Up to half of UK car dealerships will close within by 2025 according to respondents to KPMG’s Global Automotive Executive Survey 2018.
KPMG has made Justin Benson as the firm’s UK head of automotive alongside his current role as Brexit lead for the firm’s industrial manufacturing practice.
The public is to be given greater control over the personal data companies hold them – including the right to be forgotten.
Cost will drive UK motorists to adopt driverless cars and mobility as a service, according to KPMG partner and head of automotive John Leech.
UK automotive executives expect that more than half of today’s car owners will not want to own a car in less than a decade - but 85% are unfazed by the prospect.
City Motor Holdings has been placed in administration after attempts to find a buyer for the Basingstoke-based business failed. A total of 267 staff have lost their jobs.
UK retailers saw a 1.9% increase in sales in July year-on-year, defying expectations of a drop following the Brexit result.
The UK’s Supreme Court has ruled that a KPMG scheme to enable dealer group Pendragon to recover VAT on demonstrator cars sold as used cars was “abusive”.
The development of connected and autonomous vehicles will help generate 320,000 jobs in the UK says research by KPMG, commissioned by the Society of Motor Manufacturers and Traders.
