The UK new car market has hit the half year million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1 per cent to reach 179,263 units, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT). As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0 per cent on the previous year but still down -20.7 per cent on 2019.
The National Franchised Dealers Association (NFDA) has urged the government to support automotive retailers during the coronavirus outbreak and has recommended a range of measures to accomplish this. The organisation, which represents franchised car and commercial vehicle retailers in the UK, also expresses its willingness to discuss the matter further.
The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle dealers in the UK, has appointed Mark Squires as chairman effective 11 October 2016. Squires succeeds Peter Jones whose tenure as chairman ended on 11 October 2016 following his two years of service.
The NFDA Winter 2016 Dealer Attitude Survey has been published, showing that dealer networks’ satisfaction with their associated manufacturer has reached its lowest average level for several years. “The relationship between car dealers and car manufacturers recorded an average score of 6.1 – 0.1 points lower than the summer 2015 survey. This is the lowest score recorded in the past 8 surveys, suggesting that a number of dealer networks are slightly less satisfied with their relationship with their manufacturer,” said Sue Robinson, director of the National Franchised Dealers Association.
SMMT figures show that commercial vehicle demand grew 27.0 per cent in October to 35,027 units, driving the market up 14.1 per cent to surpass 300,000 units. Truck registrations saw a sharp upturn of 65.7 per cent to 8,457 units, marking the first month of growth for the market in 2014. Year-to-date levels remain down […]
“Sales of commercial vehicles continued to increase in July with registrations up 25.8 per cent”, 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 van and truck registration figures.
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