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…
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…
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…
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,…
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…
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…
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…