Economic elements such as inflation, loan rates, and world trade regulations still have a significant part in molding the British auto sector. As auto makers strive to rebound from the interruptions of the past few years, these economic variables affect production expenses, pricing strategies, and overall market conditions (Grant Thornton)
As the auto sector changes, so too do the tactics for engaging prospective buyers. In 2024, internet marketing remains a key component for automotive companies looking to secure market share and connect with a digitally-aware customer base. Key to this is the use of focused click-based campaigns and geographic targeting (Word Stream) (Simi
The United Kingdom's used car market is anticipated to experience significant expansion in 2024, fueled by an rise in car availability and evolving customer preferences. Following a difficult 2023, where new car supply issues due to semiconductor shortages and post-pandemic disruptions impacted the market, 2024 is anticipated to be a period of revi
The United Kingdom's secondhand car market is anticipated to witness substantial expansion in 2024, propelled by an increase in car inventory and changing customer preferences. After a tough 2023, where new vehicle shortages due to semiconductor shortages and post-pandemic interruptions influenced the market, 2024 is expected to be a period of revi
The United Kingdom automotive sector is at a crucial juncture as it navigates towards a era dominated by EVs (EVs). The ZEV mandate, coming into effect in 2024, mandates twenty-two percent of all passenger cars sold to be ZEVs, with ten percent for light commercial vehicles. This regulatory initiative is projected to significantly boost the presenc