New Car & Light Motor Vehicle Dealers in the UK - Industry Market Research Report
Description
New Car & Light Motor Vehicle Dealers in the UK - Industry Market Research Report
New Car & Light Motor Vehicle Dealers in the UK
New car dealers' revenue is anticipated to fall at a compound annual rate of 5.9% over the five years through 2022-23 to £101.9 billion. New car registrations have been inching downwards – the result of skyrocketing fuel prices and a weak pound restricting sales. At the same time, weak consumer confidence disposable incomes, caused by Brexit, the COVID-19 pandemic and the ongoing cost-of-living crisis – curbed spending on big-ticket discretionary products, like new cars. Many have been drawn to the used car market instead.
Companies in this industry sell new cars and other light motor vehicles. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to fleet markets). The vehicles sold must weigh less than 3.5 tonnes and include passenger cars, SUVs, specialised vehicles (like ambulances) and off-road motor vehicles. The sale of used motor vehicles or vehicles of a weight exceeding 3.5 tonnes are not included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
New Car & Light Motor Vehicle Dealers in the UK
New car dealers' revenue is anticipated to fall at a compound annual rate of 5.9% over the five years through 2022-23 to £101.9 billion. New car registrations have been inching downwards – the result of skyrocketing fuel prices and a weak pound restricting sales. At the same time, weak consumer confidence disposable incomes, caused by Brexit, the COVID-19 pandemic and the ongoing cost-of-living crisis – curbed spending on big-ticket discretionary products, like new cars. Many have been drawn to the used car market instead.
Companies in this industry sell new cars and other light motor vehicles. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to fleet markets). The vehicles sold must weigh less than 3.5 tonnes and include passenger cars, SUVs, specialised vehicles (like ambulances) and off-road motor vehicles. The sale of used motor vehicles or vehicles of a weight exceeding 3.5 tonnes are not included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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