A warning has been issued on the importance of the “right” trade deals post-Brexit to the future – and continued – success of UK car manufacturing.
The automotive retail sector will face a tough future with several factors set to test its vulnerabilities.
The Government has released its opening gambit on Brexit comprising four principles and 12 objectives.
There is “no reason” why Amazon won’t start selling cars, believes Toyota GB’s marketing director.
The NFDA has said that Teresa May’s speech about the nature of Britain’s exit from the EU was “positive” – despite the PM’s assertion that trade will continue from outside the single market.
Accountancy group UHY Hacker Young claims that the post-Brexit rise in the cost of cars may have started, with lease prices up 8% in the space of just two months.
British consumer confidence is at its lowest level since immediately after the EU referendum.
The NFDA has announced it will meet with politicians in February about the implications of Brexit for motor retailers.
Positive growth in the European automotive industry during 2016 has been hailed as “a remarkable feat” by JATO Dynamics analysts.
For the last few years marketing has centred around what millennial consumers are looking for. To me, this reflects marketers’ general obsession with youth culture and their adoption of new technologies. It also means older audiences who enjoy the latest tech are often overlooked.
Dealers have been warned of significant changes in employment law in 2017.
Car manufacturers have discussed the possible effects of Brexit within the automotive sector at an SMMT roundtable event attended by the Secretary of State for Exiting the European Union and DFT and BEIS ministers.
Ford’s executives will watch carefully for signs that Brexit progress is damaging the UK’s new car market.
Glass’s has predicted that the falling value of the pound is likely to see monthly PCP new car payments rise in 2017 as manufacturers look to recoup their losses.
NFDA director Sue Robinson has insisted that the association will has “teeth” as it pursues dealers’ interests in an opening address to the annual Autumn Roadshow.
List prices on imported cars could go up by an average £1,500 post-Brexit.
A quarterly dealer satisfaction survey has uncovered evidence that 63% of dealerships are positive about business prospects for 2017.
Transaction prices could move closer to list prices as manufacturers resist pressure to raise published prices substantially.
The SMMT has praised the government’s drive towards improved transport infrastructure and innovation in the EV sector following yesterday’s Autumn Statement as others eyed opportunity amid the uncertainty.
Vauxhall chairman and managing director Rory Harvey has hailed his dealer network as “superb” as he reflected on efforts to restore customers’ faith after recent car fire recalls.