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
Driving auto dealership success
Canadian auto sales: Adapting to the new landscape
The Canadian automotive industry is undergoing a transformation. Here are some key considerations to future-proof your auto dealership.
Navigating cyber insurance
A cybersecurity incident can cause serious damage to automotive retailers. Effectively navigating the cyber insurance claims process is critical in post-recovery efforts.
Our article explores six steps to managing a cyber insurance claim and key operational and financial areas for auto dealers to evaluate post-incident.
Business 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.