Category: Feature

UK REPORT: ARE DEALERS ‘ATTRACTIVE’ AGAIN?

As in Australia, Dealership sales are strong in the UK, prompting accounting group, BDO International, to state that Dealers are back in favour with the car-buying public and investors. The Motor 150 Report aggregates the financial results for the top 150…

NEXT GENERATION OF AUTO ENGINEERS ON DISPLAY

The next generation of automotive engineering talent strutted its stuff at the recent Formula SAE-A University Challenge at Calder Park Raceway, Melbourne. Competing against a record 30 team entries comprising 700 students from universities throughout Australia, New Zealand, India, Malaysia,…

HAS THE RETAIL AUTO STORE RUN ITS RACE?

For as long as there have been cars, there have been car Dealerships. But will that always be the case? With the rising costs of meeting manufacturers’ requirements, not to mention the expense of prime commercial real estate, are we…

TAKATA FUTURE UP IN THE AIR

The future of troubled airbag manufacturer Takata is in doubt after Honda, Toyota and Nissan dropped the Japanese company as a supplier. Defective inflater and propellant devices meant Takata had to issue a recall affecting tens of millions of cars…

COUNTERFEIT CRACKDOWN LEADS TO RECALL

A crackdown on counterfeit parts has led to an unprecedented recall of bogus brake pads that contain asbestos. The brake pads – which are supplied in what appears to be genuine Toyota packaging and are designed to fit Toyota HiLux…

THE NATIONAL CONVERSATION ON TAX

Tax. We all pay it. We all wish we didn’t. But we all recognise it’s necessary to pay for our communal needs such as roads, the police force, fire brigade, hospitals, schools, etcetera. Once again tax is raising its head…

IS YOUR GOODWILL UNDER THREAT?

In the previous edition of Automotive Dealer I discussed who owns the goodwill in your Dealership and one way of protecting goodwill. In this article I will discuss the biggest threat to goodwill and how to mitigate that threat. End…

WHAT IS THE VALUE OF YOUR DEALERSHIP’S GOODWILL?

In a previous edition of AADA’s Automotive Dealer, BDO Automotive considered Dealership goodwill in the context of what it is and who ‘owns’ it. In this article we turn our mind to how a valuer might approach the valuation of…