Category: Dealership Operations

The Community And The Dealer

Every year automotive Dealers collectively contribute hundreds of thousands of dollars to their local communities – a generosity that goes largely unnoticed. Local community is ingrained in the DNA of automotive Dealers. Unlike many other businesses, a special kinship often…

Automotive Evolution

Self-driving cars, altered buying behaviour and the continued push for connectivity are a few of the factors driving big change in the auto industry, according to a new report. Global audit, tax and advisory firm, KPMG has released a comprehensive…

Auto Exec Survey Results Revealed

The Hyundai Group and Volkswagen have been identified as two well-positioned brands for future sustainable automotive growth. The sixteenth edition of KPMG’s Global Automotive Executive Survey, Who is Fit and Ready to Harvest has been released for 2015. The report…

Effective Salary And Commission Structures

How do you motivate your team to increase sales at the same time as containing employee costs? BDO Automotive has recently finished collecting data for this year’s dealership executive salary survey. With an anticipated release date of December 2014, it…

Don’t Let Fringe Benefits Tax Ruin The Party

Dealers need to ensure they’re being compliant with Fringe Benefits Tax, particularly over the holiday season where potential fringe benefits arise. Dealers providing certain benefits to their employees throughout the year, including over Christmas and the New Year period should…

Toyota Installs Largest Solar Power System in Victoria

A great change has occurred at Toyota Motor Corporation Australia’s manufacturing plant in Melbourne. Officially launched in early June, 2000 solar panels, designed and installed by Autonomous Energy, now cover the roof of Toyota’s Powertrain Factory at their Altona North…

Applying a Balanced Scorecard to the Dealership

As the automotive retail business model continues to change it is becoming increasingly important to take a holistic and balanced view of dealership performance. This holistic view should extend beyond single metrics such as market share or return on investment,…

Are you Chemically Compliant?

When’s the last time you thought about chemical compliance? Have you ever thought about it at all? Though chemical compliance often ranks low on automotive dealer’s priority list, running a chemically compliant business is in fact incredibly important to maintaining…

Are benchmarks a self-fulfilling prophecy?

Retail motor dealerships rely heavily on benchmarking to monitor performance. In fact, it’s not just the Dealers who use this tool, but also the manufacturers, financiers and accounting firms. While industry benchmarks are an extremely useful tool, we have seen…

Fraud: The Enemy Within

Managing internal control risks is the key to avoiding any nasty surprises The automotive industry is experiencing many significant changes which are highlighting the importance of strong, well-managed internal controls more than ever. While increasing difficulties in maintaining profit margins…