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This week, the new car and commercial vehicle sales figures were released for October. Month on month car sales were up 10.2% compared to October last year and private registrations increased 15.7% over the year-to-date. In the commercial vehicle market it was positive to see a healthy overall 27.3% increase in the sector.
We would like to take this opportunity to remind members of the need to take action with your applications for interim permission with the FCA. As you are probably aware there is a discount for applying by the end of this month! We know there are some concerns around the consumer credit license categories that dealers require, and we will be putting out more guidance as soon as we have more information.
Finally, following the successful launch of NFDA Trusted Dealers Driving Digital events in July, we have organised another roadshow to take place NEXT WEEK! 12 November at The Hilton, Warwick. We hope to see you there!
Sue Robinson, Director NFDA
Tel: 0207 580 9122