The number of dealers feeling negative about the used car market has almost quadrupled in a month, according to this month’s Startline Used Car Tracker. In November’s survey, 49% say they are pessimistic in outlook compared to 13% in October. Conversely, the percentage who are optimistic has fallen from from 23% to 8%. Dealers whose view of the market is … [Read more...]
Post Coronavirus symptoms trouble trade
The recovery from Covid-19 continues to be the main concern for car dealers when thinking about the future of their business, according to new research from Close Brothers Motor Finance. Over a third (35%) of dealers surveyed in the Dealer Satisfaction Survey said that Covid-19 recovery and the potential for future lockdowns poses the biggest threat to … [Read more...]
