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In a market where margins are tight and loyalty can be short-lived, UK car dealers are rethinking how they use data, not just as a performance metric, but as a strategic asset. Done right, data enables dealers to move past one-off sales and towards building long-term relationships that increase customer lifetime value (CLV).
BEV sales in Europe reached 240,891 units in March, the second-highest month on record. Tesla led March sales but dropped to second in Q1, as VW soared with a 157% increase. Despite this impressive growth, however, Tesla’s updated Model Y “Juniper” couldn’t quite reverse the brand’s ongoing sales decline.
sales to hit a record 410,000-420,000 units in 2024. market in 2024, on track to smash its all-time sales record with expectations to hit over 400,000 units. 2024: A Year of Record-Breaking Sales Speaking with Auto News , CEO Masahiro Moro forecasted U.S. market, likely to serve as a range extender in a hybrid setup.
Private EV sales slump has meant fewer people buying home wallboxes Major charging firms face uncertainty as ZEV mandate review brings potentially bleak p One of the UKs largest charger companies is facing a fight for its future, after the slowdown in EV take up wiped more than 10 million from its market value overnight.
Porsche’s sales in China dropped 29% during the first nine months of 2024. China was Porsche’s largest market for eight consecutive years before this decline. For eight consecutive years, China was Porsche’s biggest single market. Big changes are afoot for Porsche’s business in China.
Chinese brand BYD started 2025 as it had finished last year with the strongest performance of any brand, up 550% to 1,614 car sales. In second place was EV maker, Geely-owned Polestar which saw sales rise 216% to 756 units for the month. for the month to hit 1,62 sales while Genesis saw sales rise 46.8% to 6,636 units.
The February new car market turned in a subdued performance but looking at the performance of individual brands, there were clear winners and losers for the month. In an overall market that fell -1%, Chinese brand BYD continued to surge ahead with registrations up 334.3% decline to just 206 sales compared to 738 a year ago.
Automotive headhunter Ennis & Co Group has launched an Interim Talent service.The move is in response to a surge in demand by automotive groups for short-term placements at senior leadership level. Short term appointments help groups to move swiftly, avoiding lengthy recruitment processes and long notice periods.
Indeed, I started seeing third-generation examples everywhere mere months after it went on sale. The big, thin rubbered 20-inch alloy wheels and sportier-looking bumpers prove too enticing for many to resist, but the price you pay in terms of ride comfort may not be worth the gains in handling smarts.
3,626 sales of the ë-C3 couldn’t help Citroen, down -29.9% 5th straight month of year-on-year losses for the French new car market at a steep -11.1% year-on-year in September to 139,004, keeping in mind September 2023 benefited of a sales resurgence due to the newfound availability of semi conductors. of the market.
Sales of used cars have grown for the third straight month in Australia, finally creeping back above the 200,000 mark after a period of decline. per cent to just under 312,000, AADA CEO James Voortman hailed the result as a positive for the market. This months results show the resilience of the used car market. Browse now.
When a sales lead comes to a dealership, what happens? According to the latest study from sales intelligence software provider Foureyes, almost half the time its mishandled. of sales leads were mishandled a term Foureyes used to include missed calls, leads that didnt get logged, lapsed follow-up and other issues and 14.1%
In 2024, BMW also delivered 50,981 BEVs and 19,398 PHEVs across the market. BMW of North America has wrapped up 2024 with strong sales momentum, reporting a record 371,346 units sold in the US market, a 2.5% Rounding out the top three was the 4 Series /i4, which recorded 42,608 sales despite a 16% dip compared to 2023.
New car sales in March rose 12.4% business sales were flat (-(-0.3%). While EV market share improved significantly on March 2024, at 19.4% Sales of BEVs were also pulled forward by consumers buying in March ahead of the VED Expensive Car Supplement , which came into effect on 1 April. Fleet registrations rose 11.5%
The Scottish Motor Trade Association (SMTA) has said sales are down 9.9% Scotland’s new car market fell -2.0% “Fleet sales are down 19% for the month and, whilst this is more than likely a blip in what is traditionally a problematic month, we will keep an eye on this hoping the blip does not become a trend.”
Maserati sales halved last year, falling from 26,600 in 2023 to just 11,300. This decision couldn’t come at a worse time for Maserati, which has been struggling with dwindling sales and staggering financial losses. The company confirmed the decision will trigger the cancellation of certain projects. billion ($1.57 billion ($1.57
January saw a surge in sales of Chinese electric vehicles across Europe building market share. According to Jatro Dynamics, although the overall European car market posted a decline of 1.9% The market share of Chinese brands grew from 2.4% The market share of Chinese brands grew from 2.4% of the total HEV market.
Back in 2020 Ford announced that it was going to reduce its network of sales outlets in half over the next five years. Ford was a pioneer of Customer Marketing Areas in the late 1990s when it was the number one carmaker in terms of car sales. In2020 had 395 car dealers and wanted to reduce this to around 210-230 by 2024.
Chinese-owned brands outperformed Tesla in the European car market in February. BYD, Polestar and XPeng all gained ground in Europe while Tesla lost market share. Tesla’s Market Share Takes a Hit Tesla’s poor performance cut its market share to 9.6 What a difference a year makes. percent to 7.7 percent to 7.7
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In a world where most car buyers begin their journey with an online search, having a strong presence on search engines is essential for dealerships looking to increase sales in 2025. But what does it really take to stand out among the competition? This demonstrates how powerful the right keywords can be when aligned with consumer intent.
billion (1.2bn) in the Italian brand, which executives partly blamed on a slump in sales in China its second largest market, behind the US. Maseratis sales more than halved last year, falling to 11,300. The newscomes after Maserati owner Stellantis wrote off an investment of some 1.5
” A Tough Sale For some context, DS has spent the better part of 15 years struggling to make any meaningful impact in the premium market, let alone pose a threat to Germany’s establishment. The numbers tell the story: in 2022, DS sales fell by 22%, with just 37,480 cars sold across Europe.
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