08 October 2019
Alison Ashley, head of automotive, comments on the notional increase in car registrations in September.
03 October 2019
RSM is predicting an unseasonal drop in September car registrations due to ongoing issues, including a move away from diesel; supply for petrol and low emission vehicles; and economic and political uncertainty in the market.
04 April 2019
The drop in March registrations is not unexpected, due to Brexit uncertainty and the availability of the right stock. The shift in demand from diesel, to petrol, hybrid or electric vehicles has been acute; and in some cases, supply hasn’t kept up with demand, so dealers are struggling to deliver the right mix of products for customers.
06 February 2019
The recent announcement from Nissan to build its X-Trail SUV in Japan rather than Sunderland is clearly a blow for the automotive manufacturing industry in the UK. In response, the Brexit rhetoric has been amplified, but the predominant drivers behind this decision are demand driven.
04 October 2018
As expected we’ve seen an unseasonal dip in new car registrations following the spike last month due to a rush to land registrations ahead of the new WLTP measures. Not even consumer demand to secure the new plate could boost activity, as certain manufacturers have limited supply having slowed production ahead of WLTP to mitigate scrappage of non-compliant stock.
05 September 2018
New car registrations in August saw a spike with a 23.1 per cent increase compared with the previous year. As in previous months, demand for hybrid and plug-in increased with an increase of 88.7 per cent.
23 July 2018
Leading audit, tax and consulting firm RSM has appointed Robert De La Rue as a tax partner in Chelmsford to strengthen its regional and national tax practice. The appointment reflects the firm’s continued commitment to invest in talent and expertise to drive further growth.
16 May 2018
The Volkswagen Financial Services (VWFS) case has been rumbling on since 2011. It considers the issue of how a business supplying vehicles on hire purchase (HP) should recover VAT on overhead costs, given that HP transactions result in a standard rated supply (of the vehicle) and an exempt supply of finance.