Dear Colleague,

New car sales grew in February compared to the same month last year when the market was heavily impacted by the lockdown, but registrations remain lower than pre-pandemic levels. Despite well documented external factors, feedback from our members suggests there is cautious optimism for the year ahead. Last month, registrations of light commercial vehicles declined as supply constraints continue to impact sales. Please find further details in the news.

On Monday at 9 am we will publish the latest results of the NFDA Dealer Attitude Survey. The survey plays an ever increasingly important role within the industry as demonstrated by our record response rate. Watch this space!

Next week, I will be at NADA in Las Vegas and on Thursday I will join an international roundtable alongside a number of NFDA equivalents from across the world. I look forward to meeting many of you at the show, we will keep you updated.

One month to the NFDA Spring Ball! The event, which will take place on 2 April at the Grove in Hertfordshire, will be hosted by Mark Durden-Smith, while Ed Balls will be our guest speaker. We have very few seats left – this is your last chance to secure your ticket. Please see below or email lena.patel@rmif.co.uk for more details.

NFDA is the voice of automotive retailers: if you require any assistance, please do not hesitate to contact our member helpline at 01788 538303 or email nfda@rmif.co.uk.