Home » Blogs (page 6)

Blogs

Steve Young Blog: Improving the customer experience

We are often told that the customer experience in dealerships has been transformed in recent years through more diverse recruitment practises and improved training, reinforced by ongoing customer satisfaction surveys and mystery shopping.  You would therefore expect to find this reflected in feedback from buyers.  We are also all too aware of the weak demand from retail customers for battery ...

Read More »

STEVE YOUNG BLOG: Is Tesla discovering its own ‘new normal’?

The Tesla share price has dropped by 45% since the end of December on the back of a series of negative news stories and announcements.  In most listed companies this would be a source of huge concern, but despite the fall, the market capitalisation of the company remains over seven times greater than that of Toyota, and Elon Musk continues ...

Read More »

BLOG Shifting to a transparent motor finance model

The Financial Conduct Authority (FCA) investigation into the sale of car finance has understandably garnered attention from the public regarding market practices. A significant area of concern for the investigation is a lack of transparency in disclosing interest rates and commission structures. There are existing solutions and services available, which can improve the customer experience and provide increased transparency. Providing ...

Read More »

Steve Young Blog: Getting a sense of proportion

By Steve Young There are a number of automotive industry related stories running at the moment that are all predicting some extreme outcomes when the reality is probably rather different.  In a time when there are so many competing news channels and social media outlets, we perhaps shouldn’t be surprised that attention-grabbing headlines and ‘click-bait’ become the norm.  However that ...

Read More »

BLOG Calling out the opportunities and risks in motor retailing

This year, ICDP reaches thirty years since the launch of the first European Research Programme, so we have been looking back in the archives in preparation for our Members’ Meeting in Berlin in two weeks where we will share some old material that includes some not-so-dated thinking. We think of our industry as fast-moving and talk about the scale of ...

Read More »