Motivational incentives such as holidays, nights out, office perks or even charity work can pay dividends for car dealers
More UK car dealer groups are trialling product geniuses, higher basic pay or lower bonuses.
The Financial Conduct Authority has published proposals to require dealers to better manage risks of non-compliance in staff's pay and performance management.
Car sales star Wayne Lovick won a trip to attend the World Touring Car Championships in Hungary after racing to Honda's sales charts with the all-new Civic.
There are many areas of motor retail that can be subject to VAT risk and failing to apply the right VAT treatment can lead to assessments for underpaid VAT and the threat of penalties and interest.
Dealers need to tackle the issue of sales commissions and incentives following the pending Financial Conduct Authority (FCA) investigation, dealers will be advised at this year’s AM F&I Compliance Conference next week.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues