While automotive retail has been deemed an essential service amid government-mandated COVID-19 shutdowns, social distancing and the economic halt have significantly affected revenue and operations for dealerships across the country.
The decisions you make for your business now could be crucial in determining the long-term impact once the coronavirus crisis has subsided.
This checklist outlines key considerations to help you lead your dealership through the coming weeks and months.
How BDO can help
Our automotive industry team understands the challenges your dealership is facing during this time. We are proactively monitoring new developments as they unfold, to help you adapt and respond to the crisis and prepare your dealership business for the future. Check out our COVID-19 resource centre to learn more, or contact:
Shane Weimer, Partner, National Automotive Retail Leader
David Hertzog, Partner, GTA Automotive Retail Leader