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%.
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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.
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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.
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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.
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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.
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CAR WASH ASSOCIATION COMMENTS ON RIGHT TO WORK OFFENCES
PRA 26/02/2024
Data from the Illegal Immigration Unit at the Home Office showed that 78 hand car washes across the UK had been fined a total of nearly £1.5 million for ‘right to work’ offences in the first nine months of 2023.
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NFDA OUTLOOK SURVEY HIGHLIGHTS NEED FOR MORE GOVERNMENT SUPPORT
NFDA 23/01/2024
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.
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NBRA RETURNS WITH GREENER BODYSHOP AWARDS 2024
NBRA 17/01/2024
The National Body Repair Association (NBRA) is delighted to announce the date and venue for the 2024 Greener Body Shop Awards (GBSA), showcasing the repairer industry's commitment to sustainability and environmental responsibility. The event is set to take place at the Coventry Building Society Arena on 10 September 2024.
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PETROL RETAILERS ASSOCIATION RESPONDS TO RELEASE OF ROAD FUELS CONSULTATION
PRA 16/01/2024
“The PRA has been actively engaged in collaborative efforts with the Department for Energy Security and Net Zero (DESNZ) and the Competition and Markets Authority (CMA) to enhance fuel price transparency.” said Gordon Balmer, Executive Director of the Petrol Retailers Association.
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DECEMBER ROUNDS OFF DISAPPOINTING YEAR FOR PTW REGISTRATIONS AS NMDA CALLS FOR CLARITY FROM GOVERNMENT IN NEW YEAR
NMDA 15/01/2024
“December’s figures round off what has been a disappointing year for PTW registrations. Whilst models such as adventure, naked and road sport saw an increase on 2022 figures, it appears that uncertainty around the economy and supply chain issues have had a considerable impact on registrations throughout 2023,” says Symon Cook, Head of National Motorcycle Dealers Association (NMDA) commenting on the latest MCIA registration figures.
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FINANCIAL CONDUCT AUTHORITY (FCA) ANNOUNCES NEW MEASURES IN RESPONSE TO MOTOR FINANCE COMPLAINTS
NFDA 11/01/2024
Today, 11 January 2024, the Financial Conduct Authority (FCA) released a statement announcing that they will be undertaking work in the motor finance market.
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