Close Menu
I Really Like This Car
  • Automobile
  • Automotive
  • Design
  • Self Driving
  • Luxury
  • Supercar
  • EV
  • Motorcycle
  • Exclusives

Subscribe to Updates

Get the latest creative Articles from I Really Like this Car about Automotives & Supercars.

What's Hot

2025 QJMotor SRV600V launched in Malaysia, RM33.8k

August 2, 2025

The FCA responds to Supreme Court’s decision on automotive loan commissions

August 2, 2025

You Would not Download A Automotive, But You Could 3D Print A Dirt Bike

August 1, 2025
Facebook X (Twitter) Instagram
I Really Like This Car
HOME Login
  • Automobile

    2025 QJMotor SRV600V launched in Malaysia, RM33.8k

    August 2, 2025

    You Would not Download A Automotive, But You Could 3D Print A Dirt Bike

    August 1, 2025

    1200hp RAM TRX vs Aston Martin DBX707 drag race

    August 1, 2025

    2026 Suzuki GSX-R1000R M6 revealed, commemorating 40 years of the GSX-R superbike

    July 31, 2025

    Volkswagen ID Buzz Cabin Air Filter Substitute Principally Requires Disassembling The Whole Front End

    July 31, 2025
  • Automotive

    The FCA responds to Supreme Court’s decision on automotive loan commissions

    August 2, 2025

    Case Study: How the City of Sugar Land Digitized Its 550-Vehicle Fleet, Saving 100+ Labor Hours Weekly and $1.5M in Budget Gains – Operations

    August 1, 2025

    Max Verstappen and Chris Harris Tame the Wild Ford Mustang GTD on Road and Track : Automotive Addicts

    August 1, 2025

    Reeves poised to step in on Supreme Court automobile loans commission case

    July 31, 2025

    Underrated Japanese Cars From the ’80s and ’90s That Deserve More Love : Automotive Addicts

    July 30, 2025
  • Design

    Designing body kits and accessories

    April 11, 2025

    Designing for a startup automotive company

    February 18, 2025

    Our recent drive luggage website driveluggage.com shall be up and running in April.

    January 15, 2025

    Enhance your drive experience with bespoke automotive luggage |

    December 18, 2024

    Designing for an iconic marque

    December 11, 2024
  • Self Driving
  • Luxury
  • Supercar
  • EV
  • Motorcycle
  • Exclusives
I Really Like This Car
Home»Automotive»Why collaboration matters to the long run of the used automotive industry
Automotive

Why collaboration matters to the long run of the used automotive industry

adminBy adminAugust 5, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Why Collaboration Matters To The Future Of The Used Car
Share
Facebook Twitter LinkedIn Pinterest Email

Automotive retail is a competitive industry, but it might probably profit from collaboration to tackle a number of the structural issues equivalent to consumer trust and workplace inclusivity, argues Aimee Gethin, chief operating officer at Zuto.

It was industrial carmaker Henry Ford who said: “If everyone seems to be moving forward together, then success takes care of itself”. Nevertheless it’s only in recent times that the second-hand automotive market has begun to embrace this spirit of collaboration.

Previously couple of a long time the industry has modified dramatically. Technology is changing the best way people buy cars, in addition to the cars they buy. Newer entrants to the market – fintechs and marketplaces like ourselves – are introducing latest ways of doing things. Dealerships and lenders which were established for a long time are having to adapt to the digital world, and we’re seeing a whole lot of collaboration to enhance the best way all of us work together.

Nevertheless it’s not nearly tech: much of the disruption we’re currently experiencing is about improving our industry. Trade associations and regulatory bodies are making everyone consider more responsible working practices. While competition and profit have at all times been motivating forces in our businesses, we should always see this as an industry wide challenge, one which we are able to tackle together to make our ecosystem fairer and more transparent for the shopper and produce more equality to the workplace.

Putting the shopper first

It’s now over thirty years since Vauxhall began one in all the earliest manufacturer approved used automotive schemes, guaranteeing the standard of some its second-hand models. This approach was soon adopted by other manufacturers, including Ford, as the rise in consumer confidence was seen to translate right into a boost in sales.

Despite this and other positive actions, the used vehicle and automotive finance sectors have historically been suffering from reports of bad practice and unfair lending rates.

Thankfully the fashionable used automotive and finance sectors at the moment are a really different place and this goal is shared by lots of our peers and partners. It has been placed firmly on the agenda for all finance providers with the introduction of the Consumer Duty by the Financial Conduct Authority (FCA), tasking businesses to make sure that good outcomes for the shopper are at the guts of all the things they do.

Measures equivalent to these rely on the co-operation of all involved. A hugely essential role is played by trade associations, equivalent to the Society of Motor Manufacturers and Traders (SMMT) and the Finance and Leasing Association (FLA).

What’s more, these associations don’t simply foster collaboration between competing organisations – in addition they help to drive the entire industry forward.

Collaboration breeds success

This shared goal of putting the shopper first is at the guts of the movement towards collaboration. It’s in everyone’s interest for the shopper experience to be as smooth as possible after they are on the lookout for cars and finance online. Clarity and the standard and speed of response are key – and technology may also help to facilitate that. Nevertheless, it’s essential to not lose the human touch. Providing the choice of talking to a trained human operative ensures that every one customers can have the extent and variety of service and communication they need.

While putting customers first, our industry also has an obligation of care towards employees. Automotive retail is a big UK employer, providing many wide and varied profession opportunities, however it shouldn’t be known for being probably the most diverse – we would all prefer to see a more inclusive, diverse working environment across the industry. Becoming an employer of alternative helps an organisation to stay competitive, however it’s essential to bring everyone along on this journey of self-improvement. 

Don’t get me improper – I’m not suggesting that competition doesn’t exist, nor that it’s a foul thing. The used automotive market is currently doing well. SMMT figures show that it’s currently hitting a five yr high by way of sales. But we are able to’t take this without any consideration.

For all of us to thrive, we’d like to be certain that we share common goals and a mutual desire to make ours an industry that’s recognised as being transparent, fair and responsible. This may help us to grasp Henry Ford’s vision, and success will maintain itself.

Aimee Gethin, chief operating officer, Zuto

This Article First Appeared At www.am-online.com

Car Collaboration future Industry Matters
Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleWireless EV charging record set with Porsche Taycan prototype
Next Article Mazda CX-60 deals: Drive-away discounts available in August
webmaster
admin
  • Website

Related Posts

The FCA responds to Supreme Court’s decision on automotive loan commissions

August 2, 2025

You Would not Download A Automotive, But You Could 3D Print A Dirt Bike

August 1, 2025

Case Study: How the City of Sugar Land Digitized Its 550-Vehicle Fleet, Saving 100+ Labor Hours Weekly and $1.5M in Budget Gains – Operations

August 1, 2025

Max Verstappen and Chris Harris Tame the Wild Ford Mustang GTD on Road and Track : Automotive Addicts

August 1, 2025
Leave A Reply Cancel Reply

Demo
Interesting Picks

Stellantis STLA AutoDrive won’t require drivers to observe the road

June 19, 2024

Ford F-150 recalled again in Australia

January 29, 2024

Missing Bolts Were Thrown Away In Boeing 737 Max Door Plug Blowout, Says NTSB

June 26, 2025

MG confirms recent S5 will replace all-electric ZS EV

March 4, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Automobile

2025 QJMotor SRV600V launched in Malaysia, RM33.8k

By Mohan K RamanujamAugust 2, 20250

Officially launched in Malaysia is the 2025 QJMotor SRV600V cruiser, priced at RM33,888. Pricing doesn’t…

The FCA responds to Supreme Court’s decision on automotive loan commissions

August 2, 2025

You Would not Download A Automotive, But You Could 3D Print A Dirt Bike

August 1, 2025

Case Study: How the City of Sugar Land Digitized Its 550-Vehicle Fleet, Saving 100+ Labor Hours Weekly and $1.5M in Budget Gains – Operations

August 1, 2025
About Us
About Us

At ireallylikethiscar.com, we are passionate about all things automotive. Whether you're a fan of supercars, electric vehicles, or simply have a deep appreciation for the beauty and engineering of automobiles, you've come to the right place.

Interesting Articles

Mitchell Motor Group fills Chester Cathedral to make Christmas exceptional

December 20, 2024

Chinese carmakers told by Beijing to self-regulate in market; group blames BYD for ongoing price wars

June 9, 2025

Quirky Toyota Previa minivan returning as PHEV, with EV variant

December 30, 2024
New Comments
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
    © 2025 I really Like This Car. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.

    We are using cookies to give you the best experience on our website.

    You can find out more about which cookies we are using or switch them off in .

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?
    I Really Like This Car
    Powered by  GDPR Cookie Compliance
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.