Vertu chairman Peter Jones will tell this morning’s car retail group AGM that the group experienced profit declines of £2.3 million from new car sales and £1.1 million from use in the four month period to June 30.
Lookers has reported growing turnover and profitability across new and used car sales and its aftersales operations in a trading update announced at its AGM today.
Vertu Motors has said the group’s aftersales profitability and has helped the business remain ‘resilient’ despite a downturn in consumer confidence in Q2.
Cambria Automobiles plc has “maintained its momentum” following a strong showing in the last financial year, according to a statement issued ahead of the group’s AGM.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
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