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Welcome note from Sue Robinson

Welcome note from Sue Robinson

Posted by Sue Robinson on 16/12/2016

Dear Colleague, This week the Bank of England announced that interest rates will be held at their record low of 0.25%. This is positive news for the industry, as low interest rates combined with ...

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EU NEW PASSENGER CAR MARKET COMES BACK STRONG IN NOVEMBER

EU NEW PASSENGER CAR MARKET COMES BACK STRONG IN NOVEMBER

Posted by Sue Robinson on 16/12/2016

Following the stabilisation seen last month, the EU new passenger car market rose by 5.8% in November with a total of over 1,1 million units registered, according to the official figures published by ...

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NFDA REGIONAL DEALER FORUM – ROUND UP

NFDA REGIONAL DEALER FORUM – ROUND UP

Posted by Sue Robinson on 16/12/2016

We have recently held our final round of regional NFDA dealer forum meetings for the year.   The forums discussed topical issues such as industry legislation and regulation, the new and used car ...

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NFDA COMMENTS ON INTEREST RATES HOLD

NFDA COMMENTS ON INTEREST RATES HOLD

Posted by Sue Robinson on 16/12/2016

It is positive to see that the Bank of England has decided to hold interest rates at their record low of 0.25% marking a quiet end after a turbulent year for the UK economy. The Bank of England (BoE) ...

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HMRC anti-money laundering supervision goes online

HMRC anti-money laundering supervision goes online

Posted by Sue Robinson on 16/12/2016

In 2017 HMRC is introducing an online, digital system for anti-money laundering supervision. When it launches, businesses will be able to register and renew online. The online system will: allow ...

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MILS Case Study: Outstanding finance   

MILS Case Study: Outstanding finance  

Posted by Sue Robinson on 16/12/2016

“I have sold a vehicle to a consumer. At the time of buying it I carried out a HPI check and it was clear. At the time of sale it was still clear. My customer has now been approached by a finance ...

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Vehicle safety recalls: November 2016

Vehicle safety recalls: November 2016

Posted by Sue Robinson on 16/12/2016

These are the vehicles, parts or accessories recalled by manufacturers for a safety reason during November 2016. DVSA reference number Make and model Issue R/2016/067 Ford: Kuga Risk of fire ...

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TRADE PRESS NEWS ROUND UP

TRADE PRESS NEWS ROUND UP

Posted by Sue Robinson on 16/12/2016

Cambria announces record turnover of £614.2m Motor dealer group Cambria Automobiles saw a record turnover during the past year with revenue up by 17.3% to £614.2m – the first time it has exceeded ...

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NEWSPAPER UPDATE

NEWSPAPER UPDATE

Posted by Sue Robinson on 16/12/2016

UK inflation rate hits two-year high UK inflation rose to 1.2% in November, up from 0.9% in October, as measured by the Consumer Prices Index. The November figure was the highest rate since October ...

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Updates and Events

Updates and Events

Posted by Sue Robinson on 16/12/2016

NFDA REGIONAL DEALER FORUMS The dates and venues for the next regional dealer forums are as follows: North Eastern Region – Tuesday 21 February – Holiday Inn, York Midland Region – Tuesday 7 ...

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