ARTICLE
15 September 2013

First of its kind: research into the automotive industry highlights growth, profitability and business model challenges through to 2020

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Moore Australia

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Moore Australia part of a global network of offices, providing auditing and financial reporting services, advising local, national and international clients in the public and private sectors. Moore Australia generates annual revenues in the region of $80m. Moore Australia is part of the Moore Global network and has 14 offices with over 450 people nationwide. Moore Australia has extensive experience in state and local government, biotechnology, energy mining and renewables, health and aged care, education, manufacturing, not for profit, property and construction, retail and tourism and hospitality and has a strong presence in the following service lines: Asia Desk, Audit & Assurance, Business Advisory, Taxation, Corporate Finance, Governance and Risk Advisory.
The research collects opinions of automotive retailers, wholesalers, distributors and service providers across Australia.
Australia Strategy
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What strategic decisions do the automotive retailers of today need to make in order to ensure their businesses are well equipped for the automotive retail landscape of 2020?

Will the quickening pace of online retail activity completely change the traditional 'bricks and mortar' dealership format, with a much stronger focus on a dealership's online presence to generate and bring business to the physical dealership site?

If the consumer of 2020 is willing to purchase a vehicle online, how will this change a dealer's approach towards encouraging repeat customer service and loyalty? How will a dealer use technology to connect and communicate with customers on a meaningful level?

Should automotive retailers and franchisors collaborate on facility and virtual showroom investment requirements, to ensure efficient investment and that both stakeholders are well placed to meet the consumer demands of 2020?

2013 National Automotive Industry Survey – The Automotive Retailer of 2020

The Moore Stephens Automotive Services group and the Australian Automobile Dealer Association (AADA) have undertaken research into the Australian automotive industry, which brings together the opinions of automotive retailers, wholesalers, distributors and industry support service providers across Australia.

The 'Automotive Retailer of 2020' National Automotive Industry Survey has collected the opinions and predictions of a wider range of stakeholders in the Australian automotive industry.

The results of the survey, including the comments received, provide an insight into the key drivers of the changing automotive retail landscape and the key decisions to consider from those most qualified to predict the positioning of the automotive retailer of 2020.

The research report will be available to download from the Moore Stephens website in mid-October.

This publication is issued by Moore Stephens Australia Pty Limited ACN 062 181 846 (Moore Stephens Australia) exclusively for the general information of clients and staff of Moore Stephens Australia and the clients and staff of all affiliated independent accounting firms (and their related service entities) licensed to operate under the name Moore Stephens within Australia (Australian Member). The material contained in this publication is in the nature of general comment and information only and is not advice. The material should not be relied upon. Moore Stephens Australia, any Australian Member, any related entity of those persons, or any of their officers employees or representatives, will not be liable for any loss or damage arising out of or in connection with the material contained in this publication. Copyright © 2011 Moore Stephens Australia Pty Limited. All rights reserved.

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