Financial variables such as rising prices, borrowing costs, and global trade policies still play a major impact in shaping the UK car market. As manufacturers endeavor to regain stability from the disruptions of the past few years, these financial factors impact production costs, pricing tactics, and overall industry trends (Grant Thornton UK LL
As the auto sector changes, so too do the tactics for engaging prospective buyers. In 2024, internet marketing remains a key component for auto firms aiming to gain market presence and engage with a technology-oriented customer base. Key to this is the use of targeted PPC ad strategies and location-based advertising (WordStream) (Similar W
The United Kingdom's secondhand car market is anticipated to witness substantial expansion in 2024, driven by an increase in car inventory and changing customer preferences. After a challenging 2023, where new car supply constraints due to semiconductor shortages and post-pandemic interruptions influenced the market, 2024 is anticipated to be a yea
The United Kingdom auto industry is at a crucial juncture as it transitions towards a future centered around EVs (EVs). The ZEV mandate, taking effect in 2024, requires 22% of all passenger cars sold to be ZEVs, with ten percent for LCVs. This legal effort is projected to significantly increase the market share of BEVs (BEVs), in spite of present o
The auto market presented a couple of efforts that support sustainability. Continue reading for more information about this.Whether you're in the industry like RJ Scaringe or simply a car guy, you are probably aware that some recent automotive industry trends have had a substantial influence on the automobile market. For example, a greater concentr