Inventory levels, interest rates, diminishing demand and inflation have all made Q1 2025 a tough quarter for dealers. There are few manufacturers or franchises who are not experiencing the impact of a supply push market. We are seeing the return to pre-pandemic levels of discounting, incentives and subverted finance. Pitcher Partners’ Australian Market Vehicle Facts […]
This is the fifth edition of the Pitcher Partners Motor Industry Services – Australian Listed Dealer Comparison, where we provide insight into the top three listed motor dealer groups and explore how the macroeconomic environment and inventory supply affected them in the 12 months ended 31 December 2024. This report covers: Results snapshot Listed results […]
Ronnie joined Pitcher Partners in 2023 as a Client Director in the Audit Technical Team with over 32 years in the accounting profession, and over 10 years in external audit. Ronnie has extensive experience in the theoretical and practical aspects of audit. By being involved with different teams and external bodies at the local, Asia […]
First published in GoAutoNews on 28th January 2025 Far from being the bearer of bad news, the team at Motor Industry Services at Pitcher Partners has been investigating the major market trends at play and exploring what measures dealers can take to thrive rather than just survive – or worse. We have been encouraging dealers […]
First published in GoAutoNews on 21st January 2025 As 2025 kicks off, we are seeing more and more dealers opening new facilities for Electric Vehicle (EV) brands. This makes total sense. The National Vehicle Efficiency Standard (NVES) has kicked off as of this month. That is making selling EVs a necessity for OEMs in a balanced […]
First published in GoAutoNews on 21st January 2025 Finance and Insurance has always been a key underlying driver of dealer profit. But in 2025 challenges will be encountered as retail demand wanes, finance companies tighten acceptance and many look towards rate driven retail programs to address increasing inventories. It is important to consider as you plan your […]
First published in GoAutoNews on 14th January 2025 Dealership retail success has always been driven by eternal optimism, an ever-increasing new market, growth in disposable incomes, a never-ending supply of cheap money and in recent times supply constraints resulting in record Dealership profit. Now the party is well and truly over as vehicle grosses return to […]
Inventory levels, interest rates, diminishing demand and inflation have all made Q3 2024 a tough quarter for dealers. There are few manufacturers or franchises who are not experiencing the impact of a supply push market. We are seeing the return to pre-pandemic levels of discounting, incentives and subvented finance. Pitcher Partners’ Australian Market Vehicle Facts […]
What if I told you that the first 4 cars sold in each month just covers the on costs of property ownership while the next 57 vehicles cover that month’s rent? Scarily, our analysis indicates that this holds true for the average dealer in Brisbane (and this principle would be materially the same for most […]
This is the fourth edition of the Pitcher Partners Motor Industry Services – Australian Listed Dealer Comparison, where we provide insight into the top three listed motor dealer groups and explore how the macroeconomic environment and inventory supply affected them in the 12 months ended 30 June 2024. This report covers: Results snapshot The industry […]
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