The NFDA, its advisers (TLT) and industry leaders have recently participated in productive discussions with the Competition and Markets Authority (CMA) on the topic of the UK motor vehicle block exemption (MVBEO) and, more particularly, its guidelines.

Noting the progress already made by the CMA on wider industry matters in the guidelines, such as the benefits of a meaningful industry Code of Conduct, the NFDA was invited to submit additional information and suggestions for consideration. This included information in respect of an industry transition to agency-type models, as well as further insights on possible indirect restrictions and associated guidance to preserve the competitive independence of retail-level trading partners, with a view to maintaining healthy levels of intra-brand competition, which dealers are so key to preserving, in the interests of consumers.

Sue Robinson, NFDA Chief Executive, who led the engagement with the CMA, commented: “The sector is undergoing radical and rapid change, which we are keen to ensure is considered carefully as part of any ongoing regulatory review. A healthy dealer network is central to ensuring that, at a time when many consumers need to achieve genuine savings, the sector is able to continue to deliver the best possible proposition and service for them.

"The CMA puts protecting consumer interests at the heart of its policy making, and our discussions with the CMA are aligned with this. The NFDA remains committed to assisting the CMA’s helpful review and awaits further publication in due course.”