annual financial results
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Manufacturer 28 MayNissan restructure follows 2019's worst financial results in 11 years
Nissan is set to close its Barcelona plant as it consolidates its European manufacturing operations in Sunderland as part of cost-saving measures designed to achieve a 5% profit margin within four years.
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News 27 MayBig Motoring World eyes future growth after 34% profit rise in 2019
Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
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Car Dealer News 24 AprLookers widens fraud investigation after initial findings result in £4m charge
Lookers will expand its internal fraud investigations to its entire business after initial findings from one of its operating divisions resulted in an expected one-off charge of over £4 million in its 2019 financial results.
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Market Insight 26 MarCoronavirus prompts three-month Companies House accounts filing extension
Companies House has announced a three-month extension to the to the year-end accounts filing deadline in response to the impact of COVID-19 coronavirus.
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Car Dealer News 18 MarPendragon braced for coronavirus after £117.4m 2019 loss after tax
Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
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Car Dealer News 12 MarLookers’ chief operating officer resigns amid falling share prices
Lookers’ chief operating officer Cameron Wade has resigned his post with immediate effect as share prices at the AM100 car retail group declined to a record low.
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Car Dealer News 10 MarLookers delays annual financial results due to fraud investigation
Lookers has revealed that it will delay the publication of its 2019 annual financial results after finding evidence of potentially fraudulent transactions in one of its operating divisions.
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Car Dealer News 10 MarMarshall revenues rose 4.1% to a record £2.28bn in 2019
Marshall Motor Holdings reported revenues rose for a fifth year since its IPO, rising 4.1% to £2.28 billion in the AM100 car retailer group’s latest set of annual financial results.
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Car Dealer News 27 FebInchcape boosts 2019 turnover and profit with business disposals
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
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Manufacturer 26 FebPSA Group looks forward to 'new era' after record 2019 financial results
PSA Group chairman Carlos Tavares has said that he is “eager to enter a new era” following the merger with FCA Group after revealing details of record financial results in 2019.
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Car Dealer News 26 FebStoneacre Motor Group financial results reveal 24.9% turnover growth
Stoneacre Motor Group has revealed detail of a 24.9% turnover increase in annual turnover and a 31.2% increase in pre-tax profits in annual financial results to April 31, 2019.
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Car Dealer News 7 Feb‘Powerful US performance' drives Group 1 to record financial results
Group 1 Automotive boss Earl J. Hesterberg has said that the retail group had been able to overcome “serious challenges presented by Brexit uncertainty in the UK” in 2019 thanks to its “powerful US performance”.
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Car Dealer News 5 FebMitchell Group reports 13.6% profit before tax rise in 2019
Mitchell Group has reported an 8.6% rise in turnover and 13.6% rise in profit before tax to defy a challenging car retail market at its Cheshire Oaks multi-brand dealership site in 2019.
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People News 5 FebLookers targets ‘improved operational execution’ under new CEO
Lookers Group will target “improved operational execution” in 2020 following the appointment of Mark Raban as its new chief executive and Cameron Wade as chief operating officer.
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People News 3 Feb
Inchcape chief executive Stefan Bomhard resigns post at AM100 PLC
Inchcape chief executive Stefan Bomhard has resigned his post with the car retail and import business to take up a position as the chief executive of Imperial Brands.
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Car Dealer News 24 JanVantage reveals declining 2018 profits following MBO
Vantage Motor Group has published details of a 14.3% decline in profit before tax in a set of 2018 financial results published a month after its acquisition in a management buy-out (MBO).
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Car Dealer News 23 JanCrown Motors adds Suzuki franchise to Hendon Honda dealership
Crown Motors joined the Suzuki GB franchise with the opening of a new dealership location within its existing Honda showroom in Hendon, Essex.
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People News 17 JanGlyn Hopkin operations director Stuart Hodson leaves business
Glyn Hopkin operations director Stuart Hodson has left the business to “pursue other opportunities” two years after taking up the post with the Romford-based retail group.
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Car Dealer News 7 OctSytner Group remains on the rise with record 2018 revenues and profit
Sytner Group has reported a 7% increase in turnover and 14.2% rise in pre-tax profitability as it delivered a record set of annual financial results in the year to December 31, 2018.
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Car Dealer News 7 OctPeoples Ford boss repeats no deal Brexit ‘Armageddon’ warning
Peoples Ford chairman Brian Gilda has repeated his warning that a no deal Brexit will trigger “Armageddon” for UK industry as the group announced its latest set of annual financial results.
