Monday, August 07, 2006
Upward march of the budget brands
Residual values of budget brands are beginning to threaten established volume brands in many of the core market segments.
According to EurotaxGlass's market intelligence service, manufacturers such as Skoda, Hyundai and Kia are beginning to make a real impact in the UK market place with their expanding product ranges and improved quality finding increasing demand on the used market.
"Our analysis shows that the volume players are not having it all their own way in terms of residual values," said Alan Cole. Budget diesel variants also appear to be retaining better residuals values than that those of the volume players.
DATED: 0708.06
FEED: MT
According to EurotaxGlass's market intelligence service, manufacturers such as Skoda, Hyundai and Kia are beginning to make a real impact in the UK market place with their expanding product ranges and improved quality finding increasing demand on the used market.
"Our analysis shows that the volume players are not having it all their own way in terms of residual values," said Alan Cole. Budget diesel variants also appear to be retaining better residuals values than that those of the volume players.
DATED: 0708.06
FEED: MT
