Successfully handling challenges has always been a core skill of any motor dealership. However, today there are a multitude of new, significant challenges that motor retailers must tackle.

Many of these are outside their control, such as the ongoing discretionary commission arrangements position, the introduction the agency model or efforts made by manufacturers to rationalise their retail networks. Combined with financial pressures on consumers and the changes to National Insurance announced in the Autumn 24 Budget, many motor retailers are feeling that they are working ever harder for less.

The onus will remain on motor groups to continue to innovate to attract new customers, be vigilant over their cost control and take care over their used vehicle purchasing to support their gross margins.
 

Key trends and analysis

We work very closely with the motor retail sector. Our experts regularly speak at industry webinars and events. As leading auditors and advisers in the UK, we work with businesses ranging from single site car dealerships to large, privately- owned and listed groups. We regularly conduct research and publish reports demonstrating that we understand and can help the companies we work with respond to, the trends and developments in the motor retail sector. Our relationships with key industry stakeholders and our completion of the AM100 table all contribute to our knowledge and expertise. Ultimately, all this allows us to help you enhance efficiency and protect profit.
 

How we can help

Our specialist national Motor Retail team includes audit and taxation experts as well as a range of people that will add real value to your business even in the most challenging of times. Whether you are investing, seeking operational efficiencies, making new acquisitions, struggling with recruitment and retention, reviewing your approach to tax or simply hoping to improve cashflow and working capital, you will find the expertise you need in our team.

Specific services we provide to motor retailers include:

• Audit & assurance
• Business restructuring
  • Support underperforming businesses - forecast preparation and review
  • Working capital and cash management improvement
  • Performance and profit improvement
  • Debt restructure and refinance
  • Stakeholder engagement
• Motor dealer specialist tax support
  • Corporation tax compliance and re-organisations
  • Tax due diligence
  • Capital allowance reviews
  • M&A tax
  • Real estate tax
  • Transfer pricing
  • VAT
  • Custom duty
  • Employment tax advice
  • Governance - SAO and CCO advice
  • R&D Tax Credits
  • Tax Technology
  • Employee Car Ownership Plans
• Corporate finance advice and services
  • M&A and transaction support
  • Due diligence and strategic advice
  • Valuations
  • Funding advice
• Risk advisory & fraud prevention
  • Risk advisory and internal control services
  • Fraud prevention and regulation
  • Financial services regulatory advice
  • Data compliance & cyber risk management
  • FCA regulatory assistance and advice

 

We are already helping many businesses like yours and we are confident that we can help you achieve your goals.

Contact us