The Automotive Industry is one of the most important industries in the U.S. economy. In fact, one of every seven jobs is related directly or indirectly to the automotive industry. The industry is composed of several large manufacturers where scale and efficiency are important to keep costs down and enhance profit margins. The most important characteristics of the automobile industry consist of financing, leasing, and gross margin relationships. The automobile industry is extremely capital intensive which entails large investments in equipment and facilities. Because of this capital intensive environment, it is more important that auto dealers work with accountants and a business advisor who knows auto dealerships.
This is where Jackson, Rolfes, Spurgeon & Co. can help. Our firm has been committed to the automobile industry for many years. We are actively involved in the Greater Cincinnati Auto Dealers Association and internally we have an Auto Focus Group. By focusing strictly on the automobile industry, they are experts in the trends, issues, concerns, and needs of the industry. It just makes good sense when an auto dealer is looking for accountants and business advisors to choose one who knows the business.
Services we provide:
To learn more about how we serve the automobile industry, please contact us and ask for Jeff Oehler, who heads our Automotive group.
