Retail Motor Industry Federation
| Abbreviation | RMI |
|---|---|
| Formation | December 31, 1913 |
| Type | Trade association |
| Legal status | Private Limited company without share capital (number 133095) |
| Purpose | Automobile sales in the UK |
| Location |
|
|
Region served
|
England, Wales, Northern Ireland |
|
Membership
|
British automobile showrooms |
|
Main organ
|
RMI Board |
| Affiliations | SMMT |
| Website | RMIF |
The Retail Motor Industry Federation (RMI) represents the interests of motor industry operators in England, Wales, Northern Ireland and the Isle of Man, providing sales and services to motorists and businesses. It does not represent businesses in Scotland, which are represented by the independent Scottish Motor Trade Association.
It began from 1914. Motor vehicle retailers broke away from the Society of Motor Manufacturers and Traders (SMMT) to form the Motor Agents Association. It became the Retail Motor Industry Federation in 1990.
The aims and objectives of the RMI are
It is based near Great Portland Street tube station, near the junction of the A4201 and A501 (London Inner Ring Road).
Members of the RMI generate an annual turnover of £70 billion and employ 600,000 people directly.
Motoring contributes £30 billion annually to the economy in taxes. 75% of all UK households have access to a car, with 30% owning two or more. The 33 million vehicles licensed for use in the UK travel a distance of more than 12.5 million times around the world each year.
The RMI National Franchised Dealers Association (NFDA) represents the welfare and interests of franchised dealers within the passenger car and commercial vehicle sectors.
Within the membership structure, there are national and regional committees, representing small to medium dealers, truck dealers, and the largest groups in the industry.
Held quarterly, these meetings give franchised dealers the chance to exchange views and discuss common issues, and enable the NFDA to reflect local, as well as national, issues when lobbying Government departments and representing themselves through the media.
The NFDA is pursuing campaigns to re-establish new car profitability, gain lower list prices, protect members’ investment and enhance dealer viability.
In May 2013, the NFDA took a majority ownership stake in Trusteddealers.co.uk to give the organisation a consumer-facing presence
The RMI Motorcycle Retailers Association (MRA) is the only organisation that represents exclusively the welfare and interests of retailers of motorcycles, related accessories and services.
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