The NFDA has written to the Chancellor of Exchequer urging government support for the industry to combat the ongoing energy crisis.

  • By October, energy bills for dealers are expected to have risen by an unsustainable 250%.
  • 94% of our members surveyed said they believe the energy crisis will have a significant and detrimental impact on how they undertake business.
  • NFDA proposes a subsidy that would comprise of 25% in the value of the increase in a dealership's electricity bill over the past six months and would last for a year.

“The unprecedented rise in energy costs over the past six months, without prompt and suitable help, will for many in the automotive retail industry prove an extremely difficult burden”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), commenting on their recent letter to Rt Hon Nadhim Zahawi MP, Chancellor of the Exchequer.

Sue Robinson continued: “Supporting the industry at this moment in time will give businesses the time they need to renegotiate contract prices which better reflect the increasing energy costs.

“NFDA has requested a meeting with the Chancellor to discuss how best the industry and government can work together to address this critical issue. We have also written to the Secretary State for Business, Energy and Industrial Strategy, Rt Hon Kwasi Kwarteng MP, and two Conservative leadership candidates on the matter.”