With the growing number of brands, electric cars, ride share services, and government and consumer regulations pointing to what’s coming down the road for Australia, dealership consolidation is a key focus for motor dealers. Tight margins and the entry of international players are also driving them to pursue economies of scale. The industry is high risk/high reward. In many cases it involves assets worth hundreds of millions of dollars and has unique issues demanding specialised knowledge. Dealers have to manage manufacturer relationships and sales targets, sizeable property holdings and consumer disputes when they arise.
Our lawyers understand motor dealers and their needs, providing quick, cost effective, ‘can do’ advice. We understand their risk profile, and tailor our advice to match their business strategy, speaking their language. Our networks within the industry and other service providers from accountants to human resources products enable us to assist on so many levels.