Though well-documented supply challenges continue to affect car production, pressure appears to be easing as manufacturers push to return to pre-pandemic levels, accoridng to Lisa Watson, director of sales at Close Brothers Motor Finance.
Speaking after the latest UK car production figures were released for November, she went on, “Challenges such as the global chip shortage remain but are becoming a less insurmountable hurdle, with slightly more positive signs emerging across the industry as November shows another month of growth.
“As the backlog of new car orders begins to clear, this should also provide the used market with more quality second-hand stock. However, the pressure remains on dealers to ensure they are utilising all available insights and tools to meet current demand and maximise sales opportunities.”
