I had the opportunity to have an enlightening conversation with Nuno Castel-Branco: General Manager Standvirtual and OLX Portugal, a visionary from the Portugal automotive industry. We uncovered many insights that are transformative and pivotal for anyone looking to navigate the future of automotive innovation. This blog post distills the essence of our discussion, offering invaluable [...]
As we approach 2024, the landscape of car ownership in South Africa is undergoing a significant transformation. The National Association of Automobile Manufacturers' recent report indicates a 4.4% decline in new vehicle sales this past November, a clear sign of the economic headwinds we face. High-interest rates, inflation, and a sluggish economy are the main [...]
I had the pleasure of having an insightful chat with Ben Pullen, Group Director of Mobility at Vuka Group. Today, I will summarise some key points we discussed about the exciting world of electric vehicles (EVs). The thrill of the EV evolution Our conversation started with a reflection on the evolution of the electric vehicle [...]
I had the privilege of sharing some valuable insights during an interview with Gareth Edwards on ENCA Drive. We delved into the impact of soaring fuel prices on the vehicle market and explored whether consumers are seeking more fuel-efficient alternatives. The Fuel Price Predicament The first topic of discussion was the undeniable fact that fuel [...]
Insights from the first half of 2023 One thing becomes abundantly clear as we steer through the dynamic currents of the automotive industry: data holds the steering wheel. At AutoTrader, our commitment to data-driven insights has unveiled a promising narrative for the local automotive sector in the first half of 2023. Despite the formidable economic [...]
As electric vehicles continue to gain popularity, the question of how consumers will buy them is becoming increasingly relevant. Dealerships are here to stay I believe that the traditional dealership model is not going anywhere soon. Despite the potential for disruption from new technologies and business models. One reason for this is that buying a [...]
The rise of online marketplaces has revolutionised the automotive industry, making it easier for both sellers and buyers to connect and transact. However, one of the biggest challenges for retailers and marketplaces is determining attribution - the ability to trace a sale back to where the consumer first interacted with the product. This is particularly [...]
In a recent interview with Gareth Edwards from the eNCA Drive, we spoke about what the 2022 new and used car landscape looked like for the automotive industry in South Africa. We also cast our eye on the future trends of 2023 based on the data from AutoTrader. New and used car market shifts AutoTrader [...]
What type of business are you, a producer or platform business - this will help with identifying the type of data your business will need. As a car dealer, you are both a producer and a platform business, because you have physical products (the cars) that you sell and you use your platform (your website) [...]
E-commerce growth is becoming increasingly important in markets today and this includes e-commerce in the automotive industry. What is the definition of e-commerce within the automotive world? Buying a car online has happened in very small pockets around the world which is not a market norm. Just as AutoTrader produced a magazine and went through [...]
