摘要: |
Well done everyone! UK motor retail got more than A QUARTER OF A MILLION new cars registered for the roads in March without showrooms being open. I think that's worth a big shout out, don't you? Now that showrooms have finally reopened, may the success continue. With complicated restrictions looking likely for overseas holidays this summer, hopefully some consumers would rather treat themselves by replacing their car instead. Those opting for a staycation will need dependable transport for entertaining trips out. This could even be an opportunity to quell the range anxieties of prospective electric vehicle buyers through well-targeted 48-hour loans. Once they realise they can get to Alton Towers and back on one charge their angst will surely disappear. Competition for good quality used cars will be fierce, particularly among retailers of nearly new given the 600,000 unit shortfall in 2020's new car market. Yet my conversations with a few CEOs have revealed increased interest in sales of more four-year-plus cars. As consumer confidence builds, those left with smaller budgets from coronavirus's disruption might pick an older car than usual or downsize to reduce their monthly outgoings. |