BAILMENT AND FLOOR PLAN FACILITIES: THE RISKS

The world of bailment agreements, floor plan facilities, consignment sales, personal property securities legislation, the tort of conversion and transfer of title is a legal and financial maze that all of the participants, namely bailment/floor plan financier, Dealer, consumer and…

VOORTMAN TO TAKE OVER AS CEO

AADA is pleased to announce the appointment of James Voortman as the Australian Automotive Dealer Association’s new Chief Executive Officer, commencing his responsibilities on 1 July 2019. Mr Voortman has extensive policy and automotive advocacy experience and has worked as…

APPLICATION OF LCT TO TRADE-INS

There is a misconception amongst some Dealers that Luxury Car Tax (LCT) is not payable in relation to sales of cars that have been traded in. Whilst the circumstances in which a Dealer is required to account for LCT on…

HUMAN CAPITAL INDEX

Employees continue to be the single largest expense in a dealership business and there is no doubt the effectiveness of your people is the difference between outstanding and average results, which is more pertinent in challenging trading conditions. Understanding the…

BOOK NOW FOR NADA 2020

Bookings are open now for the 2020 AADA Study Tour to the NADA Show in Las Vegas. The AADA Study Tour is a premium tour package featuring not just one of the world’s largest business conventions but a massive Expo,…

ELECTRIC VEHICLES TO OUTSELL CONVENTIONAL CARS WITHIN 20 YEARS

Worldwide sales of electric vehicles (EVs) will overtake those of traditional internal combustion engine (ICE) passenger vehicles within 20 years, according to research published last month. Bloomberg New Energy Finance predicted in May that EV sales would top 50 million…