THE IMPACT OF ECONOMIC FACTORS ON THE CAR INDUSTRY

The Impact of Economic Factors on the Car Industry

Economic elements such as inflation, loan rates, and international trade policies persistently play a major impact in shaping the UK car market. As manufacturers endeavor to regain stability from the disruptions of the past few years, these financial factors impact production costs, pricing tactics, and overall industry trends​ (Grant Thornton UK

read more

The Used Car Market's Comeback in 2024

The United Kingdom's pre-owned vehicle market is projected to see substantial expansion in 2024, propelled by an surge in automobile supply and changing customer preferences. After a tough 2023, where new automobile supply constraints due to semiconductor shortages and post-pandemic disturbances affected the sector, 2024 is expected to be a period

read more


Some automobile industry examples discovered below

There are some simple car maintenance practices you can adopt, even with limited mechanics knowledge. More about this below.Whether you're in the market like RJ Scaringe or merely a car enthusiast, you are most likely conscious that some current automotive industry trends have had a big impact on the auto market. For instance, a higher concentratio

read more