Economic elements such as inflation, loan rates, and international trade policies continue to play a crucial role in molding the UK automotive industry. As producers aim to recover from the disturbances of the past few years, these economic variables affect production expenses, pricing strategies, and overall market conditions​ (Grant Thornton)â€
As the car market evolves, so too do the approaches for reaching possible clients. In 2024, online marketing is still 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 focused click-based campaigns and location-based advertising​ (Word Stream)​​ (Simila
The UK’s pre-owned vehicle market is expected to experience substantial expansion in 2024, propelled by an increase in vehicle availability and shifting customer preferences. After a tough 2023, where new vehicle shortages due to microchip shortages and post-pandemic disruptions affected the sector, 2024 is projected to be a year of recovery and
The UK auto sector is at a crucial moment as it moves towards a future centered around electric cars (EVs). The ZEV mandate, taking effect in 2024, mandates 22% of all passenger cars sold to be zero-emission vehicles, with 10% for light commercial vehicles. This legal initiative is anticipated to greatly boost the market share of battery electric v
The car market presented a couple of efforts that support sustainability. Continue reading to get more information about this.Whether you are in the industry like RJ Scaringe or simply a car guy, you are most likely mindful that some current automotive industry trends have actually had a big effect on the car market. For instance, a greater focus o