AADA Convention and Expo
Melbourne  |  24-25 July 2024

Sponsor advertisement

The Dealership Landscape: BDO’s Special Presentation at AADA 2024

The Dealership Landscape: BDO’s Special Presentation at AADA 2024

Share on Facebook
Share on LinkedIn

The automotive industry is experiencing a whirlwind of changes, and staying ahead of the curve is more critical than ever. At AADA 2024, BDO Automotive is set to deliver an enlightening presentation titled, “The Dealership Landscape: Top 5 Risks and Opportunities.” This session promises to be an invaluable resource for Australian Dealers looking to navigate the complexities of the current market and seize emerging opportunities.

Session Synopsis

BDO Automotive is proud to present a deep-dive into the evolving dealership landscape at AADA 2024. In a time where rapid supply returns, volatile economic conditions, significant government policies, and an exploding Chinese new-energy vehicle market are reshaping the industry, understanding these dynamics is crucial. BDO Automotive Partners Mark Ward, Sam Venn, and Randall Bryson will share their extensive experience and provide tangible insights into the top risks and opportunities that Australian dealers must consider.

Key Topics Covered

Rapid Return of Supply: Understanding the impacts of increased supply on pricing, inventory management, and customer expectations.
Volatile Economic Conditions: Strategies for navigating economic uncertainties and maintaining financial stability.
Government Policy: Insights into current and upcoming policies that could affect the dealership landscape.
Chinese New-Energy Vehicle Market: Analyzing the influence of China’s booming new-energy vehicle sector on Australian dealerships.
Emerging Opportunities: Identifying and capitalising on new opportunities within the shifting market dynamics.

Meet the Presenters

Mark Ward, National Leader, Automotive, Partner, BDO Australia: With a wealth of experience in the automotive sector, Mark will provide strategic insights and practical advice on navigating the current environment.
Randall Bryson, Partner, Business Services, BDO Australia: Randall’s expertise in business services will help dealers understand the financial implications of current market trends.
Sam Venn, Partner, Business Services, Automotive, BDO Australia: Sam’s knowledge of the automotive industry’s intricacies will offer attendees a comprehensive understanding of the risks and opportunities present today.

Why Attend?

This presentation is a must-attend for anyone in the automotive dealership industry. Whether you’re an established Dealer or new to the market, the insights shared by BDO Automotive’s experienced partners will equip you with the knowledge needed to thrive in these turbulent times. Learn about the critical risks you need to mitigate and the opportunities you can seize to stay competitive and profitable.

Register Today!

Make sure to mark your calendars and join us for this insightful session at AADA 2024. Register today and ensure you don’t miss out on this opportunity to gain crucial insights from industry leaders.

You Might Also Like

Discover AADA
Nick Murphy

Unlocking the Future of Document Management in Automotive Dealerships

Hi, I’m Mark Degenhardt, and with over 40 years of experience in the Australian motor industry covering motor vehicle sales, management, sales training, software sales, and installation management, I have seen the landscape of dealership operations evolve dramatically. My journey took a pivotal turn in 2007 when I met the innovative minds behind organiseit—a powerful document management database used by over 4000 users in the insurance industry.

Read More »
Discover AADA
Nick Murphy

Maximising Gross Profit with XPEL Products: A Dealer’s Guide

In today’s competitive automotive market, maximising gross profit is not just about selling cars; it’s about enhancing customer satisfaction and offering valuable aftermarket products. One of the most effective ways to achieve this is by integrating high-quality products like XPEL Paint Protection Film and Window Tint into your offerings. As an industry-leading manufacturer, XPEL provides not only superior products but also a pathway to increased revenue and customer loyalty. Here’s how:

Read More »
AADA 2024 Announcements
Nick Murphy

Download the Ultimate Companion for AADA 2024: The CarExpert Event App

Are you ready to enhance your AADA 2024 experience? The AADA CarExpert Event App is here to ensure you make the most out of this year’s event. With full access to the program and schedule, this app is designed to be your essential companion throughout the event. Here’s why you should download it now!

Read More »
Discover AADA
Nick Murphy

Discover Cox Automotive: Where it all connects

Cox Automotive Australia has the ability to take a really rounded look at the automotive retail market by tapping into the sales data it collects.

Our Manheim business remarkets tens of thousands of vehicles each year through wholesale auctions. We have physical and online auctions across the country, selling fleet vehicles among other types to dealers and the general public.

Additionally, we collect a substantial amount of retail used vehicle data from our own in-house software and data aggregation services, which fall under the Cox Automotive umbrella. Chief among these is our inventory management platform SmartPublisher.

We hope you can take some actionable insights from what the data tells us across the first half of 2024, potentially helping retailers make more profitable stocking decisions.

Read More »
Discover AADA
Nick Murphy

Driving Decisions: Turning Car Buying Excitement into Closed Sales

Empowering Dealers with Innovative Fintech to Seal the Deal
As the CEO of Ausloans Finance, I’ve witnessed first-hand how economic uncertainty can stir up consumer hesitation, particularly when it comes to major purchases like cars. With Media touting high inflation, fluctuating interest rates, and the spectre of a recession looming, it’s no wonder that Australian consumers are feeling nervous about borrowing money for assets. Despite this, the demand for car finance remains robust.
When comparing consumer behaviour in August 2023 v May 2024, we saw a 15% increase in consumer engagement to achieve car finance approval. However, the same comparison also showed an 8% decline in consumer commitment to settle and complete the financing process.

Read More »