Tag Archives: NFDA

Consumers want the next government to focus on restimulating the private market for electric vehicles. That’s the key finding of a General Election survey from the National Franchised Dealers Association. The survey received 51 responses from various franchised dealership groups across the UK, collectively representing over 300 sites. “Through NFDA’s General Election survey and manifesto, dealerships have clearly communicated their ...

Most dealers say they are under pressure from carmakers to sell EVs to meet ZEV Mandate targets. A survey of dealers carried out by the National Franchised Dealers Association (NFDA) found that 39% of dealers were under ‘a great deal’ of pressure to sell EVs whilst 32% were under ‘a moderate amount’ of pressure. The survey received 51 responses from ...

The National Franchised Dealer Association (NFDA) has released a manifesto ahead of the General Election, taking place on 4 July. The manifesto lists ways that the UK Government can support automotive retail. Sue Robinson, Chief Executive of the NFDA, has described the automotive sector as “one of the pillars of the UK economy. Robinson said: “Automotive retailers employ 78% of ...

Inflation has had a direct impact on the consumer thought process of buying vehicles and is expected to come down at the end of 2024/the start of 2025. Inflation combined with consideration of wages and disposable income raises questions for consumers, including whether to buy a used car or a new car. NFDA’s Driving Digital 2024 discussed the impact of ...

Chinese manufacturers are efficient without compromising the quality of a product, Owen Edwards from Grant Thornton UK noted at the NFDA’s Driving Digital 2024. Constructing a vehicle more efficiently can reduce costs significantly. In fact, Tesla has previously suggested that this can reduce costs by 30%. There are various ways to take out cost in the construction of a vehicle. ...

The National Franchised Dealer Association (NFDA) facilitated the visit of Navendu Mishra MP to Lookers’ Volvo dealership, in the MP’s constituency of Stockport, on 26 April. The visit builds on NFDA’s parliamentary engagement programme. Mishra and his team were shown around the dealership by David Cooper, franchise director at Lookers, as well as NFDA representatives. Challenges impacting the sector at ...

Industry experts reflected on the role of the dealership at NFDA’s Driving Digital 2024 yesterday. In 2019, management consulting firm Bain & Company published ‘A Survival Guide for Europe’s Car Dealers’ which predicted a decline in sales from traditional dealerships by 2025. In 2024, it is clear that the role of the dealership is indispensable. The ‘Survival Guide’ predicted a ...

There is a strong need for retailers to support digital journeys and connect it with a buyer’s physical journey at the forecourt, the audience of the NFDA’s Driving Digital 2024 heard. Omnichannel solutions aim to provide consumers with a seamless online-offline retail experience. An example of this is Auto Trader’s Deal Builder. Catherine Faiers, Auto Trader COO, said: “In terms ...

Graeme Potts, chief executive of Eden Motor Group, offered a retailer perspective on the switch to electric at NFDA’s Driving Digital 2024 yesterday. Potts suggested encouraging consumers to get comfortable with electric by using hybrid models as a stepping stone rather than making the full electric switch right away. He said: “When it comes to power choice, I’m sorry to ...

NFDA-NI is disappointed with Northern Ireland’s Infrastructure Minister, John O’Dowd as he introduced one-year temporary exemption certificates (TECs) to some private cars today. Vehicle licensing information shows that around 115,000 cars may be eligible for a TEC, the Department for Infrastructure says. TECs will apply to private cars registered between 1 June 2019 and 31 May 2020 or between 1 ...