After a turbulent 2019, businesses and investors start a new decade with a sense of cautious optimism. We forecast that global economic growth will strengthen this year, but the risks and uncertainties that curbed momentum last year will linger, threatening to derail the outlook once again. We analyse the key challenges and what they mean for the world’s major economies.
2020 Vision – the Outlook for 2020 Part 2
Published: 20th December 2019
Welcome to Part 2 of my outlook for the year ahead for the motor retailing sector. As with Part 1, this blog is not designed to be a detailed analysis, rather it is high-level snap shot view of some of the market factors that will influence motor retailing and motor retailers in the year ahead. I hope you find it useful!
2020 Vision – the Outlook for 2020 Part 1
Published: 19th December 2019
Christmas is looming large and so it seems appropriate to start looking to the motor retail and financing outlook for the year ahead. Yes, it’s time for our ‘2020 vision’, well it won’t be the last time you see or hear that expression in the weeks ahead! This latest blog is a ‘two-parter’ simply because in looking ahead there is plenty going on and while I’m keeping things at a high-level, there is a lot of ground still to cover.
Car Retailing – is it time to dust down ‘volume is vanity profit is sanity’?
Published: 19th December 2019
In 2019 UK vehicle sales volumes remain strong at around 10 million units. New car registrations will be around 2.3 million and used sales will pitch in at approximately 7.9 million. Yet, the UK retail sector, based upon both dealer feedback and more significantly published financials is, on the whole, not in rude health. The position is not UK specific, Grant Thornton recently noted; “sales were also continuing to decline significantly across Europe, the US and China.”