It has been a very challenging 2024 but we must not lose hope. What is causing such a fall in mood? it is clearly not the lack of jobs but we think it is, in most parts of the world due financial distress – high prices or inflation to put it simply. That said, the out break of more wars/conflict and political disruption has lead to uncertainty which doesn’t help the global mood or us for the better. It is probably a phase …
Since this is a motor blog and so we don’t want to forget what happened in 2024 we are writing key trends. The auto industry struggled – the electric car market has taken a dive despite stabilising or decreasing prices while petrol and diesel engine vehicles are off trend with many choosing hybrid vehicles. Along with changing buyer preferences, car and SUV prices in general have increased dramatically in the last few years. New competition from once unknown Chinese based brands have also changed the market dynamics in most countries offering enticing cheap prices. There is a reason why they are cheap and we find that out more in a few years. Regardless all brands have increased prices by at least 25% we estimate but they are still offering the same model.
Anyway we are taking some time off from the internet and website to enjoy the holiday season see you back in the new year.