Mistrust of valuation forecasts, more vehicle recalls and the challenge of closing an 'EV servicing gap' will define Britain's struggling automotive market in 2025. That's the view of data experts ADS, who identify three major areas where profit and efficiency are under mounting threat in the year ahead. All three are a direct result of forcing the … [Read more...]
Trade fears over collapsing EV valuations, says ADS
Collapsing EV values and waning confidence in forecast residuals will increasingly force leasing companies to extend contracts and encourage the re-leasing of used EVs in a bid to mitigate losses. All players in the market, from leasing companies and their customers to manufacturers, are feeling the impact as the crisis deepens. That's the prediction from … [Read more...]