Newsletter
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Issue 1 - 06th January 2023
2022 New Car Figures Fall but Dealers Remain Cautiously Optimistic
“2022 was an irregular year for new car registrations with the market impacted by wide ranging factors from supply constraints, driven by continued lockdowns and the war in Ukraine, to the cost-of-living crisis impacting demand in the UK”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT’s new passenger car registration...
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06th January 2023
NFDA Spring Ball 2023
The world renowned five star Grove Hotel, Chandler’s Cross, Hertfordshire, will play host to next year’s prestigious NFDA Spring Ball on Saturday 22 April 2023. Join us for a captivating night of...
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06th January 2023
Fill in the Digital Retailing Research Invitation in...
Have you completed our digital retailing research survey yet? As part of their commitment to improving the car buying experience and creating efficiencies and opportunities for all retailers,...
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06th January 2023
Supply Constraints Cause LCV Market To Suffer In 2022
“Throughout 2022 franchised dealers have reported strong demand for light commercial vehicles under 3.5 tonnes, but the continued restrictions to component supply have frustrated manufacturers in...
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06th January 2023
Members In The News
CAR DEALER MAGAZINE Inchcape completes £1.3bn Derco takeover in Latin America region Inchcape has completed its £1.3bn buyout of Latin America’s biggest independent automotive distributor Derco. A...
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06th January 2023
Subject Access Requests
“When I receive a Subject Access Request do I have to provide everything with a person’s name on?” The Short answer is no. Whilst a person’s name will be personal data, this does not mean the whole...
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06th January 2023
MHA Macintyre Hudson Offers Guidance for VAT Errors on...
In an email issued on 26 September 2022 and headed: ‘Sale of vehicles on finance: risk of VAT errors’, HMRC prompted dealers to address a known VAT risk. Please find attached the full update from...
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06th January 2023
Market Enters 2023 On Firm Footing as Used Car Prices and...
The average price of a used car in December was £18,030 – up 3.4% year-on-year and the 33 consecutive month of year-on-year growthAs is typical during the festive period, December saw a -0.4% decline...
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06th January 2023
NFDA's Quarterly Magazine The Voice is OUT NOW
The Winter Edition of NFDA's Quarterly Magazine 'The Voice' is out now! Highlights include: Welcome note from Sue Robinson The NFDA Spring Ball 2023 secure your tickets today! Audi reaches 100%...
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06th January 2023
Welcome Note From Sue Robinson
Firstly, welcome back to the NFDA Newsletter! I wanted to start by wishing everyone a very Happy and prosperous New Year! We have started the year with SMMT’s new car registration figures for...
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