The retail automotive sector continues to fascinate the automotive team here at UHY. Despite ongoing concerns regarding the sustainability of a traditional ‘bricks and clicks’ approach to retailing the sector is proving remarkably resilient. Performance in recent years has been strong and buoyed by a gradual recovery from the deepest recession in living memory, together with a surplus of supply arising out of the deeper economic crisis experienced throughout much of the Eurozone.
Of course, this nirvana state can’t go on forever, but what is clear is that the sector has the ability to respond and adapt to whatever challenges it may face in the future. We believe our role as a key adviser to the sector is not just to help you with your day to day accounting and business issues, but help you anticipate and overcome the inevitable challenges that the sector will continue to face moving forwards.
We produce a variety of factsheets and blogs highlighting the current issues affecting the automotive sector and examine the impact for dealerships and manufacturers. Click on the link below to read our latest blogs.
If you would like to discuss any industry issue in more detail with one of our automotive experts, please contact a specialist at your nearest location, or complete the contact form.