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nfda

NFDA launches used car standards scheme

The NFDA has launched a set of standards to promote high standards of used car service from franchised dealers.

Over 3,000 NFDA member dealerships have signed up to the standards, which govern member service levels across core areas, including mileage checking, warranties and service levels.

The standards are the result of a consultation between the NFDA and its members. They were spearheaded by the NFDA’s used car working group and were created by dealers.

According to research of 1,000 car owners commissioned by the NFDA, more than 75% said they would be more likely to choose a dealer that has signed up to an industry set of standards.

Sue Robinson, director of the NFDA, said: “The launch of the Used Car Standards represents an important step for both consumers and the retail motor industry.

“Not only do the twelve standards safeguard consumers by setting out requirements for high quality customer service, stringent vehicle checks and a detailed vehicle handover, but they also highlight the benefits of purchasing from a franchised dealer.

“We’ve had an overwhelmingly positive response from our members who are true advocates of the standards and their role in making used car buying a safer and more enjoyable experience.”

Source: motortrader.com

Boost for zero-emission engine

The world’s first near-zero emissions engine is a step closer with the announcement of a £7.7m Government grant towards a new centre of engineering excellence at the University of Brighton`

The money will be injected into the university’s £150m redevelopment scheme for its Moulsecoomb campus in Brighton which includes Preston Barracks, a partnership scheme between the university and Brighton & Hove City Council.

The Central Research Laboratory (CRL), as it will be known, will be a 55,000 sq ft business incubation centre, a cutting-edge facility to support hi-tech and design-led manufacturing and to commercialise university research.

The new monies will boost research opportunities including the search for the near-zero emissions internal combustion engine (ICE), according to Professor Morgan Heikal, Professor of Thermofluids in the School of Computing, Engineering and Mathematics

Source: bodyshopmag.com

DfTNew Type Approval process launched

A new, streamlined Type Approval process has been developed by the Department for Transport (DfT) and The Society of Motor Manufacturers and Traders (SMMT).

The new Type Approval process could save more than £10 million a year across the UK bodybuilding and conversion industry.

The industry body has spent the past six months working with the DfT and Vehicle Certification Agency (VCA) on an alternative National Small Series process that would make a dramatic, 15-fold, reduction in the complexity of approving vehicles for use.

‘The new Type Approval process, designed by SMMT’s technical experts, could save the vehicle conversion and bodybuilding industry more than £10 million a year,’ said Mike Hawes, SMMT chief executive. ‘By streamlining the hugely complicated and fragmented approval process, bureaucracy can be cut significantly, easing the pressure on over-stretched IVA centres.’

Source: bodyshopmag.com

InflationInflation in sharp rise to 1.9% in June

The rate of UK inflation rose sharply in June, pushed up by higher clothing, footwear, food and non-alcoholic drinks prices, official figures show.

The Consumer Prices Index rose to 1.9%, up from 1.5% in May, according to the Office for National Statistics.

Women’s clothing prices contributed heavily to the rise.

Air fares and furniture prices also pushed the inflation rate up, the ONS said.

The rate is now close to the Bank of England’s 2% target. It has remained below the target for seven consecutive months.

The pound jumped against the dollar following the inflation figures, climbing as high as $1.7144, around three quarters of a cent higher on the day.

Inflation as measured by the Retail Prices Index (RPI), which includes housing costs, rose to 2.6%, up from 2.4% in May.

Source: bbc.co.uk

Posted by Sue Robinson on 20/07/2014