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OCTOBER SEES FURTHER CONTRACTION IN NEW CAR MARKET, EVS ONLY POWERTRAIN TO SEE GROWTH FOR THE MONTH

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NFDA 05/11/2024

“October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT new car registration figures.

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PRA welcomes fuel duty freeze but highlights tax pressures and rising crime - Autumn Budget 2024  

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PRA 05/11/2024

“The Chancellor’s Autumn Statement has maintained the freeze on fuel duty and continued the 5ppl cut, an outcome the PRA has long advocated for and a significant win for motorists and businesses amid challenging economic times. However, the statement has also introduced a series of tax increases that will deeply impact both motorists and businesses across the UK.

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IGA responds to Autumn Budget 2024  

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IGA 05/11/2024

“We acknowledge the Government’s Budget initiatives aimed at fostering growth for small businesses, including independent garages. However, amidst some positive steps, the IGA is urging the government to address critical areas of concern that may hamper the automotive sector’s ability to thrive in the coming years.” said Stuart James, Chief Executive of the Independent Garage Association (IGA).

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NMDA at Motorcycle Live

NMDA 29/11/2022

The NMDA’s collaboration with MCIA and Bike Jobs on the Motorcycle Industry Careers Hub stand at Motorcycle Live was a great success and had attracted over 60 registrations of interest in careers after just 4 days in. The Hub gave people the opportunity to look at Job Vacancies through the Bike Jobs website and talk to the team about how to get a start in the Motorcycle Industry.

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NMDA COMMENTS ON PTW REGISTRATION FIGURES

NMDA 22/12/2021

“Despite Covid’s best efforts to scupper another full year of trading for motorcycle dealers, November’s registration figures (up 21.9% year on year) and subsequent 2021 year to date figures (up 12.1%) show a continued demand for Power Two Wheelers (PTWs) and consumer confidence in the sector” comments Paddy O’Connell, Head of NMDA.

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NMDA COMMENTS ON PTW REGISTRATION FIGURES

NMDA 16/12/2021

“Despite Covid’s best efforts to scupper another full year of trading for motorcycle dealers, November’s registration figures (up 21.9% year on year) and subsequent 2021 year to date figures (up 12.1%) show a continued demand for Power Two Wheelers (PTWs) and consumer confidence in the sector” comments Paddy O’Connell, Head of NMDA.

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