The report finds that Britain is rapidly becoming the destination of choice for global automotive investment. The UK’s position as an investment destination is expected to generate further opportunities for component suppliers.
Europe dragging down UK car sales, says KPMG
John Leech, KPMG UK head of automotive, comments on The Society of Motor Manufacturers and Traders (SMMT) UK car production figures which fell 5.8% in September but remains up10.2% over the year-to-date:
Supply chain risk remains key focus for manufacturers
Over a third (37 per cent) of manufacturers in Europe* are continuing to focus on the risk, reliability and flexibility in their supply chain – which remains one of their biggest challenges – according to KPMG’s 2012 Global Manufacturing Outlook
UK new car sales buck the trend, says KPMG
John 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 jobs
The 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.