Monday, July 10, 2006

RMI surprise at OFT U-turn

The RMI has expressed its surprise at the OFT U-turn on its revised interpretation of the Supply of New Car Order.

Earlier last month, the government’s consumer watchdog ruled that dealers which pre-register cars do not have to keep them or their registration certificates for three months to qualify for manufacturer bonuses.

However, the OFT has now stated it to be incorrect. Commenting on the OFT’s change of heart, NFDA director Sue Robinson described the whole situation as a mess. “The confusion over the last few weeks only serves to support the view that this particular piece of legislation needs to be revisited,” she said.

DATED: 10.07.06

FEED: MT





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