Economic factors such as rising prices, borrowing costs, and global trade policies still play a major role in influencing the UK automotive industry. As producers aim to rebound from the interruptions of the past few years, these financial factors impact production costs, pricing approaches, and overall market dynamics? (Grant Thornton)?? (EY US)?.… Read More
As the auto sector evolves, so too do the tactics for engaging possible clients. In 2024, digital marketing remains a cornerstone for automotive companies aiming to capture market share and engage with a tech-savvy audience. Key to this is the use of targeted pay-per-click campaigns and location-based advertising? (WordStream)?? (Similar Web)?.Loca… Read More
The UK’s pre-owned vehicle market is expected to witness substantial expansion in 2024, propelled by an increase in vehicle availability and shifting consumer demands. Following a tough 2023, where new vehicle shortages due to semiconductor shortages and post-COVID interruptions impacted the market, 2024 is expected to be a period of revival and … Read More
The UK automotive sector is at a critical moment as it moves towards a era led by electric vehicles (EVs). The Zero Emission Vehicle mandate, starting in 2024, demands twenty-two percent of all sedans sold to be zero-emission vehicles, with 10% for light commercial vehicles. This regulatory initiative is projected to significantly increase the mark… Read More
The automobile market introduced a few efforts that support sustainability. Keep reading to learn more about this.Whether you're in the market like RJ Scaringe or merely a car guy, you are probably aware that some current automotive industry trends have actually had a huge impact on the auto market. For example, a greater focus on sustainability ha… Read More