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AM COVID-19 franchised car retailers' OEM and state support survey
1.
Do you expect your dealership/group to make redundancies as a result of the financial impact of the COVID-19 coronavirus?
Yes
No
2.
Do you expect UK Government support for the UK’s new car market post-lockdown, to incentivise buyers?
Yes, a scrappage incentive scheme
Yes, but lesser, non-scrappage, support such as tax incentives
No, the UK Government won’t want to incentivise car sales
No, state support is not needed
3.
How do you expect the current VAT rate to change as a consequence of COVID-19’s impact?
A decrease, to stimulate consumer spend
An increase, to raise state revenues
No change
4.
Do you believe your OEM franchise(s) has been doing enough to support your business during the COVID-19 coronavirus crisis?
Yes
No
5.
Which of the following measures has your OEM franchise put in place in a bid to mitigate against the financial impact of the crisis on your business?
New car sales paid at highest earning level, full percentage
Parts targets paid at highest earning level
Finance targets paid at highest level
Pay runs brought forward to assist with cash flow for bonus earnings
All dealer standards on hold (demonstrator requirement, training, etc.)
All capital payments and interest charges on hold (demonstrator, new car stock, etc.)
6.
Which of the following would you rate as the biggest concerns in your current OEM franchise relationship (choose two) for the remainder of 2020?
Stock shortages
Inappropriate stock mix
Over-ambitious sales targets
Ongoing CI demands
Non-payment of volume bonuses
Lack of communication/guidance on trading environment
OEM direct sales
No concerns
7.
Please leave any comments or observations on the issue of car retail sector support here:
Current Progress,
0 of 7 answered