New car commentary | January 2024
Ian Plummer, Commercial Director of Auto Trader, the UK’s largest digital automotive marketplace, commented:
The growth in electric vehicles hitting UK roads in 2023 is incredibly positive news and the prospect of lower prices this year will only encourage more drivers to make the switch in 2024. The combination of new Government targets like the Zero Emissions Vehicle mandate and the rise of competitors like BYD will put pressure on the automotive industry to cut their prices sharply to spur on flagging retail demand. But there’s also a clear role for government to play in helping consumers go electric and as VAT cuts in other countries seem so successful, they seem like an obvious route to take.
Follow us on our social channels to keep up with the latest news, insights and company developments.
If you would like to be added to our News & views mailing list, or have any media-related enquiries, please contact our press team:
Looking to join the team?
Looking to make a sale?
Looking to make a purchase?
Sign up to our email alerts service:
Join our news & views mailing list
or submit media-related enquiries:
