From 3 to 10 January 2024, the National Franchised Dealers Association (NFDA) surveyed its members to seek dealer opinions and their outlook for 2024. The survey received 50 responses from various franchised dealership groups across the UK, representing a total of 279 sites.
Today, 11 January 2024, the Financial Conduct Authority (FCA) released a statement announcing that they will be undertaking work in the motor finance market.
“It has been encouraging to see further growth in the light commercial registration market but it is disappointing to see that electric vans have failed to increase as we approach the implementation of the ZEV mandate in January” 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’s new passenger van registration figures.