Labour shortages were identified as one of the most impactful factors on business confidence (second only to the pandemic), in Pitcher Partners recently released Business Radar 2022 report.
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.
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).
Type the words “how much is my house worth” into a search engine and it will deliver around 6.2 billion results. Countless lenders, real estate agents and home builders are lining up to offer curious consumers a quick house valuation, using everything from calculators to ‘comprehensive’ price reports.
In the latest update from Google HQ, the tech giant flagged that the Google Universal Analytics (better known as Google Analytics) platform is due to be ‘sunsetted’.
Why would a sophisticated cyberattacker want to target a small business like mine?
It’s one of the most frequent questions I hear in conversations with clients and one that is full of misunderstandings.
20% of our mid-market businesses surveyed in Pitcher Partners recent Business Radar 2022 report identified COVID as having a positive impact on their business confidence, the third largest factor, mainly due to how it accelerated innovation and change.
On Wednesday 26 October 2022, Pitcher Partners hosted an in-person event with expert commentary on the new Labour Government’s approach to economic management – its updated version of the 2022-23 Federal Budget.
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 […]
As touched on before, the supply of new vehicles to the Australian market is constricted. The constricted supply and recent surges in demand have pushed prices and gross margins to the highest on record, not only in new vehicles but also in the used car market. Speaking with our dealer clients, stock is limited, new orders face large wait times and average days inventory is down significantly from pre-pandemic levels.
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