Tag Archives: NFDA

The cost of motor dealers doing business is set to rise as a result of the measures included in the 2024 Budget yesterday. One of the biggest increased costs comes with National Insurance. The rate that employers pay in contributions will rise from 13.8% to 15% on a worker’s earnings from April. Sue Robinson, CEO of the National Franchised Dealers ...

Kia has emerged once again as the franchise most rated by dealers in the latest NFDA dDealer Attitude Survey It achieved highest overall manufacturer rating for Summer 2024 with a rating of 9.3/10. The lowest overall manufacturer rating is Citroen with 3.4/10. Jaguar saw the most significant improvement in ratings compared to the Winter 2024 survey, with an increase of ...

Dealers have expressed ‘clear concerns’ over the current and future profitability of running their franchise. That’s the headline finding of the Dealer Attitude Survey from the National Franchised Dealers Association which said that topics relatinbg to profitability and margins were among the lowest rated in the survey. Current profit return from representing the franchise was the third lowest scoring question ...

The National Franchised Dealers Association (NFDA) has renewed its call for the government to launch new initiatives to drive vehicle electrification. The call comes ahead of next week’s Budget with the NFDA lobbying for a fairer business rate model, clearer road and ringing additional funding for UK road maintenance. “Next week’s Autumn Budget will be the first under a Labour ...

Volkswagen Group UK is pushing ahead with plans to remap its UK dealer networks with cuts to the number of dealer outlets and fewer investors. To be fair, it’s not alone. These programmes are ongoing by carmakers and have long timelines, but the VW plan is ambitious, reflecting its big presence in the UK, taking a quarter of car sales, ...

Financial services group Zeus Capital has become the last voice to cast doubt over the efficacy of the government’s ZEV Mandate. In its Quarterly Electric Vehicles Report, it said carmakers were lagging well behind the governments ZEV Mandate targets of 22% for cars and 10% for vans. “Despite continued growth, the 16.8% share of new registrations is quite a way ...

The NFDA’s Consumer Attitude survey found that 92% of respondents were satisfied with franchised dealers while only 22% purchased from an independent dealer. 9% selected a car supermarket for their current vehicle while 8% selected ‘privately advertised’. Sue Robinson, Chief Executive of NFDA, said: “It is positive to see that overall satisfaction with franchised dealers remains high and that many ...

The NFDA’s latest Consumer Attitude Survey found that 55% of those surveyed think EVs are too expensive. 1,500 motorists were questioned and it appears cost is still the largest barrier to EV adoption. Sue Robinson, Chief Executive of NFDA, said: “With the Zero Emissions Vehicle mandate having come into law earlier this year, it is concerning that cost remains the ...

The National Franchised Dealers Association has called on the government to introduce new measures to boost demand for electric vans. The call came following the release of official figures showing van sales so far in 2024 failing to hit government targets. BEVs have to account for 10% of van sales in 2024 or OEMs risk big fines. So far they ...

Around 35 Bills were announced in the King’s Speech yesterday, including a Skills England Bill. The Skills England Bill would aim to reform the Apprenticeship Levy, fulfilling a Labour manifesto pledge. Sue Robinson, CEO of the NFDA, said: “One of the key ‘asks’ outlined in NFDA’s 2024 General Election manifesto was to overhaul the ‘flawed’ Apprenticeship Levy so we are ...