Analysis of the 2022 AM100 list of the UK’s largest franchised dealers shows astounding levels of success.
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Earlier this year, as some of the AM100 groups began filing their 2021 accounts, AM could see that major franchised dealers had clawed their way back up from the hammer blow that COVID delivered in 2020.
But together with our research partners Steve Le Bas and James Evans at BDO, our study of the AM100 as a whole shows the entire cohort grew revenues by 19% - it is largely back to 2019 levels, at £66 billion.
In the whole AM100 only a small handful of groups were unable to increase turnover. Perhaps some of these were partly due to their usually heavy involvement in fleet sales, which bore some of the brunt of the ongoing new vehicle supply issues.