AADA has secured a massive coup with the news that Facebook will present a session at the 2017 AADA National Dealer Convention. Coming on the back of the previous announcement that Google will also conduct key sessions, this makes the…
With the pace of technological advancement increasing, seemingly by the hour, it is timely that the theme for the 2017 AADA National Dealer Convention to be ‘Advancing Innovation, Technology and Engagement’. The special sessions run by the internet’s two most…
The Luxury Car Tax (LCT) threshold for luxury cars will increase to $65,094 for the 2017-18 financial year, in line with an increase in the ‘All Groups’ Consumer Price Index (CPI). The LCT threshold for fuel-efficient luxury cars will remain…
1.1 We recently advised a National Dealer Council on the lawfulness of extrapolating warranty audit ‘exceptions‘ discovered during a distributor warranty audit. 1.2 One of the main issues we focused on in our detailed advice on the topic was whether…
Whilst there are factors that can influence a dealership’s return on sales ratio, such as locality and franchise mix, the two percent model has long been the yardstick of an acceptable profit benchmark an automotive dealership should make before taxation….
In a market where goodwill multiples are at an all-time high and the quest for turnover can sometimes overtake the need for profit, Dealers are asking the question, “What dealership should I buy that future-proofs my profits?” Steven Bragg, KPMG…
A small group of AADA delegates attended International Dealer Day in Verona, Italy, in May. All enjoyed themselves immensely and came home with valuable take-aways to apply to their businesses. The main lesson of the event was the difference between…
The newest data released by the National Transport Commission supports the motor industry’s assertion that credits and incentives are vital in encouraging more consumers to buy low emissions vehicles and, in doing so, continue to drive down Australia’s carbon dioxide…
A recent crash test comparison highlights the massive difference in safety of new and older model cars, supporting AADA’s arguments regarding finance contracts and insurance. The Australasian New Car Assessment Program (ANCAP) conducted a head-on crash test between the latest…
Holden will cull 30 dealerships, mostly from metropolitan areas, in a bid to counter falling sales. Most of Holden’s 269 Australian Dealers have franchise contracts that are due to roll over on 31 December, giving the affected dealerships roughly six…