Despite an uncertain market and its fluctuating prices, Tesla continues to be the lead choice among ethnic buyers returning to market Loyalty is among the best indicators of customer satisfaction with a given vehicle or brand. And for newer automotive brands, establishing a cadence of repeat buyers can take decades. Tesla, though, is already […]
Volvo Cars achieved a revenue record in 2022 despite a drop in its global new car sales volume. It achieved a full-year operating profit of 22.3bn Krona (£1.78bn)) from revenues of £330.1bn krona (£26.27bn) while facing headwinds of supply constraints, lockdowns in China and higher material and logistics costs, revealed its president and chief executive Jim […]
New car enquiries have dropped by 17.4% year-on-year in Q1, according to new data from automotive showroom management provider, Dealerweb. This is the second successive quarter of declining new car leads, following a 30.1% fall, year-on-year, from October to December 2022. However, conversion rates remain strong, with orders resulting from new car enquiries dropping by […]
