“The topic is very much on the minds of motorists as they brace themselves for further shocks at the fuel pumps while also pondering the merits of moving away from internal combustion engines either partly or completely,” he said.
Simultaneously, continued supply chain difficulties have restricted new vehicle availability, increasing demand and therefore prices within the used car market. As a result of these shifts and the increased need for transparency, consumers are buying and selling cars differently, he said. Globally, the price of fuel has led to significant changes in car shopping behaviour surrounding new energy options. A primary indicator of this change can be observed in fuel-type searches, the chief executive said.
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