On Wednesday 22 November 2023, Jeremy Hunt unveiled his Autumn Statement to the nation, with the following measures set to impact the automotive retail sector:

The NFDA has been continuing their lobbying efforts with the government and has analysed the Autumn Statement on your behalf.

Areas where dealers will benefit from our lobbying efforts include:

• Business Rates relief

• Reforming the apprenticeship levy

• Improving the electric vehicle charging infrastructure network

• Electric vehicle price incentives and accessibility

• Rules of origin and type approval

• Establishing an equitable road tax scheme

• Fuel duty

The NFDA has put together a summary document including all the most relevant policy updates for franchised dealers.

Please find the document here: Full document