The automotive experts are of the opinion that automotive marketers need to focus on producing consistent brand strategies and points of differentiation from rivals to reverse the slump in new car sales.
The call to action comes after it emerged that purchases had dropped to the lowest level in a decade in the UK. Many automotive marketers have somehow managed to outperform others in the market. For example Honda, “it has somewhat managed to come back to its old marketing demand despite supply problems in 2011 after the Japanese tsunami and flooding in Thailand”, said a marketing executive from Appco Group Thailand to me. The sales were down, but less than the 4.4% drop across the market. Continue reading