Dear Colleagues,

This week NFDA hosted its annual Driving Digital conference at Central Hall Westminster and it was a ‘resounding success’! We were extremely pleased with the feedback from attendees with the speakers offering a great range of insightful and engaging content for dealers to take home. In this edition of NFDA news you will find a summary of the key takeaways from the event, and we will be sharing the slide packs with members next week. We look forward to hosting the event again next year!

Following Driving Digital, I attended the AM Awards 2023. It was good to see many familiar faces and celebrate the successes within the automotive retailing sector. Congratulations to all of the evening’s winners, particularly the NFDA members, you are doing an incredible job and it is positive to shine a light on this with industry peers. Please see below the list of award winners.

Finally, this week the Bank of England raised interest rates from 4.25% to 4.5%, the highest level for almost 15 years, in a bid to tackle rising inflation. We have issued a statement to press outlining that franchised dealers will be factoring this into their sales processes and price points, offering customers finance options to support affordability and their budgets.

Sue Robinson, NFDA Chief Executive