New research from Carwow has revealed that millennials are renting or financing cars due to surging living costs and a desire to drive new vehicles.
Carwow has launched a free scrappage scheme checker after no fewer than 17 car manufacturers launched incentive schemes.
More than half of UK drivers would not consider an incentive of less than £3,000 to scrap current their vehicle for a cleaner model, according to research carried out by Carwow.
Carwow is supporting its growth plans by signing a new two year data deal with Cap HPI.
Carwow has revealed that sales of diesel vehicles via its online platform rose in July as manufacturer offers enticed savvy car shoppers despite negative press and a fall in enquiries overall.
Carwow has raised $39 million (£29.7m) through a round of financing which will be used to further accelerate growth in the UK and internationally.
Carwow appointed Hasan Nergiz as head of manufacturer proposition and strategy in May. By June it has announced ‘industry first’ live online finance calculator partnership with Volvo.
More than three-quarters, (78%) of UK motor dealers will not be making snap investments in alternative fuel or electric vehicles in light of negativity towards diesel according to the latest market data.
Whilst an uncertain political landscape affects consumer confidence, dealers don’t need to worry unduly.
Carwow has been named as one of the newest members of Tech City UK’s Future Fifty programme, which showcases 50 UK leading digital companies in growth.
Carwow has launched a £1.2 million advertising campaign across television and radio with the catch-line ‘car buying with you in the driving seat’
Carwow has revealed that pre-registered cars can cost customers an extra £1,500 when compared to the brand new equivalent with the results of recent research.
The Competition and Markets Authority will not investigate claims that BMW UK restricted its dealers’ use of new car sites, after it did a U-turn on its decision.
YouGov research commissioned by Carwow has revealed that customers would rather feel confident that they paid a fair price for their vehicle than the lowest possible price.
Carwow’s YouTube car review channel has become the most watched by consumers.
How well and how quickly you manage your leads is more important than how you generate them, whether in business or private sales.
Understanding how and why car consumers buy is essential to franchised dealers’ success online, delegates at AM’s latest Digital Dealer conference heard.
What Car? is looking to attract dealers to its newly-developed New Car Buyer Marketplace with the promise of exposure to 2.5 million unique monthly users.
How female dealer staff are achieving a high proportion of sales is one of the issues to be explored at AM’s Digital Dealer Conference in September.
Mitsubishi, Skoda and Jaguar led consumer demand on Carwow throughout the first half of this year.
