FIXED COST INCREASES FEED INTO MARGINS, SAYS PRA.
PRA 16/04/2024
“While the situation in the Middle East could raise pump prices, petrol retailers are doing all they can to keep prices as low as possible for their customers.
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NFDA’s Dealer Attitude Survey Reveals Concerns Around EV’s
NFDA 11/04/2024
Published on Monday 8 April 2024, NFDA’s Winter 2024 Dealer Attitude Survey (DAS) was carried out over five weeks between the end of January and the start of March 2024, asking franchised dealers questions about the on-going business relationship with their respective manufacturer(s). The survey attracted 2,321 responses from 32 franchised networks, equating to a strong response rate of 63%.
MARCH’S POWERED TWO-WHEELER (PTW) NEW REGISTRATIONS FALL BELOW THOSE OF THE SAME PERIOD LAST YEAR, ELECTRIC EXPERIENCES MODEST GROWTH
NMDA 09/04/2024
“March’s typically anticipated boost in registrations, driven by being a plate change month, fell short with a slight -3.7% decrease when compared to March 2023. Despite this, new powered two-wheeler (PTW) registrations still performed admirably with 16,803 total registrations in the month,” says Symon Cook, Head of National Motorcycle Dealers Association (NMDA) commenting on the latest MCIA registration figures.
NEW CAR MARKET RECORDS BEST MARCH SINCE PRE-PANDEMIC, NFDA CALLS FOR PRICE INCENTIVES AS PRIVATE DEMAND LAGS BEHIND FLEET
NFDA 04/04/2024
“March signals a twentieth month of consecutive growth for the automotive sector, a remarkable milestone for the industry” 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.
2024 STARTS OFF STRONGLY FOR POWERED TWO WHEELERS, ELECTRIC ADOPTION REMAINS SLOW
NMDA 26/02/2024
“With the final months of 2023 signalling a challenging time for motorcycle sales it is promising to see a turnaround as we enter 2024. It is encouraging to see these positive sales when we look at the current economic climate and the impact of the usual winter months.” says Symon Cook, Head of National Motorcycle Dealers Association (NMDA), commenting on the latest MCIA registration figures.
AUCTION MARKET IS STRONG AND STEADY, NAMA REPRESENTATIVES REVEAL
NAMA 26/02/2024
“The auction market overall is very strong with prices achieved and conversion rates showing very healthy levels of demand with the ability to absorb supply. The outlook remains positive with a note of caution regarding a change in market conditions at Easter," said Paul Hill, National Association of Motor Auctions (NAMA) spokesman, following a meeting this week (Tuesday 20 February 2024) with NAMA representatives.