European New Car Online Marketplaces Report 2022 Featuring AutoScout24, AutoTrader, Carnovo, Carwow, Carzone, FairSquare, Gocar, & Heycar
DUBLIN, Nov. 24, 2022 /PRNewswire/ -- The "European New Car Online Marketplaces, 2022" report has been added to ResearchAndMarkets.com's offering.
New and used vehicles can be purchased in a variety of ways in Europe, whether through franchised car dealerships, OEM online channels, or third-party online marketplaces. Automakers are exploring ways to reach out directly to customers to reduce retail operating costs while new car dealers want more effective ways to market and sell their inventory in the competitive retail arena.
Online new car marketplaces still have potential for evolution with the development of more value-added, customer-oriented digital services. Marketplace providers will have to focus on digitalizing their web portals for all aspects of the customer journey, including vehicle tour, configuration, financing, trade-in, warranty, digital signature, and the ability to facilitate transactions digitally.
As millennials and Generation Z become the largest car-buying groups, they will expect a seamless and digital purchase journey.
Companies to Action
For more information about this report visit https://www.researchandmarkets.com/r/ungi3j
Research and Markets
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SOURCE Research and Markets