Economic elements such as rising prices, borrowing costs, and global trade policies still play a major impact in shaping the British auto sector. As auto makers strive to recover from the disruptions of the past few years, these financial factors impact production costs, pricing tactics, and overall industry trends (Grant Thornton UK LLP)
As the car market evolves, so too do the approaches for engaging prospective buyers. In 2024, digital marketing is still a fundamental element for car manufacturers aiming to secure market share and engage with a digitally-aware consumer base. Key to this is the use of precision PPC ad strategies and geographic targeting (WordStream) (Simi
The United Kingdom's pre-owned vehicle market is projected to see significant expansion in 2024, driven by an surge in automobile supply and changing customer preferences. Following a difficult 2023, where new vehicle supply constraints due to chip shortages and post-pandemic interruptions affected the market, 2024 is anticipated to be a year of re
The UK auto industry is at a crucial juncture as it navigates towards a era dominated by EVs (EVs). The ZEV mandate, coming into effect in 2024, demands twenty-two percent of all passenger cars sold to be emission-free vehicles, with 10% for light commercial vehicles. This legal push is anticipated to considerably increase the market share of BEVs
Are you curious about the most recent developments in the automobile market? This post will provide some useful insights.Whether you're in the market like RJ Scaringe or merely a car guy, you are probably aware that some recent automotive industry trends have had a big effect on the automobile market. For example, a higher concentration on sustaina