'New vehicle sales are currently dictated more by supply than demand.‘
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Matthew Beatty, on Tue, Jun 14,2022
'New vehicle sales are currently dictated more by supply than demand.‘
Matthew Beatty, on Fri, Apr 01,2022
This is the third piece in our series of AFI articles, exploring different aspects of consumer automotive finance.
Matthew Beatty, on Fri, Mar 11,2022
In this second piece in our series of AFI articles, we look at the finance channel (i.e. who actually sells the finance to vehicle purchasers), and how this is changing over time. Click here to read the first piece, which explore the finance purchasing customer journey.
Matthew Beatty, on Fri, Mar 04,2022
Welcome to the first of three articles, exploring different aspects of the 2022 Automotive Finances Insights study. In this one, we introduce the customer journey, looking at how it can vary across different consumer segments.
More than 9 million Australian households currently own at least 1 vehicle, with over a third (3.2 million) having used finance to fund at least some of their purchases. While there is no doubt that this offers significant opportunities for OEMs, financiers, and other associated businesses, it is important to remember that these purchases can follow extremely different paths. It is therefore critical to understand the customer vehicle selection and finance journey, and the key needs of consumers as they move through its different stages.
Matthew Beatty, on Thu, Feb 10,2022
With just under 80% of all Australians receiving at least 2 doses of the COVID-19 vaccine by the end of 2021, businesses were finally given a fighting chance to return to normality. Whilst booster shots are still being rolled out and restrictions are still varied from state to state, the following data indicates that the Australian economy is slowly rebuilding and becoming more resilient to the disease despite record case numbers with the arrival of the Omicron variant in late November.
