Motor 150 Report 2024
Motor 150 Report 2024
Successfully handling challenges, both internal and external, has always been a core skill of any motor retail business. The industry may have successfully navigated a pandemic and all the disruption that came with it, but now there are a multitude of new, and just as significant, challenges that retailers must tackle.
In addition to revealing the aggregated performance of the top 150 groups in the UK, this year’s BDO Motor 150 Report looks at the range of factors that are causing a further shift in the landscape for motor retailers. We also consider:
- What's the current view from the first major market to adopt the agency model, Australia?
- The manufacturers' perspective
- Whether the recent Budget announcements will put the brakes on business
Importantly, the report also highlights the top priorities for dealers in the coming year.
At BDO, we work closely with the motor retail sector and with businesses of all sizes - from single-site dealerships to large, listed groups. Our insights are also informed by strong relationships with key industry stakeholders, active participation in webinars and events, and involvement in the AM Awards.
If you would like to discuss the Motor 150 Report further or any wider sector issues, please contact Chris Bond, Head of Motor Retail or any of the motor retail team.