Sunday, 13 July 2014

Day 3 - AADA Convention: Plenary Session 3

How's your dealership's health?

Dale McCauley, Partner, Deloitte Motor Industry Services.

The Key take-aways from Dale McCauley's enlightening presentation: 

  • Dealership's should be constantly reviewing their health 
  • There's no shortage of jobs in the auto industry, just a shortage of talent
  • Used car sales are still in decline
  • Private-to-private buyer market booming
  • F&I growth which represents 90% of a dealer's profit is slowing
  • Fixed Ops are not keeping up with sales
  • Many dealers are losing money on new cars
  • Most service customers stay within eight kilometres of a dealership's PMA

No comments:

Post a Comment