UK new car sales buck the trend, says KPMGJohn Leech, UK head of KPMG’s automotive practice, comments on the Society of Motor Manufacturers and Traders (SMMT) car registration figures which show that new car registrations rose 3.3% in April to 142,322 units. Who’s in the data driving seat?Vehicle connectivity links the real with the virtual highway to offer a host of services including infotainment, safety, traffic management and remote diagnostics. In a market worth billions, customer ownership will be a key battleground. Foreign investment to create local jobsThe announcement of a £400m investment in an engine plant near Wolverhampton, which is projected to create over 750 new jobs, is a huge vote of confidence by Tata in the Jaguar and Land Rover brands. Location, Location, LocationSuppliers are under intense cost pressure forcing them to look for new low-cost patterns of sourcing and manufacturing... The Future of Automotive RetailThe depth of this crisis is clear from the downbeat views on the future of retailing expressed in this survey – not just by dealers, but also by manufacturers and industry associations. M&A Outlook for AutomotiveWe all know M&A volumes and values are down, but what is the outlook for the different sectors? We look in detail at the situation for the Automotive, Chemicals, Metals, Pharmaceuticals and Retail industries. |