After years of promise, the market for electric vehicle seems finally to have arrived. Global sales of plug-in cars topped three million in 2020, accounting for 10% of registrations. Sales are...
Read moreThe fourth industrial revolution is firmly underway. Big data, blockchain, artificial intelligence, machine learning and analytics are all becoming day-to-day words, used across many fields of...
Read moreThere is gathering momentum behind electric and hybrid vehicle appetite with more than 50% of global consumers now willing to consider electric/hybrid vehicles at their next purchase. The UK fares...
Read moreThe industry is undergoing rapid change. Innovation, shifting consumer demands and ‘mobility as a service’ as a real alternative to car ownership are all putting pressure on automotive retailers....
Read moreDesire for car ownership remains strong, especially amongst the young, and drivers are considering a dramatic switch to electric and hybrid vehicles (EVs). These are some of the key findings an...
Read moreIn the UK, subscription-based ownership models have already crossed 10% of monthly household incomes. We are now subscribing for literally everything, from mobile phone packages to shaving blades. Not...
Read moreThe Care by Volvo subscription ownership and service initiative will become a national fixture across the Swedish brand’s UK dealer network by September after a successful pilot scheme, majoring on...
Read moreChanging consumer habits with the growing popularity of online shopping and increasingly easy delivery options have led to slack growth, if not declines in revenue, for many traditional retailers on...
Read moreThe overall value of the personal leasing market grew by 12.7% to £1.686bn through 2017, with PCH now accounting for 9.2% of all point of sale finance provided to consumers for new car purchases. At...
Read moreBy 2025, retailers will be focused more on higher numbers of vehicles sold than on higher profit margins. And although the dealership will remain the dominant sales outlet, purely online transactions...
Read moreThe PCP landscape has evolved quickly in the UK, so what changes might we expect in the future on the key stakeholders suppliers, introducers and end users? These were key questions addressed in...
Read moreThe perfect storm of low interest rates, attractive finance packages, favourable exchange rates, PCP deals and manufacturer offers surely cant last for ever, and retailers need to have a business...
Read moreAcross the world of journals, conferences and internet portals, there is an increasing level of chatter predicting the future of retail in automotive. From the gloomiest, apocalyptic scenarios to...
Read moreOne in four Britons would give up owning a vehicle outright in favour of signing up for a driverless car subscription. This the key finding of a new survey carried out by used car specialist HPL...
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