NFDA launches Brexit helpdesk
27 August 2019
The NFDA has launched a Brexit helpdesk and advice website to provide retailers with no-deal planning help.
“Franchised vehicle retailers must now take very seriously the idea that a ‘no deal’ Brexit is fast approaching and take steps to mitigate against the potential threats associated with this outcome,” said an NFDA spokesman.
“If the UK leaves without a deal, the UK will immediately shift to trading under the World Trade Organisation framework. Trading on these terms is likely to involve tariffs on imports and exports, an increased regulatory burden for businesses and delays to the delivery of vehicle stock and parts.”
The NFDA has commissioned automotive research body ICDP to compile a key list of questions for franchised dealers to ask of their manufacturer partners, suppliers and themselves. The information from this checklist can now be found on the ‘industry issues’ section of the NFDA’s website.