The Australian Automotive Dealer Association is launching its DealerNomics’ economic data mapping tool in Canberra tonight.
DealerNomics will be the new car dealer’s resource for demonstrating to governments how much the business contributes to the local economy and community, as well as at a state and electorate level.
Small and family business minister Craig Lundy will announce the DealerNomics resource at Parliament House tonight before automotive industry members.
According to the AADA, Australia’s new car dealerships pay $6 billion in wages to over 69,000 employees and another $4 billion in expenses back into the economy.
This is in addition to $642 million in revenue from new vehicle registrations and $2.4 billion paid in tax.
AADA chief executive David Blackhall says the tool, which has been developed with professional services business BDO, will put dealerships on the political front foot.
“The DealerNomics tool shows that new car dealers make a total economic contribution of $14.9 billion to the economy and employ about 70,000 countrywide”, he says.
“New car dealerships are located in federal electorates across Australia and we are determined to give legislators an idea of our economic impact as they consider regulatory issues which affect this important industry,” Blackhall adds.
The AADA wants to put into perspective the pertinence of dealerships in the post carmaking era.
“The cessation of passenger vehicle manufacturing in Australia has created the perception that there is no longer a local automotive industry. Nothing could be further from the truth,” Blackhall concludes.
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