Economic factors such as price increases, interest rates, and world trade regulations continue to have a crucial part in molding the UK automotive industry. As producers strive to rebound from the interruptions of the past few years, these economic variables affect production expenses, pricing strategies, and overall market conditions (Grant Tho
As the car market evolves, so too do the approaches for reaching possible clients. In 2024, online marketing is still a cornerstone for car manufacturers seeking to capture market presence and reach out to a tech-savvy consumer base. Central to this is the use of targeted pay-per-click advertisements and local ads (WordStream) (Similarweb)
The British used car market is projected to see considerable growth in 2024, fueled by an surge in vehicle availability and shifting consumer demands. After a tough 2023, where new vehicle shortages due to microchip shortages and post-pandemic disturbances affected the sector, 2024 is anticipated to be a year of rebound and stability (Grant Thor
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 disturbances influenced the sector, 2024 is anticipated to be a year of rebound
The UK automotive industry is at a crucial juncture as it transitions towards a future centered around electric cars (EVs). The ZEV mandate, coming into effect in 2024, requires 22% of all passenger cars sold to be emission-free vehicles, with ten percent for LCVs. This legislative push is expected to greatly boost the presence of BEVs (BEVs), in s