Alison Ashley, RSM’s head of motor retail, highlights her key predictions for 2021 including: cash burn for dealers, Brexit ensures bumps in the road and curbs on consumer spending.
05 October 2020
Alison Ashley, partner at RSM, comments: ‘The all-important barometer of the September plate change month has dampened the short-lived optimism from buoyed demand since dealerships reopened. New car registrations fell by 4.4 per cent which sets a new record low for September year on year.
07 August 2020
Leading audit, tax and consulting firm RSM is urging motor retailers to ensure they have maximised available capital allowances – this is a valuable form of tax relief on capital expenditure that motor retailers incur.
16 June 2020
Automotive manufacturers face many challenges and we have automotive manufacturing specialists that can assist you to ensure you are best placed to face these challenges head on.
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.