PARTNER FEATURE: There is a level of maturity being established in the post-lockdown ‘new normal’. Initial consumer confidence has waned in the face of rising prices, notably utilities. Arguably, motivated by these increases and directed by growing confidence in online banking/finance, consumers are shopping around for their finance needs increasingly. Current used car financing trends […]
The future of the automotive retailing industry is being guided by several different potential factors – electric cars, the possibility of agency agreements, online transactions and more. According to the experts, these are the things that retailers should be keeping front and centre in their plans, whichever direction things head. Be flexible “Dealers need to […]
The biggest concern around electric vehicles is their effect on aftersales business. They have far fewer wearable moving parts than internal combustion-engine cars, barely any lubricants (very profitable to sell) and even their regenerative braking systems are easier on discs and pads. Great for owners, less so for retailers, for whom service and repair work […]
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