Our new report, KPMG’s Global Automotive Executive Survey 2011: Creating a future roadmap for the automotive industry is out. The survey polled more than 200 automotive executives worldwide on their strategies to respond to evolving consumer expectations; to secure financing to drive growth and profitability; and to fund R&D to achieve technological leadership. This highly anticipated research gives unique insight into the future shape of the automotive industry.

Financial institutions facing a complex and ever changing regulatory environment, are determined to instill stability and prevent future crises-– a task that is ladened with complexity. Amidst these challenging times, it has never been as imperative for businesses to grasp the potential impact of regulatory changes and take control to help their businesses find their way forward.

The endorsement of Basel 3 at the G20 summit in November shifts the focus to implementation. Despite a lack of absolute clarity, there is no time to waste. Basel 3 is here to stay.

Turkey is influenced by the changes in the global working environment. This issue makes it necessary for Turkish companies to adapt themselves to the changing business environment by making strategic partnerships and strengthening the foreign economic relations. This is the major motivation behind the preparation of new Turkish Commercial Code (“TCC”). At last, the new Turkish Commercial Code is approved by the Turkish Parliament and will be effective in the Turkish Business Life. The primary criteria taken into consideration in this renewal process can be summarized as follows:

As with many industries, the depth and length of the worldwide economic downturn has meant another trying year for the engineering and construction sector. Management teams in most parts of the world have had to cope with continued declining backlogs and profits, with many unable to see beyond the next six months, let alone make longer-term plans.

Findings from the KPMG 2010 Global Construction Survey, Adapting to an Uncertain Environment, indicate the lingering economic downturn and associated constraints have generated a growing movement among E&C companies to create stronger, more resilient business models that can weather change and manage risk.

Ferruh Tunç, Chairman and Senior Partner of KPMG Turkey expressed his views prior to the ‘Turkey Corporate Management Association’ summit about ‘Corporate Management Practices’ when he gave a live interview on the 11th of January 2011 on SKY Türk’s ‘Economy Programme’ at 14.30.