A few small ideas to help you add to your bottom line and enhance your balance sheet:
Dealerfloor chats to Jaun Marais (photo), Operations Executive at the Hatfield Motor Group, about their recent expansion of GWM dealerships and his plans and passion for the Chinese brand, which has become a vital part of the group’s product offering and business success.
Pass Competence has added a new tool to its box of training solutions that could benefit vehicle dealerships. The company, specialising in training and compliance with an international footprint, now offers E-Learning as part of its training capacity.
Volvo Trucks South Africa hosted its annual Top Achiever Awards, recognising excellence among its dealers and staff with winners in 20 categories.
Eurico Stork began his working career as an apprentice truck technician at Hino Pietermaritzburg in 2014 and soon after qualifying was promoted to workshop supervisor for the next two years.
The ‘kappie’ (canopy) for a ‘bakkie’-industry in South Africa has also had its fair share of change and turmoil over the last two decades.
Volkswagen South Africa (VWSA) is exploring its options of multi-franchise facilities with other brands.
Staff costs are the largest overhead in many dealerships. Whilst simply comparing the costs over different periods will give you a broad idea of where the costs are, it will not give you much information on the efficiency of your non-GP generating staff.
In the heart of the broader Johannesburg is a family business that’s been flourishing for 42 years now. The Eagle Corner Group started out as a Ford dealership and Eagle Ford became a household name.
GWM South Africa hosted its Dealer Conference and Awards, an annual event that not only celebrated the company’s top-performing dealerships but also heralded the arrival of three new vehicles.
The Digi Cars Group opened an Omoda & Jaecoo dealership in Melrose Arch as part of the group’s expansion plans to increase its dealership range.
If treated as a cost, it simply flows through the income statement and once expensed, it generally is forgotten about after the month in which it is expensed. From a tax and accounting perspective it is processed as an expense and when one needs to cut expenses, it is often one of the first expenses to be reduced.
“And for now it may be the first, but not the last time…” Well, this ‘statement of intent’ from Luke Dreyer (Dealer Principal at BMW Midrand) during an interview with Dealerfloor last year, proves to be spot on.
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A light on my car’s dashboard came on, and instead of fixing the problem, I waited for the bulb to burn out. Crisis solved.
Jarod Kintz