Economic elements such as inflation, 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 Thornton UK L
Financial variables such as price increases, interest rates, and international trade policies continue to have a significant part in molding the British auto sector. As auto makers endeavor to regain stability from the disruptions of the past few years, these economic conditions influence production expenses, pricing strategies, and overall market
As the auto sector changes, so too do the strategies for engaging prospective buyers. In 2024, internet marketing remains a fundamental element for automotive companies looking to secure market share and connect with a digitally-aware audience. Key to this is the use of focused click-based campaigns and geographic targeting (Word Stream) (
The UK’s secondhand car market is expected to witness substantial expansion in 2024, propelled by an increase in car availability and shifting consumer demands. After a tough 2023, where new vehicle shortages due to microchip shortages and post-COVID disruptions affected the sector, 2024 is projected to be a year of recovery and stability (Gra
The United Kingdom auto sector is at a pivotal moment as it moves towards a era dominated by electric vehicles (EVs). The ZEV mandate, taking effect in 2024, demands 22% of all passenger cars sold to be ZEVs, with ten percent for LCVs. This legal push is expected to significantly increase the market share of BEVs (BEVs), in spite of present obstacl