Though the outlook is beginning to look more positive as production levels rise for the third month in a row and the industry shows signs of recovery, persistent issues will continue to cause turbulence in the coming months, said Lisa Watson, Director of Sales at Close Brothers Motor Finance. “The ongoing conflict in Ukraine means the well-documented semiconductor shortage is continuing to cause … [Read more...]
Pingdemic is punishing motor trade
Recruitment issues and the need for self-isolation are causing staffing issues across the remarketing sector, reports the Vehicle Remarketing Association. Chair Philip Nothard said that VRA members were experiencing issues finding staff to fill all kinds of long-term positions, and that the problem was being exacerbated by the ongoing short-term demands of self-isolation. “Obviously, we … [Read more...]