CMI Pack June 2024

Key considerations for your business

Interest in new diesel cars is waning, however the opportunity for older diesel is huge, currently around 12 million cars and estimated to reach 12.4 years old by 2027. ​

A changing car ownership shows fleet is driving demand in new car sales. Over half (55%) of new car sales in 2023 were fleet. A growth segment that your workshop should view as an opportunity to drive additional revenue.

A changing car market shows, in 2019, 90% of all new cars sold were either petrol or diesel. In 2023, this was less than half (44.5%)​.

The aging car parc is a huge opportunity for the aftermarket with nearly half of the parc estimated to be 10 years or older by 2027​.

Electrification is growing and will continue to do so, don’t get caught out, be prepared​.

MOT remains a key opportunity and knowing the seasonality challenges helps your workshop maximise opportunities.​

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