NFDA CV statement on Brexit vote and tariffs
NFDA 13/03/2019
“The NFDA Commercial Vehicle division is disappointed to see that in the case of a no-deal Brexit, imported trucks will attract a 22% tariff.
National Franchised Dealers Association
Independent Garage Association
Petrol Retailers Association
National Body Repair Association
National Motorcycle Dealers Association
National Association of Motor Auctions
NBRA statement on Brexit vote
NBRA 13/03/2019
"The NBRA's recent strategy meeting which was attended by 17 leading industry figures, identified the dire consequences a no-deal Brexit would potentially have for the Vehicle Body Repair industry and its 35,000 employees.
NFDA statement on Brexit vote and tariffs
NFDA 13/03/2019
“It is extremely disappointing to see that, in case of no-deal, imported cars will attract a 10% tariff which, ultimately, will penalise the consumer. This is highly concerning especially considering that imported cars account for the vast majority of new cars sold in the UK.
Motorcycle sales up 13 percent in February
NMDA 12/03/2019
“In what is typically a low volume month for motorcycle sales, it was encouraging to see that registrations were up 13% in February compared to the same period last year”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Big Oil partners with EdgePetrol
PRA 08/03/2019
Big Oil has announced today a new partnership with EdgePetrol, the innovative software company. As part of this partnership, EdgePetrol will now distribute Platts daily price assessments to Big Oil customers.
Increase in demand for light commercial vehicles in February
NFDA 05/03/2019
“It was positive to see that demand in the Light Commercial Vehicle (LCV) market was up 1.8% in February, in what is considered to be a typically low volume month due to the upcoming plate change in March”, said Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT’s light commercial vehicle registration figures.
New car market stable in February
NFDA 05/03/2019
“The new vehicle market continues to perform in line with expectations, up by 1.4% in February as private demand grows again”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT’s new passenger car figures.
Auctioneers remain optimistic about the March wholesale market
NAMA 04/03/2019
“March looks set to be another strong month for motor auctions, with over 80% of members expecting volumes to remain stable or increase,” said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s sentiment survey.
NFDA comments on FCA's Motor Finance Report
NFDA 04/03/2019
“Franchised retailers are authorised by the FCA and abide by its rules and guidance. Franchised retailers take rigorous steps to be compliant with consumer credit rules and can only offer car finance under strict conditions.