Mark Squires has been named the chairman of the National Franchised Dealers Association, effective immediately.

He has replaced Peter Jones, whose tenure as chairman has ended following a two-year term.

Squires worked at Benfield Motor group for 23 years, including as chief executive officer for 15 years. In 2015, Benfield was bought by Lookers for £87.5m.

He has also spent ten years on the executive committee of the NFDA, chairing the aftersales working group which developed an aftersales standard for NFDA members as well as looking at how to promote to consumers the value of using a qualified, brand specific franchised dealer for all their servicing and repair needs.

Peter Jones, outgoing chairman, said: “I have greatly enjoyed my time as Chairman of the NFDA and have seen the association go from strength to strength. I am pleased to be handing the reigns over to Mark who is a man of great intelligence and integrity with a lot of sector experience.  Interestingly, having sold Benfield, he is now independent of any manufacturer, which is a particularly interesting perspective for the Chairman’s role. I wish Mark every success.”

Talking about his new role, Squires highlighted Brexit as something the industry will need to adjust to. He said: “I am honoured and delighted to take on the role of NFDA Chairman. Brexit will make this a particularly interesting tenure as Chairman as our great industry adjusts to the changes ahead. I look forward to supporting Director Sue Robinson, her team and our members over the next few years and would like to thanks Peter Jones for his years of service.”