Australian Listed Dealer Comparison 2022
We are delighted to have released the first iteration of the Australian Listed Dealer Comparison and it reveals that it is a very interesting time to be a part of the motor industry.
Proposed Fringe Benefits Tax exemption for low or zero emission cars
The Government has introduced a Bill to provide an exemption from Fringe Benefits Tax (“FBT”) for a car fringe benefit attributable to an eligible low or zero emission car. The exemption is intended to encourage a greater take up of fuel-efficient cars and reduce Australia’s carbon emissions.
Making money in an EV world
The Dealership world is currently sitting on the precipice of a monumental change from which there is no known white knight. The solution to the problem exists, but it requires the dealers to take the initiative and kill a major sacred cow in the process.
NADA – Part one: New car prices in US up 34 per cent
Record profits for dealers are likely to last into next year as OEMs catch up with lost sales DEALERS in the United States, as in Australia, are enjoying the best trading conditions ever recorded and are looking forward to fulfilling the annual sales forecast for the US trending at 17 million units, mostly at full […]
NADA – Part two: Dealership of tomorrow update
Leading industry analyst updates his crystal ball gazing and sees ongoing roles for dealers GLENN Mercer, the independent automotive analyst retained by the National Automobile Dealers Association to write his definitive work on the future of car retailing, Dealership of Tomorrow, presented an update that held out the prospect that dealers do indeed have a key […]
NADA – Part three: Eight key actions to handle transition
The NADA Convention highlighted that change is coming: here’s how to manage it WHAT does all this change that is coming at us really mean for dealers? Here are eight key actions dealers need to consider in the next two to five years as the sales models transition: 1. Transform your dealership staff in line with […]
Automotive
Federal Budget 2021-22: Motor industry insights
The Federal Budget 2021-22 underpins the striking economic recovery experienced in the Australian retail automotive industry starting in mid-May 2020, with many of the measures announced putting the industry in good stead to invest in growth, expansion and their employees in the Budget’s forecasted period.
Wayne Pearson
Throughout his 40 year career, Wayne has assisted dealers with their business functions, operational improvement strategies, profit maximisation and benchmarking, ultimately supporting the evolution of dealerships to the next phase of their business life-cycle. Through a combination of commercial intelligence and pragmatism, Wayne is able to provide each of his clients with a unique experience […]
Motor Industry Insights: Preparing you and your business for sale
Selling a dealership takes, on average, a minimum of six months and that is based on the assumption that your business is sale ready. During this period of time there are a few things that you should be prepared for.