The National Franchised Dealers Association (NFDA) has revealed the franchises dealers believe to be the most and least profitable in the UK in 2024. The recently NFDA published Dealer Attitude Survey rated Kia, MINI, Lexus, BMW and Nissan as the five most profitable franchised in the UK. At the other end of the scale the least profitable franchise was Jaguar, ...
Read More »Dealers hammer carmakers for lack of on-site EV charging support
Lack of support from carmakers on dealer electric vehicle charging infrastructure is the biggest bugbear for dealers. The latest Dealer Attitude Survey from the National Franchised Dealers Association found dealers worried about on site charging and carmaker support. The question got a score of 5.2 out of 10, the lowest returning score for the entire survey. Kia claimed the top ...
Read More »Kia and MINI are top franchises in NFDA Dealer Attitude Survey
Kia and MINI have been named the top brands by UK dealers in the latest National Franchised Dealers Association (NFDA) Dealer Attitude Survey (DAS). Lowest overall manufacturer rating went to Jaguar while Jeep most improved rating compared to the Summer 2023 survey. The Winter 2024 edition of the DAS was carried out between the end of January and the start ...
Read More »Hendy Group to address audience at NFDA digitalisation event
NFDA Driving Digital 2024 will be hosted at London’s Central Hall Westminster on 2 May, sponsored by Auto Trader the event will address the impact of digitisation, electrification and agency on retailers and car buyers. The speaker line-up will include Graeme Potts, CEO of Eden Motor Group; Dale Wyatt, director of Suzuki GB; Mark Busby, commercial director of Hendy Group; ...
Read More »ACEA February figures highlight 10.1% rise in EU car sales
There has been a 10.1% rise in EU car sales in February compared to the same month last year, according to The European Automobile Manufacturers’ Association (ACEA). EU car sales reached 883,608 units in February and in the first two months of 2023, car registrations grew by 11.2% to 1.7 million units. Petrol remains the most popular power source, despite ...
Read More »Buyers look to dealers for information on switching to EVs
Motorists are looking to dealers for information on switching from ICE to electric vehicles. That’s a key finding of the latest Future of Transport report from Lex Autolease. The bi-annual report found that a third (28%) expect the government to provide better information on switching to electric, while 21% look to dealerships 18% to manufacturers, 4% to leasing providers and ...
Read More »Dealers celebrate International Women’s day
This International Women’s Day, dealers in the industry have highlighted the importance of representation of women in leadership roles. The National Franchised Dealers association (NFDA) has shared inspiring posts from members. An initiative developed by Lookers Motor Group is its “Mission Gender Equity” female mentoring programme, in partnership with social impact organisation Moving Ahead, led by head of learning and ...
Read More »EV sales, Motor finance probe, Top 50 Movers & Shakers
Welcome to the first Motor Trader for 2024 and the big issues of the day. First up: EV Mandate. The coming 12 months will be so critical for EV sales and carmakers ramp up production and put in place their ZEV target strategies. Dealers have raised reservations about prospects for EV sales in 2024. The National Franchised Dealers Association (NFDA) ...
Read More »Kia presents new models and plans for 2024 at dealer conference
Kia presented new models and plans for 2024 at dealer conference held in Liverpool. The event was fronted by president and CEO at Kia UK Paul Philpott. Philpott said: “Proud to present our record 2023 results and our exciting plans for the year ahead to all our dealer partners at our National Dealer Conference in Liverpool today. “Always motivating to ...
Read More »Van dealers face uphill battle to meet 10% ZEV target in 2024
Van dealers have their work cut out in 2024 to meet the Zero Emission Vehicle Mandate target for BEVs. Last year BEVs accounted for 5.9% of the van market and this will have to grow significantly to meet the 10% target for 2024 under the new ZEV rules. The Society of Motor Manufacturers and Traders (SMMT) said the BEV van ...
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