Economic factors such as rising prices, interest rates, and world trade regulations still have a significant part in molding the UK automotive industry. As producers aim to recover from the disturbances of the past few years, these economic conditions influence manufacturing costs, pricing approaches, and overall market conditions (Grant Thornto
As the car market develops, so too do the strategies for connecting with potential customers. In 2024, internet marketing remains a key component for automotive companies looking to capture market share and reach out to a technology-oriented customer base. Key to this is the use of focused pay-per-click advertisements and local ads (WordStream)�
The UK’s pre-owned vehicle market is expected to experience considerable expansion in 2024, propelled by an surge in vehicle availability and shifting customer preferences. After a tough 2023, where new vehicle shortages due to semiconductor shortages and post-pandemic disturbances influenced the sector, 2024 is anticipated to be a year of reboun
The United Kingdom's secondhand car market is anticipated to witness significant increase in 2024, driven by an rise in automobile supply and changing buyer needs. After a challenging 2023, where new car supply constraints due to chip shortages and post-COVID disruptions impacted the market, 2024 is expected to be a period of recovery and stabiliza
The United Kingdom auto sector is at a crucial moment as it navigates towards a era led by EVs (EVs). The Zero Emission Vehicle mandate, taking effect in 2024, demands 22% of all passenger cars sold to be emission-free vehicles, with ten percent for light commercial vehicles. This legislative initiative is anticipated to greatly increase the presen