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The future of the industry – electric vehicles

The EV dealer of tomorrow is going to look remarkably different to the dealer of today. EVs will fundamentally change the franchise dealership landscape. Along with the significant investment in infrastructure required, the EV Dealer of the Future will look remarkably different to the franchise dealer of internal combustion engines (ICE) of today.

The future of the industry – agency sales model

A limited supply of vehicles is achieving what the agency sales model sets out to do. After the two most profitable years ever in the automotive industry, we have learned a valuable lesson; limited supply leads to a dramatic increase in profitability for the entire automotive supply chain (OEMs, distributors and retailers).

Australian retail automotive industry: The dealership

Gross Margins As already discussed, Gross Margins are currently inflated on both new and used cars as there is reduced supply. Gone are the days of losing money on the metal only for the manufacturer bonuses and incentives to make up the majority if not all the gross profit for the month. The current margins […]

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