Dealer profiles - Page 37
News
Cazoo founder 'incredibly proud' of achievements, despite 2022's £704m loss
Cazoo founder Alex Chesterman said he was “incredibly proud of everything the team at Cazoo has achieved” in a financial results statement that revealed the online used car retailer’s £704 million losses for 2022.
Rainworth Motor Group targets expansion after Skoda Retailer of the Year win
Rainworth Motor Group is on the lookout for “sleepy” car retailers in need of operational improvement as it targets growth through acquisition after winning Skoda UK’s Retailer of the Year award.
Inchcape’s ongoing car distribution focus delivers 50% profit growth
Inchcape chief executive Duncan Tait has highlighted the success of the automotive PLC’s “portfolio shift towards distribution” as it reported a near-50% growth in profits in its 2022 annual financial results.
AM News Show - driving efficiency: Chris Roberts & Darren Riva talk energy and business strategy
Car retailers have been advised to act now to formulate long-term energy and business strategies after the UK energy crisis left operating expenses and employees stretched to "breaking point".