Motor 150 Report 2020
19 January 2021
Following an incredibly uncertain year for all, that saw seismic change in operations and the economy, this Motor 150 Report 2020 looks less at retrospective performance and gives more consideration to what the sector will look like in the future. As well as our BDO perspective we also include some thoughts from industry specialists and dealerships as to the outlook, opportunities and challenges that the sector faces.
What has been clear over the last 12 months is that the Motor 150 ‘group’ is a very innovative and resilient part of the economy which resulted in record back to businesses trading from June to the end of the year.
Key highlights from the reports:
- M&A activity has unsurprisingly slowed but there is potential ahead for those with a clear strategy
- Digital innovation pushes cyber security up the agenda
- Why it’s time to take the ESG agenda seriously
- How fast is the pace of change accelerating for electric vehicles?
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If you would like to discuss the report further or any wider sector issues, please contact Steve Le Bas, Partner, Motor Retail team.
Visit our Motor Retail page for more insights in the sector.
View previous reports.