| Canadian automobile dealerships continue to be faced with challenging issues. The high price of fuel, the rise and fall of the Canadian dollar against the U.S. dollar, the economic turmoil in the U.S., all affect the new and used vehicle market. The financial situation of a new car dealership is directly related to the level of consumer confidence and the state of the Canadian economy. As many dealers have observed, the car business is rapidly changing and Canadian automobile dealerships must adapt to survive and prosper.
At Wolrige Mahon LLP, our Dealership Services Group has been advising automobile dealerships of all sizes for over three generations, through good and bad economic cycles. Our staff in the Dealership Service Group have a special interest in the car business and the experience to assist dealerships in these challenging times.
Our automobile dealership services include:
- Assurance and audit
- Corporate finance
- Corporate structuring
- Dealership acquisitions
- Divestiture planning
- Real estate management strategies
- Succession planning
- Transactional tax services
For more information about these services, contact Walter Gfeller or Armando Maglio.
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