Insights and reports

Webinar Replay: Outlook for Automotive Retail during and after COVID-19

Written by Tyler Duffield on September 2, 2020

The IFT webinar replay: ‘Outlook for Automotive Retail during and after COVID-19’ is now available.

The Chairman of ASE Global, Mike Jones, discussed the impact of Covid-19 on the UK Automotive industry and what this means for businesses as we work towards coming out of lockdown. Mike will also cover some other aspects that are likely to effect the automotive industry over the course of the next year.

Mike is one of the industry’s leading experts on dealer profitability and heads up ASE’s work to analyse retail performance across a range of key markets.  Mike speaks regularly at events around the world on the industry landscape and the opportunities and challenges for dealers.  As well as profitability, he is an expert on digital dealership models, and how these are set to disrupt the automotive retail landscape.

Andrew Beckett of Kroll, a division of Duff & Phelps specialising in Risk management, gave an insight into the Cyber issues threatening the sector and the impacts this can have on businesses.

This session was then be concluded by a Q&A session hosted by Paul Smith including both of our previous presenters.

To access this replay please contact: tduffield@the-ift.com

Turnaround, the economy and people

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56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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