Category: Consumer News

Reinvest to remain the best

We would all agree the industry is enjoying incredible profitability as a result of an almost perfect vehicle supply versus demand dynamic and new and used vehicle grosses being the best they have been in 20 years (at least). This…

Who’s winning from COVID?

We’re 18 months into living with COVID-19, and as with any mass disruption, there have been winners and losers. It’s been a profitable time for billionaires, with the US’s billionaire class alone increasing their combined wealth by $US1.2 trillion since…

The Future is Electric

Electric vehicle (EV) sales grew over the past year and will continue to do so, with help from the NSW Government’s Electric Vehicle Strategy and nearly $500 million in investment to encourage growth in zero emissions vehicles. The annual report…

Questions Remain Over Agency Model

Proposed moves to agency models are a hot topic in our industry, yet many questions remain about how the model will work in practice. The move by some OEMs to a fixed price agency model is by far the most…

JOIN US IN BRISBANE FOR AADA2021 FUTURE FOCUSED

The AADA National Dealer Convention & Expo is excited to announce AADA2021 Future Focused, a welcome return to our traditional Convention in the vibrant city of Brisbane this September. AADA2021 Future Focused will present an action-packed onsite program and also…

DEALERSHIP OF TOMORROW (DOT): 2021 UPDATE

“For everything to stay the same, everything must change.” – from The Leopard by G. T. di Lampedusa. Lampedusa was writing about Italian politics in the 1800s, but his epigram also applies to the American dealership scene today. His meaning…

DO WE NEED A MOTOR SHOW?

Motor Shows are wonderful events for anyone who loves cars. Manufacturers use them to unveil and hype up concept cars, important new production models and innovations, and the public flocks to see these wonders of technology and horsepower. Yet it…

DATA SHARING LAW EXPECTED SOON

The Federal Government is understood to be close to releasing legislation regarding the mandatory sharing of service and repair information. Bodies such as the Australian Automotive Aftermarket Association (AAAA) have been campaigning for the Federal Government to introduce a mandatory…

AADA BACKS MITSUBISHI’S 10-YEAR WARRANTY PLAN

In October, the AADA lodged a submission with the Australian Competition and Consumer Commission (ACCC) supporting Mitsubishi’s proposal to introduce a warranty of five years with an additional five years for customers who service their vehicle with a Mitsubishi Dealer….

THERE ARE NO SHORTCUTS TO EXTRAORDINARY

In the latest of our series, thanks to legendary service adviser trainer, Lloyd Schiller, of LloydSchiller.com and Brooke Samples of Profit Blueprints, Brooke explains why there are no shortcuts if you want to be the best. Last weekend, I elected…