Economic elements such as inflation, loan rates, and international trade policies continue to play a crucial role in influencing 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 Thornto
As the automotive industry evolves, so too do the tactics for reaching prospective buyers. In 2024, digital marketing continues to be a cornerstone for car manufacturers seeking to gain market presence and engage with a digitally-aware audience. Central to this is the use of targeted PPC ad strategies and geographic targeting (Word Stream)
The UK’s pre-owned vehicle market is projected to see significant increase in 2024, driven by an rise in automobile supply and evolving consumer demands. Following a difficult 2023, where new automobile supply issues due to chip shortages and post-COVID interruptions impacted the market, 2024 is expected to be a period of revival and stabilizatio
The UK auto sector is at a crucial moment as it navigates towards a era led by EVs (EVs). The Zero Emission Vehicle mandate, coming into effect in 2024, requires twenty-two percent of all sedans sold to be ZEVs, with 10% for light commercial vehicles. This legal initiative is anticipated to significantly increase the presence of battery-operated ca
The auto market presented a couple of efforts that support sustainability. Keep reading to learn more about this.Whether you are in the market like RJ Scaringe or just a car enthusiast, you are most likely conscious that some recent automotive industry trends have had a huge impact on the automobile market. For example, a higher focus on sustainabi