AM100 retail giant Arnold Clark is facing a £30m rise in annual costs following the tax changes unveiled in Chancellor Rachel Reeves’ first Budget
Caffyns is back in the black with underlying profit before tax at £606,000 following a loss of £566,00 last year.
Perrys Motor Sales has reported a robust financial performance for 2024, delivering profit increases across key areas despite a dip in overall revenue, ongoing supply challenges, and pressure from rising payroll costs.
AM100 dealer group Waylands has reported a rocketing profit performance for 2024 after a trading year in which its new and used car sales volume reached record levels.
Digital marketplace Auto Trader has reported an 8% profit boost to £376.8 million
Greenhous Group said its plan to diversify away from the "normal dealer and manufacturer model" has helped it see a 16% increase in pre-tax profit performance for its annual results to £30.6 million.
Vertu has reported a 15.5% drop in adjusted profit before tax performance to £29.3m for the year, as cost controls and strong aftersales helped offset a weak retail new car market.
Aston Martin is scaling back exports to the United States following President Donald Trump's imposition of steep tariffs on imported vehicles and parts.
Online vehicle logistics company DriiveMe saw record growth in 2024, managing 37,000 new and used vehicle movements throughout the year, marking a 56% increase over 2023.
Swedish electric vehicle (EV) maker Polestar is to align its reporting methodology with industry standards by recording retail sales based on cars delivered to final customers rather than when they are invoiced.
Peter Vardy Group has reported a significant financial loss of £10.93 million in it latest set of financial results, marking a sharp contrast to the previous year's pre-tax profit of £4.8m.
Online platform Auto Trader has posted strong revenue and profit growth within its core business in its latest financial first-half results for the six months ending 30 September.
Carwow has made significant strides toward profitability and expansion, trimming losses to £16.2 million on the back of increased £54.8m revenues.
Perrys managed to finish the year on a high note, demonstrating resilience amid a fluctuating market and rising financing costs.
Vertu Motors has reported strong performance in its used car and aftersales segments, despite the new retail vehicle market faces significant challenges.
Lex Autolease has reported a staggering drop in pre-tax profits of over £400 million, according to newly-filed accounts.
Family-owned car dealership network Holdcroft Motor Group, saw turnover surpassing the £750m mark in spite of facing substantial challenges that impacted overall profitability.
Family-owned John Clark Motor Group (JCMG) has topped £1 billion turnover milestone in its latest figures for 2023 with net profits placing it in the upper quartile for return on sales.
As Inchcape awaits the completion of its Inchcape Retail UK dealer group sale to Group 1 Automotive UK for £346 million, it has revealed a half-year financial performance showing growth in its overseas vehicle distribution and wholesale business.
Vertu Motors' latest first-quarter figures reflected a period of robust growth and strategic progress, boding well for the remainder of the financial year despite the potential impact of zero emissions targets.
