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Marshall reports first financial results since Constellation takeover
Marshall Motor Holdings has reported 74.6% turnover growth and a 354.4% rise in pre-tax profit in its first financial results since the acquisition of Motorline and privatisation by new owner Constellation Automotive.
FCA Consumer Duty: time to ‘make a plan and do what it says’
Automotive retail business have been reminded that they have until the end of October to ‘make a plan and do what it says’ to comply with the Financial Conduct Authority’s (FCA) new Consumer Duty regulations.
Used car price rise continues despite economic turmoil, reports Auto Trader
Used car prices rose by 2.17% on Auto Trader as new car supply constraints continued to drive a buoyant market in September.
CMA recommends new UK-specific automotive sector Block Exemption regulations
The Competition and Markets Authority (CMA) has written to the Secretary of State recommending the introduction of new, UK-specific block exemption regulations for the automotive aftermarket.
Vertu CEO says group could grow ‘anywhere at any time’ as it scales the AM100
Vertu Motors chief executive Robert Forrester has said that the car retail giant could grow “anywhere at any time” after revealing H1 results which suggest it is scaling the AM100 rankings.
Economist Rebecca Harding joins AM Live line-up to guide dealers through tough economy
Dr Rebecca Harding, an advisor to the Council of the Society of Professional Economists and former chief economist of the British Bankers Association, will deliver a keynote presentation at Automotive Management Live next month to help guide motor retailers through the turbulent economic conditions.
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