JUNE SEES SIGNIFICANT GROWTH FOR NEW CAR MARKET, HOWEVER NFDA REMAINS CONCERNED THE MACRO ENVIRONMENT REMAINS DIFFICULT FOR DEALERS
NFDA 04/07/2025
“The new car market in June has considerably grown, with a 6.7% increase in registrations.” 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 COMMENTS ON PRAX GROUP’S INSOLVENCY
PRA 30/06/2025
Responding to Prax Group entering administration, Gordon Balmer Executive Director of the Petrol Retailers Association (PRA) commented:
“It is regrettable that the Prax Group Lindsey refinery has fallen into insolvency."
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STEADY PERFORMANCE CONTINUES ACROSS WHOLESALE VEHICLE MARKET IN JUNE
NAMA 19/06/2025
“The wholesale vehicle market continued to perform steadily through June, with conversion rates improving and pricing remaining relatively stable” said Paul Hill, spokesperson for the National Association of Motor Auctions (NAMA), following the June market meeting for 2025.
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PRA Welcomes New Accreditation Standards
PRA 17/06/2025
Responding to the new Accreditation Standard for fuel retails and cost recovery agents, Gordon Balmer, Executive Director of the Petrol Retailers Association, said:
“We are very pleased that this policy is now being implemented. Fuel theft remains a significant challenge for our members and this standard represents a vital step forward in enabling retailers to recover costs effectively and lawfully, while maintaining data security and public trust."
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Independent Garage Association responds to Rachel Reeves’ Spending Review
IGA 13/06/2025
Having reflected on the Chancellor’s Spending Review, the Independent Garage Association (IGA) welcomes the focus on economic growth, particularly the commitment to regional investment and the enhancement of technical education. However, they are concerned that small and medium-sized enterprises (SMEs), long described as the backbone of the UK economy, may once again have been overlooked.
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PRA Responds to the Chancellor’s Spending Review
PRA 12/06/2025
Commenting on Chancellor Rachel Reeves MP’s delivery of the Government’s Spending Review, Gordon Balmer, Executive Director of the Petrol Retailers Association (PRA), said:
“The PRA acknowledges the Government’s multi-year Spending Review and welcomes investment in key areas. However, we remain concerned with the lack of clarity on how the Government’s announcements regarding the transition to electric vehicles will challenge fuel retailers facing rising costs."
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