The new light commercial vehicle (LCV) market declined in October, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 24,968 new LCVs joined British roads last month, a -7.4 per cent fall compared with the same month last year.
The UK new car market declined for a seventh consecutive month in October, with 158,192 new units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Demand fell by -12.2 per cent in the month, as falling confidence among buyers continued to impact the market.
The National Franchised Dealers Association (NFDA) has commented that the lower number of light commercial vehicle registrations in September is indicative of “uncertainty” and higher retail prices of goods from the European Union as a result of a weaker pound.
The UK new car market declined for a sixth consecutive month in September, with 426,170 new units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Registrations fell by -9.3 per cent in this key month, as economic and political uncertainty, and confusion over air quality plans led to a fall in consumer confidence.
Altering a vehicle’s odometer to show a lower mileage than that actually travelled is not itself illegal. However, the practice of selling a ‘clocked’ vehicle to someone, without notifying them that the vehicle’s mileage has been altered is illegal. Historically, this has been to increase the value of a vehicle, but many consumers are now adjusting their cars’ mileages to avoid excess mileage penalty fees that are part of a car’s finance agreement.
The NFDA has produced a leaflet which analyses the different types of pollutants including NOx, CO2 and particulates, and from what sources these derive. The leaflet examines the role of diesel with a clear differentiation between old diesel and modern Euro 6 and the different impact they have on air pollution.
“The overall relationship between franchised car dealers and manufacturers recorded an average score of 5.6* in the Summer 2017 Dealer Attitude Survey, which is -0.5 points down from the last survey and -0.6 lower than the same time last year”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle dealers in the UK, commenting on the NFDA Summer 2017 Dealer Attitude Survey, published today (4 September 2017).
Following the increase in July, the new van market also grew in August by 1.5 per cent to 15,619 units, SMMT figures reveal. Year to date, the market is now -2.8 per cent down on last year.
The Society of Motor Manufacturers and Traders has reported a fifth consecutive month of decline in the UK new car market. August registrations fell -6.4 per cent, following 2016’s record August. The SMMT remained sanguine about the decline, pointing out that, at 76,433 new cars registered, it is still the third-best August in 10 years. The year-to-date has remained broadly in line with full-year expectations, down 2.4 per cent, with 1,640,241 new cars joining British roads in the first eight months.
Chris Heaton-Harris MP visited National Franchised Dealers Association (NFDA) Commercial Vehicle member, Brian Currie DAF Truck dealership on Wednesday 30 August.
The Rt Hon Nicky Morgan MP visited National Franchised Dealers Association (NFDA) member, Inchcape Mercedes-Benz dealership in Loughborough on Friday 21 July 2017. Morgan, who is Member of Parliament for Loughborough, and recently appointed chair of the Parliamentary Treasury Committee, was on a site visit to discuss the general workings of the dealership and the sites local significance.
“The NFDA has written to HM Treasury and the Department for Business, Energy and Industrial Strategy to highlight the serious impact that the debit card charges introduced by the Interchange Fee Regulation are having on our members”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers in the UK.
The deadline for all organisations to comply with the new General Data Protection Regulation (GDPR) will come on 25 May 2018. Sue Robinson, director of the National Franchised Dealers Association (NFDA), says “it is imperative that organisations have a compliance strategy in place, as failure to comply will result in extremely harsh fines.”
The National Franchised Dealers Association (NFDA) and ICDP have published ‘Life after Brexit: challenges and opportunities for UK automotive retail’. The discussion paper analyses challenges, outlines priorities and investigates opportunities that are likely to appear for the retail auto industry as the post Brexit situation emerges.
It did not take long for various sectors of the automotive industry and aftermarket to voice their reactions to the Queen’s speech at the opening of Parliament on Wednesday. One such reaction came from Brian Madderson, Chairman of The Petrol Retailers Association (PRA). He said: “The PRA has raised concerns directed at the government’s announcement that large retailers and motorway service areas (MSA) will be required to install electric charge points”.
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