EVs

Forecasting Europe’s Concerns: Trends in the Used Car Market

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Forecasting Europe’s Concerns: Trends in the Used Car Market

During the recent Remarketing Expert Track on March 7th, 2024, Dr. Christof Engelskirchen, Chief Economist at Autovista Group, delivered an insightful outlook on the European market and shared essential forecasts on emerging concerns. “Slowbalisation” In his presentation, Mr. Engelskirchen offered a perspective on the used vehicle market by juxtaposing current trends with the pre-pandemic era. … Read more

Chinese EV makers pin hopes on Europe’s fading auto dealers

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Chinese EV makers pin hopes on Europe’s fading auto dealers

Even before the European Union targeted imports of cheap Chinese electric vehicles, their makers faced another big challenge: winning over consumers who don’t know or necessarily trust their brands. At the heart of their strategy is the traditional dealership model that European carmakers have been exiting in favor of direct sales. BYD, Xpeng, Great Wall … Read more