US EUROPE AFRICA ASIA 中文
    Business / Auto Global

    Carmakers pin hopes on British bright spot

    (Agencies) Updated: 2013-02-20 15:28

    Britain's figures are also flattered by a practice known as self-registration, whereby carmakers offer hefty discounts to persuade dealers to buy cars they know they won't be able to sell, register them themselves, and then sell them on later as nearly-new cars.

    John Leech, head of accountancy firm KPMG's UK automotive group, estimated about half of last year's growth could be due to self-registration.

    Leech estimated a car manufacturer offering plenty of zero percent finance deals to lure customers could be adding up to four percentage points of discount to the seven percent discount typically offered to a dealer on a mass-market car.

    To protect the bottom line, carmakers are also hoping to persuade drivers that they would save money in the long term by buying a new, more fuel-efficient engine.

    "If you go back 3-4 years ago consumers were more worried about environmental damage and wanted to be green," said KPMG's Leech, adding that expensive hybrids and electric cars are now out of vogue. "That concern has evaporated with the recession."

    Fuel costs are a hot topic in Britain where tax rises and higher oil prices pushed the average cost of a tank of petrol to about 90 pounds in 2012 from 70 two years earlier. Newer engines can cut as much as 15 pounds off a fill-up.

    The fuel efficiency pitch could boost sales of Ford's Focus and Fiesta, which run on its Ecoboost one litre engine, as well as the new Volkswagen Golf, Vauxhall's Adam and the new BMW 3-series and Mercedes A-Class.

    Online attraction

    Carmakers and dealers are also luring Internet-savvy British buyers by investing in social media buzz, websites and online tools to compare fuel and financing deals.

    AutoTrader data shows that 10 years ago the average British consumer visited at least five dealerships before buying a car. With more research online, they now visit an average of two.

    Ford and Nissan spend over a third of their UK marketing budget online, up from about 10 percent a few years ago, as more shopping is done on screens.

    For all the pitches, car sales could skid off course if the UK economy continues to bump along the border of recession and knocks consumer confidence, which hit a 12-month high in January in terms of people's expectations about making a big purchase.

    Already, Britons are stretching their average car ownership to four-and-a-half years from three-and-a-half years, according to sales group Auto Trader.

    "If the UK falls back into recession, the doom and gloom surrounding that could really put a spanner in the works," motor dealer Jarvis said.

     

    Previous Page 1 2 Next Page

    Hot Topics

    Editor's Picks
    ...
    熟妇人妻中文av无码| 最近中文字幕在线| 一二三四在线观看免费中文在线观看| 亚洲日韩v无码中文字幕| 亚洲一区二区三区在线观看精品中文| 日韩人妻精品无码一区二区三区 | 无码专区永久免费AV网站| 少妇人妻综合久久中文字幕| 波多野42部无码喷潮在线| 2014AV天堂无码一区 | 亚洲AV无码无限在线观看不卡| 精品久久久无码中文字幕 | 国产亚洲精品a在线无码| 中文无码喷潮在线播放| 亚洲天堂中文资源| 亚洲一区二区三区在线观看精品中文| 狠狠躁狠狠爱免费视频无码| 无码国产精品一区二区免费模式| 久久精品无码一区二区WWW| 国产精品亚洲w码日韩中文| 少妇中文字幕乱码亚洲影视| 无码欧精品亚洲日韩一区夜夜嗨 | 亚洲∧v久久久无码精品| 中文字幕在线观看国产| 久久久网中文字幕| 最近高清中文在线国语字幕5| 亚洲中文字幕无码中文字在线 | 99久久超碰中文字幕伊人| 人妻中文无码久热丝袜| 中文字幕乱码人妻无码久久| 中文在线资源天堂WWW| 亚洲 日韩经典 中文字幕| 中文字幕丰满乱子无码视频| 国产成人综合日韩精品无码不卡 | 天堂а√在线地址中文在线| 久久中文娱乐网| 中文字幕一区二区三区精彩视频| (愛妃視頻)国产无码中文字幕| 狠狠精品久久久无码中文字幕 | 亚洲va中文字幕无码久久不卡| 最新国产精品无码|