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CASE STUDY
Protecting Cash Post Coronavirus Crisis
Premium automotive brand in Northern Europe wanted to assess the immediate and intermediate impacts of the Covid-19 pandemic on its dealer network.
Introduction
ASE Automotive Solutions evaluated the performance of the dealer network based on composite financial performance data making recommendations to sustain at risk dealers..
The Challenge
The unprecedented economic situation meant that although the brand was confident the dealerships would not be exposed in the short-term to cash flow issues it was unclear what the mid-term effects might be.
ASE Approach
The Global Data Services team designed a detailed report to look at the current financial status of dealers, their performance over the past two years and their more immediate Year-to-Date (YTD) and last quarter performance. The report also combined cash flow and balance sheet development information.
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