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Alarm bells ringing as EV transition hits auto industry

The UK automotive industry has called for urgent government intervention to safeguard the sector and Britain’s zero emission vehicle transition. The call comes as new analysis by the Society of Motor Manufacturers and Traders (SMMT) reveals that weak demand for EVs and the need to fulfil ever-rising sales quotas will cost the industry some £6 […]

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Introduction

Welcome to our Auto Finance community led by David Betteley

Successive waves of change have been hitting the auto finance industry harder and faster than ever before. The transition from ICE to BEV is the largest single challenge and opportunity for UK and European auto in 2024, with higher costs of production, lacklustre consumer demand, changing regulation, managing residual values, and the arrival of Chinese OEMs into Western markets. Join us as we explore the challenges and opportunities that are shaping the future of auto finance.

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