October 2021
SUPPLY ISSUES CRUSH STRONG DEMAND FOR LIGHT VANS
Registrations of new commercial vehicles up to 3.5t declined by -39.5% in September as the global shortage of semiconductors has “eventually hitting the market”, the latest SMMT figures showed. The...
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08th October 2021
MILS CASE STUDY: Commission Disclosure
A number of members who have complaints pending with the Financial Ombudsman’s Service (‘FOS’) regarding the selling of finance products have recently received correspondence referring to the recent...
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08th October 2021
Contactless card payment limit will increase to £100 next...
Shoppers that choose to use contactless payments on their card at the checkout will be able to spend up to £100 without needing to enter their PIN from the 15th of October. The maximum amount was...
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08th October 2021
ANOTHER MONTH OF USED CAR RECORD PRICE GROWTH, POWERED BY...
According to the latest results from the Auto Trader Retail Price Index, which is based on daily pricing analysis of circa 900,000 vehicles, price growth during September reached yet another all-time...
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08th October 2021
Fuel shortage a ‘catalyst’ for electric vehicle sales, What...
The ongoing fuel shortage is acting as a catalyst for the electric vehicle market, according to What Car?’s latest industry research among over 1,100 in-market buyers. What Car’s latest industry...
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08th October 2021
NFDA POLITICAL ENGAGEMENT CONTINUES AT PARTY CONFERENCES
At the Conservative Party Conference, NFDA held a constructive meeting with the Minister for International Trade, Ranil Jayawardena MP. As a result of discussions focusing on the importance of...
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08th October 2021
Join your NFDA Regional Dealer Meeting
NFDA members are invited to join NFDA’s Dealer Regional Meetings taking place in November. The regional meetings provide a unique opportunity to discuss and gain advice on the most pertinent industry...
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