Car Finance: Inc Impact of COVID-19 - UK - June 2020
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“The car finance sector has experienced challenges for the last few years, but previous difficulties pale in comparison to the threat posed by COVID-19 in the short and medium term. The crisis will affect consumers and businesses for years to come, accelerating structural changes in terms of sustainability and profitability. The shift towards online channels is more obvious and urgent and some providers risk being left behind. Consumers who remain in a financial position to purchase a new vehicle will be increasingly value-conscious and price-driven. However, there will be opportunities to bolster the appeal of car finance products, with more convenient and flexible options being key to a quick recovery.”
– Irene Salazar, Senior Financial Services Analyst, 10 June 2020
Key issues covered in this Report
This report will give you a complete 360-degree view of your market. Not only is it rooted in robust proprietary and high-quality third-party data, but our industry experts put that data into context and you’ll quickly understand:
What They Want. Why They Want It.
Who’s Winning. How To Stay Ahead.
Size, Segments, Shares And Forecasts: How It All Adds Up.
New Ideas. New Products. New Potential.
Where The White Space Is. How To Make It Yours.
What’s Shaping Demand – Today And Tomorrow.