“We are pleased to see that the franchising industry’s turnover has grown 10.2% since 2013", said Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the significant growth of the franchising sector.
In 2015 British franchising businesses across all sectors contributed more than £15 billion to the national economy employing more than 621,000 people.
Sue Robinson continued, “It is extremely encouraging to see that the franchised car and commercial vehicle dealers have made a great contribution to the franchising sector.
“Franchised Dealers account for over 10% of franchised business outlets operating in the UK and are an important contribution to the sector.
“As franchising is important to a range of industries, and not least the retail automotive sector, it is vital that the government acknowledges the benefits both for employment and revenue that the sector contributes to the UK economy.”
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.