Financial variables such as rising prices, borrowing costs, and global trade policies persistently play a major impact in shaping the UK car market. As manufacturers endeavor to regain stability from the disruptions of the past few years, these financial factors impact production costs, pricing tactics, and overall industry trends (Grant Thornto
As the auto sector changes, so too do the tactics for engaging prospective buyers. In 2024, digital marketing continues to be a fundamental element for automotive companies looking to secure market share and connect with a digitally-aware audience. Crucial to this is the use of precision click-based campaigns and geographic targeting (Word Strea
The British secondhand car market is expected to see significant expansion in 2024, propelled by an surge in automobile supply and changing customer preferences. Following a difficult 2023, where new automobile supply constraints due to microchip shortages and post-COVID disruptions impacted the market, 2024 is anticipated to be a year of recovery
The UK automotive sector is at a critical juncture as it navigates towards a future led by electric cars (EVs). The Zero Emission Vehicle mandate, coming into effect in 2024, mandates twenty-two percent of all sedans sold to be emission-free vehicles, with 10% for LCVs. This legislative push is anticipated to greatly boost the presence of battery-o
The UK automotive industry is at a pivotal juncture as it transitions towards a era led by electric cars (EVs). The ZEV mandate, starting in 2024, mandates 22% of all passenger cars sold to be zero-emission vehicles, with 10% for LCVs. This legal initiative is anticipated to greatly increase the market share of battery electric vehicles (BEVs), in