One in 10 car dealers close in face of £160 million tax hike

Accountancy firm KPMG's survey of 907 leaders from the automotive industry found the vast majority (85 per cent) felt that between 20 and 50 per cent of dealerships would close within seven years. Over half (54 per cent) felt at least 30 per cent of forecourts would close by 2025, while 94 per cent of ...

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