Dear Colleagues,

This week, the Chancellor Jeremy Hunt released his Autumn Statement. Whilst the statement offered some reason for cautious optimism, it also highlighted the need for additional efforts by the Government to support the sector. The fiscal budget was the Government’s opportunity to outline a clear and strategic vision to support the automotive sector in its transition to net-zero, but NFDA has seen this as a missed opportunity. NFDA’s lobbying efforts were successful for a number of categories, including business rates relief and support for apprenticeships. But, ultimately, the statement did not go far enough for the automotive sector and missed out on a key opportunity for assurances into the changing sector, with EV incentives, charging infrastructure support and revised net-zero regulation.

As of today, the Public Charge Point Regulations came into force, introduced to ensure that the experience of consumers using public charge points across the UK is consistent. This is a positive step in the right direction to instil confidence in prospective EV drivers, ensuring that the charging infrastructure is adequate, reliable and functional. In today’s NFDA news, you can find a breakdown of what this regulation consists of, including regulated price transparency, regulated contactless payment and regulated charge point data.

This week held the final NFDA national executive meeting of the year, an opportunity to discuss the forward strategy and most pertinent issues affecting the sector and how NFDA will approach its lobbying for 2024. The same evening, we had the opportunity to celebrate the incredible achievements from 2023 at the Motor Trader Industry Awards. It was great to see so many NFDA members take home awards and is testament to the hard work and dedication franchised retailers put in to be as successful as they are. A huge congratulations and well deserved to all winners, you can find a summary of the night’s winners in today’s news!

Sue Robinson, NFDA Chief Executive

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