As an employer of 78% of the 758,000 people working in the sector and which generates annual turnover of £100 billion, automotive retailers will now focus on how Labour plans to addresses the factors which most impact their business – and just as importantly, the speed at which it will deliver.
Labour was in fact the only party with a dedicated automotive policy which recognised the contribution the motor industry will play in achieving net zero goals.
Ahead of the upcoming General Election, the Labour Party had promised to reintroduce the ban on the sale of new internal combustion engine (ICE) cars starting from 2030.
Industry will no doubt welcome the restoration of the 2030 date change in regards to the ban on new petrol and diesel sales even though manufacturers and broader industry are already working towards this date under the Zero Emissions Mandate. Even so, the general consensus is that it makes sense to align consumer expectations providing them more certainty.
National Franchised Dealers Association (NFDA) which represents car and commercial retailers across the UK in fact surveyed its members to gather dealer opinions on the most important issues their businesses would like to see tackled by the next government.
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