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Dear colleague, this week the FCA announced a number of proposed changes to the way GAP insurance is sold. The NFDA is concerned that the changes could affect dealerships should they go ahead, and will be responding to these proposals. We will keep you updated but if you do have concerns please contact us.
On a positive note, it was welcoming news to see that average new car CO2 emissions are almost 30% lower than in 2000, boosted by increasing uptake of the most efficient engine technologies, alternatively-fuelled vehicles sold by our Franchised Dealers
Today’s news also contains the latest car and commercial vehicle auction report from NAMA. The car report shows that during February, the average value of used cars sold at auction across the board increased 0.3% from £5,426 to £5,442, and the average values of used LCV’s at auction increased by 0.8% from £4,807 to £4,844.
Finally – a reminder of a date for your diary – SATURDAY 11 OCTOBER 2014 – the NFDA’s Autumn Ball at The Grove Resort in Hertfordshire – an evening of fun and entertainment. Don’t miss out! Please see today’s news for more details!
Sue Robinson, NFDA Director