• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Premium Report
  • Features
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Aftermarket 2020
    • Tyre Recycling 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / KPMG

Posts

Mixed reactions to November car sales figures

UK News

The reactions to November’s UK car registration figures, which fell by 27.4 per cent year-on-year according to the SMMT, varied in tone; some were optimistic, others were worried about whether or not the industry could cope with the brought-forward target of 2030 for phasing out of sales of new petrol and diesel cars. And of course there was the uncertainty of whether a Trade Deal could be negotiated with the EU and of the effects of Brexit on the automotive industry, not to mention the effect on the automotive business of the pandemic.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Best January for new car sales for eight years
  2. UK car registrations decline in May – SMMT figures
  3. New car sales continue to slide in October
  4. Slight fall in August new car sales, but strong showing for electric cars
4th December 2020/by Peter Gardner

UK car production: “worst September for 25 years” says SMMT

UK News
SMMT

UK car production fell in September, with output down -5.0 per cent, to register the worst performance for the month in 25 years, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). Factories turned out 114,732 cars, a decline of some 6,000 units on the same month in 2019, as companies continued to wrestle with the uncertain economic and political environment and Covid-related challenging global market conditions.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. British car manufacturing in decline, based on sustained domestic demand fall
  2. Brexit planning nearly halves UK car production
  3. UK car production falls 14.2 per cent in 2019
  4. UK car manufacturing faces long wait to return to normal levels – KPMG
29th October 2020/by Peter Gardner

Auto industry ‘far from out the woods’ despite car sales growth – KPMG

UK News
SMMT

Commenting on SMMT’s new car registration figures for the month of July, Andrew Burn, UK head of automotive at KPMG, said: “With social distancing measures easing and dealerships finally in a position to reopen, it’s great to see pent-up demand released and car registrations picking-up again. However, as the year-to-date figures make painfully clear, total lost sales in 2020 are expected to be £20bn, so in many ways it’s a case of damage limitation. We’re still a long way off pre-Covid-19 levels of sales.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. UK car manufacturing faces long wait to return to normal levels – KPMG
  2. Fleet registrations propping up small growth in UK new car market
  3. Fall in new car market a ‘wake up call’ to policy makers
  4. UK car production falls 14.2 per cent in 2019
5th August 2020/by Andrew

Auto analysts comment on ‘perfect storm’ for car sector

Market Info, UK News
SMMT

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.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. UK car production down -42.8%, 11,000 jobs lost in coronavirus crisis
  2. SMMT: Deal with EU necessary to support green momentum
  3. British car manufacturing in decline, based on sustained domestic demand fall
  4. Brexit planning nearly halves UK car production
30th July 2020/by Andrew

UK car manufacturing faces long wait to return to normal levels – KPMG

Market Info, UK News
SMMT

While UK car manufacturing is beginning to reopen production lines after producing just 197 units in April, Andrew Burn, partner and head of Automotive at KPMG, said the road ahead is far from clear, despite the UK’s car dealerships being given the green light to open. Export markets, uncertainty about demand, and the challenge of cross-border supply chains all provide significant headwinds for the country’s car makers.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. SMMT figures ‘extremely worrying’ says KPMG
  2. UK car production falls 14.2 per cent in 2019
  3. Auto industry ‘far from out the woods’ despite car sales growth – KPMG
  4. British car manufacturing in decline, based on sustained domestic demand fall
29th May 2020/by Andrew

New KPMG Mobility senior appointments

Career Tracks
KPMG

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.”

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Auto analysts comment on ‘perfect storm’ for car sector
  2. Takaharu Fushimi returns to US as Yokohama CEO
  3. Ex-GfK director Kevin Glynn appointed to consultancy role at Tyre Intelligence Europe
  4. MWSD appoints European sales manager
21st May 2020/by Andrew

Analysts comment on April car sales figures

Market Info, UK News
SMMT

Analysts have commented on the “unsurprising” news that UK new car sales have plummeted to depths not seen for 70 years in April. Automotive industry observers at Deloitte and KPMG looked to the future, suggesting cautiously that the reopening of showrooms could provide opportunities for consumers, while suggesting that sales digitisation could be important for dealers.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Decline in car sales continues in October
  2. Peak petrol – has UK hit auto landmark unnoticed?
  3. Fall in new car market a ‘wake up call’ to policy makers
  4. UK car manufacturing faces long wait to return to normal levels – KPMG
5th May 2020/by Andrew

KPMG appoints Andrew Burn to lead Automotive practice

Career Tracks

Professional services firm, KPMG, has appointed Andrew Burn as UK head of Automotive with immediate effect. Burn is a partner within the firm’s restructuring practice and has over 25 years of experience in guiding clients through challenging situations. He has provided company side restructuring advice across the public and private sectors, as well as to privately owned and private equity-backed companies and PLCs. Over the last ten years, he has worked extensively with clients in the automotive sector across the UK and Europe, advising on various areas including supply chain risk management. He succeeds Justin Benson who has left the firm to pursue a new opportunity.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. UK car manufacturing faces long wait to return to normal levels – KPMG
  2. Auto industry ‘far from out the woods’ despite car sales growth – KPMG
  3. KPMG strengthens UK Mobility 2030 team with senior appointment
  4. KPMG appoints Ed Thomas UK head of transport
1st May 2020/by Andrew

SMMT March numbers do not reflect extent of lockdown damage – KPMG

Product News, UK News
SMMT

Analysts have warned that the dire effects of the COVID-19 pandemic on car production are not fully reflected in the March figures, released today by the Society of Motor Manufacturers and Traders. Andrew Burn, partner and head of automotive at KPMG UK said that while the March data shows that conditions were difficult, April’s numbers will show the full extent of the effects of the UK lockdown on the sector.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. UK car production fell 37% in March 2020 – SMMT
  2. UK car production falls 14.2 per cent in 2019
  3. UK car manufacturing at 10-year high
  4. UK economy in reverse after drop in automotive manufacturing
30th April 2020/by Andrew

Petrol and diesel car ban brought forward to 2035

Legislation, Premium, UK News
Diesel pump - ICE car ban

Having initially committed to banning cars based on petrol, diesel or hybrid engines from 2040, UK prime minister Boris Johnson is now planning to implement the ban from 2035.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. The clock is ticking for combustion engines and conventional tyres
  3. UK car production falls 14.2 per cent in 2019
  4. SMMT March numbers do not reflect extent of lockdown damage – KPMG
4th February 2020/by Chris

UK car production falls 14.2 per cent in 2019

Product News, UK News

UK car production fell -14.2 per cent in 2019, to 1,303,135 units, according to figures released by the Society of Motor Manufacturers and Traders (SMMT), with a -6.4 per cent drop in December rounding off a third year of decline. Output was affected by multiple factors, including weakened consumer and business confidence at home, slower demand in key overseas markets, a number of significant model production changes and a shift from diesel across Europe. Factory shutdowns in the spring and autumn, timed to mitigate expected disruption arising from the anticipated departure of the UK from the EU on 29 March and 31 October, also had a marked effect.

Read more

Related news:

  1. British car manufacturing in decline, based on sustained domestic demand fall
  2. Brexit planning nearly halves UK car production
  3. SMMT figures ‘extremely worrying’ says KPMG
  4. SMMT March numbers do not reflect extent of lockdown damage – KPMG
30th January 2020/by Andrew

NFDA, DWF, KPMG, Global Data and SMMT reactions to 2019 car registration figures

UK News
SMMT car model registrations changes

While the 2019 UK car registration figures are clear that the market declined last year, various sources gave differing views as to what are the most important trends and what should be done.

Read more

Related news:

  1. KPMG: Brexit uncertainty behind UK car production dips
  2. New car market stable in February
  3. UK car registrations fall to 2013 levels
  4. New car registrations worst since 1952
6th January 2020/by Chris

Speaker programme announced for VRA’s “2020 Vision” seminar as event reaches capacity

UK News

The speaker programme for the Vehicle Remarketing Association’s “2020 Vision” seminar has been announced as the event reaches capacity with the final delegate spaces booked.

More than 150 industry professionals are expected to attend The Slate at Warwick University on Wednesday 27th November to hear a programme designed to help equip them to meet the challenges facing the sector in the coming year.

Read more

Related news:

  1. WMG leading £14 million UK automotive battery research project
  2. UK automotive sector reacts to the Queen’s Speech
  3. University of Warwick in £65 million battery research initiative
  4. Electric vehicle battery industry could be worth £2.7 billion for UK chemical companies
23rd October 2019/by admin

Kings Road Tyres in administration

Company News, Premium, UK News

Beleaguered wholesale and tyre services company Kings Road Tyres is now in administration, with KPMG appointed joint administrators. The administration comes at the end of nearly a decade of turbulence for the company, which is one of the UK’s oldest tyre wholesale operations, having been incorporated in 1959.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Kings Road Tyres Group management welcome ‘return to independence’
  2. Strategic investment group buys controlling interest in Kings Road Tyres Group
  3. Sailun involved in Kings Road Tyres acquisition
  4. German Fintyre Group almost completely in bankruptcy
3rd October 2019/by Andrew

Brexit planning nearly halves UK car production

Market Info, Product News, UK News

UK car manufacturing output plummeted in April, with figures published by the Society of Motor Manufacturers and Traders (SMMT) showing it was down -44.5 per cent year-on-year. 70,971 cars rolled off production lines in the month, as factory shutdowns, rescheduled to mitigate against the expected uncertainty of a 29 March Brexit, took effect in many plants across the UK.

Read more

Related news:

  1. British car manufacturing in decline, based on sustained domestic demand fall
  2. UK car production falls 14.2 per cent in 2019
  3. UK car production down -42.8%, 11,000 jobs lost in coronavirus crisis
  4. UK automotive production drops again as investment dries up
30th May 2019/by Andrew
Page 1 of 3123

Advert Location: 3

Advert Location: 10

Popular Articles Today

Advert Location: 10

Advert Location: 11

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top