Vertu Motors meets Auto Trader Podcast
In this podcast, Sanjay Vidyarthi talks to Vertu Motors CEO, Robert Forrester, and Auto Trader COO, Catherine Faiers about the state of the UK car market. They discuss what is behind the unexpected strength of the new and used car markets post lockdown and why structural shifts in car ownership may outweigh economic pressures in Q4. The supply/demand dynamic remains favourable and online searches are at record high levels. Smaller players have seen less distress than might have been expected, but consolidation remains a major theme. With a limited number of buyers in the market, valuations could be attractive. Click below to listen to the podcast.
*The views in this audio are those of Robert Forrester, CEO of Vertu Motors. Vertu Motors is a Corporate broking client of Liberum.
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