Car industry analysts have outlined the compound challenge facing the UK’s car sector following the publication of the Society of Motor Manufacturers and Traders’ half-year figures. The stats show that the first half of 2020 yielded the lowest level of UK car manufacturing since the 1950s. Edwin Kemp, head of automotive strategy at KPMG, commented that the SMMT’s June 2020 new car manufacturing analysis is a harbinger for businesses’ likely descent into insolvency throughout the automotive supply chain. Peter Barnes, head of automotive at global legal business, DWF, added that the challenges facing the UK automotive industry add up to a perfect storm for the sector.
KPMG has appointed Dr Sarah Owen-Vandersluis as its UK head of future mobility, and Edwin Kemp as UK head of automotive strategy. Commenting on future mobility, Owen-Vandersluis said changes would continue to accelerate, even with the effects of COVID-19. She believes that the pandemic “will accelerate previous trends towards digitisation, customer-centricity and zero-carbon.”