Shift gears in automotive retail
Automotive retail isn’t just about selling cars. It’s about the whole ecosystem of your dealership and surrounding businesses: your sales team, service team, finance department, and suppliers. If you can’t manage all these pieces, one of them will let you down when business slows.
With auto retail’s shifting landscape, rapid periods of consolidation, innovation, and original equipment manufacturer (OEM) pressures, you need a partner to help you steer the wheel. BDO’s Automotive Retail practice can help you fast-track to a more connected dealership and meet disruption head-on.
Featured insights and offerings for the automotive retail industry
Resources to support your business
Build your war chest: Get ready to buy
The shifting economic realities from the pandemic have caused an upward shift in unit sales for the automotive retail sector, presenting an opportunity for automotive retail dealers to use this capital to invest and expand. Explore strategic steps to opportunity.
Learn more3 ways automotive manufacturers can drive performance with AI
From driverless transportation to in-car shopping and entertainment, Artificial Intelligence (AI) is changing how we see the automotive world. We examine the best use cases for AI and explore three ways auto manufacturers can benefit.
Learn moreLiquidity vs. control: 5 exit options for selling an auto dealership
Choosing the right exit strategy is critical to navigating the sale or transition your dealership business. Learn about the potential benefits and risks of your exit options.
Learn moreBusiness stages for the automotive retail industry
Growth strategies designed to match your business model, your goals, and your expectations.
Grow, expand & acquireModernize the way you run and manage your business to be relevant in today’s digital world.
Evolve, automate & transformGuidance and advice that service the automotive retail industry
Building trust with your stakeholders requires meeting regulatory requirements, adhering to accounting standards, and being transparent with your financial reporting. Our Audit & Assurance teams use their deep industry knowledge and access to the latest data to help you keep up with the ever-changing regulatory landscape, including ESG reporting, complete complex audits, and meet tight deadlines.
A complex transaction invites increased scrutiny to a business's financial reporting. Whether preparing for an IPO, satisfying an investor, or communicating with a private buyer, stakeholders and regulatory bodies expect more from your financial reporting. Our Accounting Advisory team helps you protect the company with both pre and post-transaction support.
In today's fast-paced and highly competitive business world, inorganic growth is an important tool in any company's success. We can help turn your growth goals into strategic pathways. With access to global networks and extensive expertise across industries, our M&A team supports mid-market businesses with acquisition strategy development and execution, sale preparation, divestitures, vendor due diligence, and more.
Each business valuation is based on a unique set of factors—financing, business models, acquisitions, re-organizations, succession plans—and requires a thorough understanding of the industries involved. BDO's Chartered Business Valuators (CBVs) bring extensive experience working with owner-managed businesses to large public companies, always taking the time to understand your business and offering tailored services for individual client needs—from financial and tax reporting to transaction and litigation support to complex financial instruments.
BDO Tax professionals can help you remain compliant and stay on top of new developments. We offer a full range of integrated, multidisciplinary tax services that allow us to address multiple client issues—helping you streamline your tax operations.
BDO's U.S. Tax practice helps businesses and individuals in Canada minimize their U.S. tax burden. Our practice combines the knowledge and experience of tax professionals on both sides of the border, providing personalized service through a single point of contact.