Dear colleague,
This week, we launched the latest NFDA Dealer Attitude Survey (DAS) – Winter 2024 edition, receiving 2,321 responses from 32 franchised networks, equating to 63% of the UK network. The survey covers a diverse range of topics and pressing industry issues, with Kia and MINI jointly securing the highest overall manufacturer rating in this edition.The survey is now accessible in three formats, including a storyboard report. Please find the latest editions of the DAS included in the news.
On Wednesday, NFDA NI hosted a meeting that brought together key figures within Northern Ireland (NI), including MLAs, MPs, various associations, and charge point operators. The cross-party roundtable meeting at the Culloden Estate in Belfast fostered positive discussions around key issues affecting the NI automotive industry, including the unacceptable state of the MOT regime and the patchwork charging infrastructure in the region.
Today, Office for National Statistics (ONS) reported that the economy grew by 0.1%, boosted by production and manufacturing in areas such as the car industry. This signals potential for increased sales and stability, benefiting franchised dealers.
As the FCA continues its review of historic motor finance discretionary commission arrangements, the FCA released a statement today, reminding firms to always maintain adequate financial resources. It is important that members reach out to NFDA with any questions or concerns. To receive NFDA’s guidance packs on the matter, please contact nfda@rmif.co.uk.
Lastly, NFDA’s quarterly magazine, The Voice Spring Edition, is out now! This edition includes a recap of NFDA's latest policy work, from the Government's Spring Budget review to MOT consultation response and our political engagement. Additionally, you'll find an exclusive interview with Steven Eagell, Chief Operating Officer of Steven Eagell Group.
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
