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Automotive Retailers: Light at the end of the tunnel...

By Oliver Church

There’s no doubt retailers are crying out for their dealerships to be open in full operation. With the upcoming number plate changes in March a failure to do so, will no doubt have an adverse impact on the industry, which in term may lead to more job losses, in an already hampered space.

However, there is some cause for optimism. Auto Trader has seen the continued rise in the used car market over the last 10 months. With prices continuing to remain strong across the space, this bodes well as we come out of the current lockdown.

I for one, along with all the industries associated with the dealer/OEM network are looking forward to bounce back. However as has already been seen, dealers have learnt to adapt to these uncertain times and many of the practises adopted will remain in the future.

Let’s hope for continued success across the rest of 2021!

“Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.”

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