Latest News from Automotive Dealer Magazine
AADA acknowledges outgoing Chairman Terry Keating for his leadership and guidance over the past six years. Terry has played a significant role in establishing AADA, the peak Dealer association in Australia, now widely recognised by Dealers, Government, regulators and other…
The AADA Board is delighted to announce the election of David Blackhall as the Australian Automotive Dealer Association’s new Chairman, commencing his duties as an independent director following the AADA Annual General Meeting on 16 November. David has unparalleled industry…
The AADA has asked the Federal Government for assistance in addressing a critical shortage of skilled workers in the retail automotive industry. The AADA recently conducted a member survey that revealed almost every new car Dealer is suffering from a…
The AADA has welcomed the release of the Morrison Government’s discussion paper on the second stage of the Automotive Franchising reforms. The paper will specifically investigate the merits of a stand-alone code, options for mandatory binding arbitration and the need…
The new class exemption granted by the ACCC for collective bargaining will allow Dealers, through their Dealer Councils, to negotiate with Manufacturers on behalf of their network, without having to go through the previous notification procedures which were administratively burdensome,…
In the latest of our series, thanks to legendary service adviser trainer, Lloyd Schiller, of LloydSchiller.com and Brooke Samples of Profit Blueprints, Brooke discusses the importance of ongoing training. If you got a cool new toy, like a drone, and…
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…
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…
This article covers tax related hot topics relevant for Dealers. Firstly, the strength of the market for second-hand cars is giving rise to luxury car tax (LCT) liabilities Dealers may not be aware of. Secondly, the Australian Tax Office (ATO)…
THE MONTH Following a robust June (110,000) July VFACTS was, as expected, much quieter at just over 84,000 reported sales. This reflects the usual pattern of lower demand after the financial year end. That said, June 2021 was up around…