Automotive Industry Expertise
The Australian motor industry is worth (AUD) $171.8 Billion.
A rapidly changing landscape.
The Australian Automotive industry is growing due to rising new car sales, improved household disposable income and increased affordability of new cars. This growth has benefited new vehicle wholesalers and dealers in particular and also the automotive repair and maintenance sector. Growth has stalled somewhat with the closure of Australia’s largest automotive manufacturers (Toyota, Holden and Ford) who were negatively impacted by changing consumer demands and by having higher manufacturing costs than international manufacturers. The industry is going through a period of rapid change as it attempts to stay abreast of new car technology and changing consumer preferences with a skills shortage impacting some sectors. Consolidation and specialisation is likely to increase.
The advent of disruptive technology solutions such as subscription models by Porsche, Mercedes Benz and ride sharing apps like UBER have created mass market adoptability for a next generation customer. This has forced dealerships to rethink their place in market.
Stannards accelerates auto dealerships.
Stannards B.iQ™ helps accelerate independently owned automotive groups. We do this by integrating core business advisory services called #BusinessIntelligence - #B.iQ™, financial design thinking, efficient operations, industry compliance, cash flow management, taxation planning and predictive financial analytics into actionable outcomes. In collaboration with our clients, our team of expert advisors understands what it takes to make their businesses win.
Our expertise in the automotive industry spans 40 years working across auto brands such as Holden, Toyota, Ford, Volkswagen, Honda, Peugeot, Skoda, Kia, Hyundai, Bentley, Mercedes-Benz and more. By controlling today for automotive businesses, we create tomorrow.
What is a Stannards Discovery Session?
A Stannards discovery session is a 45-minute catch up to understand how to get your business moving in the right direction. Designed for prospective clients, we ‘sense’ check your business using Stannards B.iQ™ thinking. Whether you are a start up or already operational, our discovery sessions address the following key areas to get your business market-ready.
Your industry & market intelligence
Current and future business model
Key targets and goals
Market Implementation strategy and timeline
Family office planning