Home2023-12-15T09:43:48+00:00

Halal car finance platform, Ayan Capital, launches in the UK

March 25th, 2024|

With the number of PHVs and PCOs projected to rise, Ayan Capital empowers new and existing business drivers to purchase a new vehicle with its Islamic finance offering. Its tech-enabled solution is fast, accessible and easy-to-use, allowing the drivers, who are approved, to obtain a car for up to £50,000 within days from any dealership in the UK.

Automotive “reverting to type” in a bid to face down EV challenges

March 25th, 2024|

Speaking about recent attitudes to EV adoption from the perspective of manufacturers and customers, the digital garage’s Founder and Chief Executive was a significant contributor to Cox Automotive’s latest Insight Report. He thinks the ICE vehicle ban deadline change along with other factors, including the ZEV mandate, had caused a pronounced shift in the sector.

Westdrive reopens Braintree Kia showroom

March 18th, 2024|

In addition to the new-look showroom, the Kia ‘Showcase’ interactive system offers customers an opportunity to take an in-depth virtual tour of any Kia model. ‘Showcase’ allows customers to experience a car’s different grades and colours via a 360-degree configurator. Customers can view a car from every angle, open the doors to explore the interior and even add key accessories.

Dacia Spring pricing could place downward pressure on fleet EV pricing

March 13th, 2024|

This does feel like a potential watershed moment for EV pricing. While the Spring is too small and too limited for many fleet applications, it does show that a modern EV with a 137-mile range can be brought to market at a very attractive price. The key here is that it immediately makes every other EV look like poor value

Record number of retailers used video as customer watch rates soar

March 12th, 2024|

The impact of using video in aftersales continues to grow too. Insight from RTC, part of CitNOW Group, reveals that 68% of amber aftersales work was authorised in less than 30 minutes of customers receiving a video in 2023. Its data also shows that using video to present a vehicle health check results in 10% more red work being converted on average, while tyre sales conversion rates increase by 32% and brakes and suspension work increases by 18%.

Used car dealers expect prices and values to continue falling

March 12th, 2024|

Over the past year, used car prices and values have fallen by about a fifth caused by factors such as gradually increasing stock supply and reduced consumer demand. The general view on this has been that prices and values were inflated to a very high peak and that some form of readjustment was always going to come.

Independent dealer group secures customer data with new technology

March 12th, 2024|

Retailers can ensure compliance standards in their sales and service operations by using iStoreDOCS to replace old paper-based operations. iStoreDOCS, created by MAD DEVS, facilitates omnichannel retail and offers cutting-edge technologies that give customers and dealership employees an effective sales experience.

Survey reveals surge in EV interest

March 11th, 2024|

Technological advancements have significantly reshaped the landscape of the automotive industry, with a particular emphasis on innovation in electric vehicles (EVs), autonomous driving features, and connectivity solutions. Brands like Kia and Hyundai have emerged as frontrunners in leveraging technology to enhance the driving experience and meet evolving consumer demands. 

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