Ins and outs, and ups and downs of the vehicle market

2009-02-15

The vehicle market has been through its ups and downs over the last few years with the last 18 months being some of the most difficult times ever encountered. In addition to this, the industry has also had a new customer base to familiarise itself with on top of increasing competition because of new brands and ever-expanding dealership networks. This year holds particular challenges and changes for our automotive manufacturers and turbulent times and structural changes are certain. Based on the latest results of Synovate’s Buyer Study research, it is obvious that there have been a variety of other changes in the vehicle market stretch all the way back to 2000. In this study we look at who is buying what, profile of vehicle owners and shoppers, how vehicles are financed and what channels are used when investigating and finally purchasing a car.

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Tanje Wandrag
Wilken Communication Management

flip@icon.co.za

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