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Online Financing Becoming Increasingly Popular with Car Buyers in the UK
- March 21, 2019
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
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According to an annual survey conducted by Fico, car buyers are shifting towards online financing, revealing a key opportunity for dealers. The research by the digital analytics expert Fico surveyed 2,000 adult consumers across Britain, the US, Canada, Mexico, Chile, Australia, New Zealand, Germany and Spain. These respondents were between the ages of 18 and
71% of Consumers Considering an EV for their Next Car!
- March 13, 2019
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
The level of disruption in the automotive industry is currently off the charts, with new vehicle technologies and retailing systems drawing closer to the mainstream market. Auto Trader’s latest Market Report investigates consumer attitudes to these and helps to put into perspective the speed at which the industry is changing. This month’s report focuses on
Could Apprentice Schemes End Staff Shortages?
- March 8, 2019
- Posted by: Alex Baker
- Category: Automotive Industry
The Government have set a target of seeing at least three million apprentices added to the UK workforce by 2020. Offering young people apprenticeships gives businesses the chance to play an active role in moulding their future workforce and creating the future skills that they need to help their businesses grow. Leading the way Lookers have set
How to Embrace Disruption in Automotive Retail
- March 4, 2019
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
Dealers are currently running businesses in an environment which is constantly being disrupted, and this is not set to change any time soon. Key developments will mean that change in automotive retail is only going to accelerate. Developments in the market, including a transition towards autonomous and electric vehicles and a shared mobility model will
What Challenges do Vehicle Dealers Face in 2019 and How are They Planning to Minimise Their Impact?
- February 25, 2019
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
2018 was an interesting year for vehicle dealers, bringing a surge in demand for used cars and reduced interest in new motors, but what does the year ahead have in store? A recent report by CarGurus investigates the biggest issues identified by dealers and what action they are planning to take in response. What will
Be Ready to Seize Bodyshop Opportunities in March!
- February 21, 2019
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
Data reveals that almost one in five road accidents occur in the evening rush hour in March, making this a busy time of year for bodyshops. We have seen plenty of snow and ice in the UK over the last couple of months causing problems for drivers, and more is expected in March. The month
Why ICO Registration is Important for Dealers
- January 31, 2019
- Posted by: Jen Phillips
- Category: Automotive Industry, News
Since the GDPR (General Data Protection Regulation) came into force in May 2018 the data protection landscape has shifted. There is now much more responsibility placed on organisations to protect data they hold and use it responsibly. There is also more awareness of this throughout the general public, so you may well have noticed an
If Electrification is the Future, What About the Present?
- January 10, 2019
- Posted by: Alex Baker
- Category: Automotive Industry
You may notice them as you drive along, or you may pick them out in their charging spaces at the supermarket, but EVs are by no means mainstream. In 2016 EVs made up 0.4% of new car registrations, by 2017 that number had risen to 0.5% and for 2018 it ended at 0.6%. This is
What Will Happen to the Values of Used Cars in 2019?
- December 28, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
Year after year, car buyers have been willing to pay more for second-hand cars as their prices have inevitably risen. Values have increased by 42% in the last seven years compared to those of new cars, whose values increased by a mere 19% during the same period. Will used car values continue to rise into Q1, 2019 or have their
Will Facebook Marketplace Be the Next Automotive E-commerce Champion?
- December 17, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
E-commerce is not a new concept, but Facebook Marketplace still manages to offer vehicle traders a unique opportunity, by providing a localised, connected consumer base centred around social networking. Facebook Marketplace was launched in 2016 and has since been made available for used vehicle dealers to list their stock on. What is Facebook Marketplace? “Marketplace
