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Cash is king: why now's the time for a property tax review ...

https://www.am-online.com/opinion/2020/09/11/cash-is-king-why-now-s-the-time-for-a...

Furthermore, if a LRTR claim results in the company making a loss in the accounting period it may surrender that loss and receive a payable tax credit from HMRC. The rate of the credit, 16% of the qualifying land remediation loss foregone, has not been adjusted since inception and is thus very favourable compared to current Corporation Tax rate ...

NFDA will help dealers boost web, social and press ...

https://www.am-online.com/news/dealer-news/2021/02/08/nfda-will-help-dealers-boost-web...

A partnership with digital agency Blue Mantis will provide NFDA members with a tailored performance report of their website. The report gives an overall score to the website with further details for five sections including website speed, links, technical aspects, content and Google My Business.

WLTP - AM-online

https://www.am-online.com/tag/wltp

Loss-making Audi and Volkswagen sites cause Caffyns profits slump. 2019 half-year pre-tax profits at Caffyns have plunged 92% from the same period in 2018 as it battled Volkswagen and Audi supply problems and “a difficult economic and political background”.

Motorpoint grows pre-tax profits despite COVID lockdown ...

https://www.am-online.com/news/dealer-news/2020/11/26/motorpoint-grows-pre-tax-profits...

Half-year pre-tax profits have increased by 3% to £9.7 million this year at the UK's largest used car supermarket chain Motorpoint. That was despite the spring COVID lockdown, which hit its revenues hard as showrooms and preparation centres were closed between April and June.

Trade Centre Group ‘nearing completion’ of Rotherham used ...

https://www.am-online.com/independents/news/2021/01/25/trade-centre-group-nearing...

The Trade Centre Group has almost completed the development of its seventh used car supermarket site from a former B&Q and Homebase DIY superstore in Rotherham, South Yorkshire. A planning application for the freehold site – approved by Rotherham Borough Council ahead of the first COVID-19 ...

Pendragon completes £16.3m sale of JLR dealership in ...

https://www.am-online.com/news/dealer-news/2021/02/01/pendragon-completes-163m-sale-of...

Pendragon has completed the £16.3 million sale of its Hornburg Jaguar Land Rover (JLR) premium car dealership in Los Angeles, California. The deal, first announced back in September last year, has seen Triunity Automotive Group take control of the operation, as planned. A statement issued via the London Stock Exchange this morning (February 1) said: “Further to the announcement on 07 ...

Chancellor’s 2020 Budget: the automotive sector reaction ...

https://www.am-online.com/news/market-insight/2020/03/12/chancellor-s-2020-budget-the...

“Moreover, whilst Corporation Tax remains at its lowest level for many years at 19% the pre-budget announcement that it was not to reduce further to 17% is also a disappointment.” At Cap HPI Andrew Mee, head of forecast, said that the 2020 Budget appeared to be a good budget for the automotive sector.

Pendragon's digital car sales strategy targets £85m to £ ...

https://www.am-online.com/news/dealer-news/2020/09/02/pendragon-s-digital-car-sales...

Pendragon will rebrand and restructure its Car Store used car division while driving digital innovation in a new growth strategy which it hopes will deliver an underlying profit before tax of £85m to £90m by 2025.

April tax rules could mean consumers opting for used cars ...

https://www.am-online.com/news/market-insight/2017/03/14/new-tax-rules-could-mean...

The new car tax laws are putting drivers off buying new cars. Forty per cent of drivers in a Confused.com survey say that the new rules would discourage them from purchasing a car with a 2017 plate. And, while the only way out of paying car tax is to buy a car with zero emissions, under a quarter (23%) of drivers would consider buying an ...

Sytner opens its largest CarShop used car supermarket in ...

https://www.am-online.com/news/dealer-news/2020/12/07/sytner-opens-its-largest-carshop...

The Sytner Group has completed the latest expansion of its CarShop used car supermarket division with the opening of its largest retail site to date – a “multi-million pound” facility in Nottingham.

Lookers focuses on recovery after H1 2020 results reveal £ ...

https://www.am-online.com/news/dealer-news/2021/01/29/lookers-focuses-on-recovery...

Lookers has recommenced shares trading on the London Stock Exchange following publication of interim financial results which revealed a £50 million loss in a COVID-impacted H1, 2020. The AM100’s second placed car retail group suffered a 40% decline in revenues, to £1.56bn, and a 355.1% decline ...

Shelbourne Motors (Portadown) Ltd - AM-online

https://www.am-online.com/tag/shelbourne-motors-portadown-ltd

Shelbourne Motors celebrates 20.5% increase in 2019 pre-tax profits. Shelbourne Motors has marked the first anniversary of the opening of its £5 million multi-brand car dealership in Newry with a 20.5% increase in pre-tax profits in its 2019 annual financial results.

Making Money: car sales | Market Insight

https://www.am-online.com/news/2012/2/15/making-money-car-sales/30478

The UK’s leading event for motor retailers is going VIRTUAL. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Failure to re-open car showrooms in Q1 to impact jobs and ...

https://www.am-online.com/news/dealer-news/2021/02/09/failure-to-re-open-car...

Car retail bosses have voiced concern that a failure to re-open car showrooms in-time for the March number plate change will impact jobs and the economy, claiming "politicians have no understanding of business”. The Society of Motor Manufacturers and Traders (SMMT) and National Franchised Dealers ...

AM100 roundtable: ‘Nobody knows what the FCA will rule ...

https://www.am-online.com/dealer-management/talent/am100-roundtable-nobody-knows-what...

Smyth suggested that BCA could try to make retailers’ online marketing slicker, in return for a share of their marketing spend with its new consumer-facing online marketing platform, Cinch. Offering vehicles of up to seven years old and 70,000 miles from a “trusted dealer network”, the platform asks visitors a number of questions about ...

Why the Apple car and new Chinese EVs are the tip of the ...

https://www.am-online.com/news/dealer-news/2021/01/13/why-the-apple-car-and-new...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Snows Motor Group CEO Stephen Snow on becoming 'leaner and ...

https://www.am-online.com/dealer-management/dealer-profiles/snows-motor-group-ceo...

Although the value of sales has grown by almost 286% since then, Snows has delivered varied profitability in its quest for more scale, with a loss before tax in 2017 marking the decade’s low point. Snow said the group’s 2019 accounts – delayed by the COVID-19 pandemic – would show a turnover up 17.8% at £432 million, alongside a pre ...

COVID-19 impact prompts Jardine Motors restructure and ...

https://www.am-online.com/news/dealer-news/2020/07/07/covid-19-impact-prompts-jardine...

Jardine Motors Group has confirmed that it has opened consultation over redundancies as part of a restructure prompted by COVID-19. The process began yesterday (July 6) as part of sweeping changes which, AM understands, will include the closure of the group’s Milton Keynes headquarters and a satellite facility in Colchester.

Vertu Motors to reduce employee headcount by 345 to ...

https://www.am-online.com/news/dealer-news/2020/07/14/vertu-motors-to-reduce-employee...

Vertu delivered an adjusted profit before tax of £9 million in June – ahead of the prior year and above the Group's original business plan of £8.6m – having incurred an adjusted loss before tax of £14.2m in the March to May period.

Roger Young and JF & E Hadwin are Jaguar and Land Rover's ...

https://www.am-online.com/news/dealer-news/2021/02/11/jf-and-e-hadwin-and-roger-young...

JF & E Hadwin’s Settle Land Rover dealership and Roger Young’s Plymouth Jaguar car retail operations have been named as Jaguar Land Rover’s (JLR) dealers of the year for 2020. JF & E Hadwin pipped Duckworth Motor Group’s Market Rasen operation and Roger Young Plymouth to the Land Rover title ...

Vantage Motor Group celebrates record turnover | Car ...

https://www.am-online.com/news/dealer-news/2016/08/17/vantage-motor-group-celebrates...

Vantage Motor Group has seen its turnover rise above £200m for the first time as the business added five new sites 2015. The group invested a total of £15.8m expanding its portfolio from 19 to 24 franchised dealer sites in the year ended December 31, with Honda Bradford and Skoda Morecambe added before the end of February.

Ford car retail network cuts lead to £30m TrustFord ...

https://www.am-online.com/news/dealer-news/2020/11/20/ford-car-retail-network-cuts...

TrustFord’s Alperton dealership site has been offered for sale as the Ford of Britain-owned AM100 car retail group consolidates as part of the brand’s plan to close almost half of its UK franchised retail sites.. Trustford chairman and chief executive, Stuart Foulds, confirmed the move had come as part of the Ford brand’s rationalisation strategy, but said that a brand new 20-bay ...

Automotive retail taking a 'wait and see' approach to ...

https://www.am-online.com/news/dealer-news/2019/08/08/automotive-retail-taking-a-wait...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Eight questions to…Colin Hutton, fleet director at Vindis ...

https://www.am-online.com/dealer-management/talent/eight-questions-tocolin-hutton...

Digital marketing; Finance and insurance ... in 2019 we will see products arrive that will be competitively priced and will have a range that will make them attractive to all users. The challenge is making people aware of how easy they will be to use in real life and actually, in many instances, make life easier and more cost-effective ...

Budget 2015: the main points | Latest News

https://www.am-online.com/news/2015/3/18/budget-2015-the-main-points-and-comment/38079

Budget 2015 highlights, 59 minutes in length - and 50 days from the general election. > Company car tax rates for 2019/20: The appropriate percentage of list price subject to tax will increase by three percentage points for cars emitting more than 75 grams of carbon dioxide per kilometre (g/km), to a maximum of 37%, in 2019/20.

Video content makes Carwow debut | Digital Marketing

https://www.am-online.com/news/digital-marketing/2016/04/07/video-content-makes-carwow...

Throughout 2016, the team plans to film in-depth consumer reviews of more than 100 cars and make use of 360-degree cameras to give would-be buyers the ability to ride along on a test drive without leaving the house. The videos will even feature close-up infotainment reviews and overviews of how much can fit in the boot of each car.

State support sought to help dealers with 2030 ICE car ban ...

https://www.am-online.com/news/dealer-news/2021/01/04/state-support-sought-to-help...

There needs to be long-term planning on tax benefits and incentives that will allow us all to plot the way forward.” Prime Minister Boris Johnson announced the plan to end the sale of new petrol and diesel cars by 2030, and hybrids by 2035, in November, in line with Committee on Climate Change (CCC) recommendations.

Low risk car showrooms should open in lockdown, dealers ...

https://www.am-online.com/news/market-insight/2020/11/02/low-risk-car-showrooms-should...

Car dealers are arguing that their showrooms should stay open during the new lockdown announced by the UK Government at the weekend. After Prime Minister Boris Johnson stated non-essential retailers should close from November 5 to December 2, automotive trade bodies urged the UK Government to allow the motor industry to continue trading.

Inchcape UK recognises 'phenomenal' Ben support with £ ...

https://www.am-online.com/news/dealer-news/2021/01/13/inchcape-uk-recognises...

Inchcape UK chief executive James Brearley described the support delivered by automotive sector charity Ben as “phenomenal” as the AM100 car retail group made a £10,000 donation to the cause.. Yesterday (January 12) Ben revealed that it was adopting TrustFord’s Breakout for Ben fund-raising challenge and taking the event industry-wide in a bid to plug a £1 million funding shortfall ...

Transport Supervisor | Transport Manager Jobs

https://www.am-online.com/jobs-container/transport-supervisor-2

Job Title Transport Supervisor Reports to Job Title Location Markham Vale 1 - Chesterfield, Derbyshire, DBY S44 5HY GB (Primary) Category Transport Job Type: Full-time Job Description Job Title: Transport Supervisor Site: Markham Vale 1 Shifts: 4 on 4 off Nights 6pm to 6am The Role To contribute to the success of the Great Bear Transport Department at Markham Vale 1, by the efficient planning ...