The National Franchised Dealers Association which represents franchised car and commercial vehicle dealers in the UK, notes the conclusion of the EU Referendum and the decision, by the British public, to vote leave.
Sue Robinson, Director of the NFDA said:
“Following the result of the vote the NFDA will work with our members and their manufacturer partners to help determine the correct next steps.
“The UK is the second largest car market in Europe, with £35.3 billion worth of cars imported to the UK from Europe of which over 820,000 are from Germany alone, 20% of their production.
“We urge the UK government to swiftly negotiate a trade deal across Europe and the rest of the world and to secure currency stability, such that there is a level playing field for our members to operate in. Clearly it is as important to European importers as it is to the UK market that a deal is put in place very quickly.”
NOTES TO EDITORS:
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.