Car buyers’ perceptions of the buying process continue to be impacted by rising interest rates, sustained inflation and volatile gas prices. Retailers appear to be underestimating the effect of the...
Read moreFigures from the FLA show that consumer car finance new business volumes fell in March 2023 by 8% compared with the same month in 2022. The corresponding value of new business fell by 7% over the same...
Read moreThe trajectory towards an online used car purchase, which was so crucial during lockdown, has waned since the UK re-opened. This was a key finding from the latest wave of our long-term ‘Attitude to...
Read moreThe latest figures from the FLA show that the consumer car finance market reported a fall in new business volumes of 21% in September 2021 compared with the same month in 2020. In the nine months to...
Read moreThere is a pent-up demand for financial products and services that have a positive and demonstrable social and environmental impact. Failing to meet expectations will compromise customer retention,...
Read moreThe automotive sector didn’t have the best start to 2021. New UK car registrations fell by 35.5% year on year, while many OEMS – despite experiencing a relatively strong end to 2020 with profits...
Read moreGermany is currently in ‘light lockdown’, and dealers were allowed to re-open on 20 April. With few differences with the UK in terms of how consumers interact, what can we learn from Germany to...
Read moreSatisfaction levels have increased among consumers using franchised dealerships when it coms to aftersales services, with 83% reporting that they were either very satisfied or quite satisfied compared...
Read moreBrexit uncertainty and the prospect of increasing car prices could cost the new car market an estimated £6.5 billion as some 377,000 motorists strongly agree that Brexit is making them think...
Read moreWith estimates that car retailers in Europe now generate around three quarters of their profits from aftersales, it has become more critical that OEMs and their franchised networks listen to their...
Read moreAt a time when consumers might be thinking twice about buying a new diesel car, the mainstream medias focus on emissions, air quality and the price of fuel at the pump conveniently omits one very...
Read moreConcerns have been voiced that consumers safety could be at risk because they don’t fully understand the raft of safety-related technology being fitted to modern cars. Research conducted by...
Read moreMarshall Motor Holdings has hardly had a smooth time on the stock market since its IPO almost two years ago. With a share price that initially leapt to almost 200p a share for the first few months,...
Read moreYoud have to be living under a rock not to have heard about the governments forthcoming VED changes. Concern over the impact on new car sales has been building in the trade press, not to mention...
Read moreThe retail landscape has been shifting in recent years and the pace of change will continue to accelerate in 2017 and beyond. So how dealerships can prepare themselves to prosper in the face of new...
Read moreThe European Automobile Manufacturers Association (ACEA) and the European Association of Automotive Suppliers (CLEPA) have announced they are joining forces on the subject of access to vehicle data....
Read moreThe majority of consumers who have interacted with franchised automotive retailers within the last two years consider them to be professional, knowledgeable, reputable and reliable, and to offer good...
Read moreThe initial wave of five final notices issued by the FCA to motor retailers this month could be the first of many, warned James Tew, CEO at iVendi. He pointed to the reason given by the FCA failing...
Read morePCP is seen as being a good proposition to close a deal, and a good mechanism for retaining customers. But how do you maximise the opportunities and how do you address the challenges. Peader Bruton,...
Read moreThere is no doubt that were in a generational change in terms of consumer buying habits. The internet and, in particular, mobile access to the internet has revolutionised how people research and...
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