ASE
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Market Insight 6 AugCar dealers endured 31.7% year-on-year June profit decline
Car retailers recorded an average decline in profit of 31.7% during June as the average sum earned declined by £13,000 to £28,000 during the month, ASE has reported.
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Market Insight 5 JulMay markets left franchised dealerships with average £10,000 loss
Franchised dealer profit figures for May show on average a loss of almost £10,000 per site, according to data from ASE
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Market Insight 13 Jun
Car dealers made an average £5,000 profit in April, reveals ASE
Car dealers registered a “marginal” year-on-year improvement in profits during April, according to ASE – the month’s average total amounting to £5,000.
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Supplier News 9 May
ASE chairman Mike Jones to present at Automotive Retail Congress
Mike Jones, chairman of ASE, is the latest industry expert lined up to help dealer and manufacturer directors better understand the opportunities ahead at the Automotive Retail Congress.
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Market Insight 2 May
Car dealer profitability rose 4.4% in March, ASE report
Car retailers improved their profitability by 4.4% year-on-year to an average of £118,000 during March, according to the latest data published by ASE.
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Market Insight 4 AprFord's March registrations falter as Volvo joins budget brands in sales success
Ford sold more than 9,500 fewer cars during March to top to the table of the month’s biggest registrations decline by volume during the crucial ‘plate change month.
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Car Dealer News 3 Apr
Car dealers recorded £19,600 loss in February, reports ASE
Car retailers were unable to take advantage of a milder February on their forecourts as profitability statistics published by ASE showed a £19,600 loss during the month – matching 2018’s performance.
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Market Insight 6 Mar
Dealer profits had a boost in January, says ASE
Dealers have started 2019 with a rise in profits, according to data collected by ASE.
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Finance 5 MarFinancial Conduct Authority's motor finance review suffers from outdated information, claims FLA
Motor industry groups have given a mixed response to yesterday’s report from the Financial Conduct Authority, which highlighted certain dealer reward structures in motor finance and a need for clarity about commission payments.
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Market Insight 6 FebCar dealers ‘maximise opportunities’ to achieve £2,900 December profit
Car dealers showed their ability to adapt to challenging market conditions by achieving an average profit of £2,900 during December, ASE has reported.
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Market Insight 8 Jan
Car dealers improve November profitability by £10,000
Car retailers avoided a repeat of the record losses incurred during November 2017 with their trading during the penultimate month of 2018, but still posted an £8,500 average deficit.
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Market Insight 5 DecDealers made money in October but profitability remains in decline
Franchised dealer profits in October were up by £7,500 in October year-on-year, after a £1,500 loss in October 2017, said ASE Global.
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Market Insight 7 Nov
WLTP blamed for car dealers’ £20,000 September profitability decline
The September 1 introduction of Worldwide Harmonised Light Vehicle Test Procedure (WLTP) has been blamed for a 20% slump in car dealership profits during the key ‘plate-change month.
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Market Insight 2 Oct
Car dealer profits will not ‘catch-up’ until March 2019, warns ASE
Buoyant car registrations resulting from the September switch-over to WLTP and RDE fuel economy and emissions tests saw car dealers defy the usual August slump with a £200 average profit, ASE has reported.
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Car Dealer News 28 SepASE joins Dealer Solutions to facilitate overseas acquisitions
ASE has launched a joint venture with Dealer Solutions North America to help North American motor retail groups buy UK dealerships.
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Market Insight 5 Sep
Car dealers reduced July losses by almost £5,000, ASE reports
Car dealers reduced their July losses by almost £5,000 year-on-year to “emphasise improvements made over 2017”, ASE’s monthly profitability report has shown.
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Retailing 14 AugThe future of motor retail
AM asks a range of experts what selling cars in 2030 will look like
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Car Dealer News 2 Aug
Average dealer profitability up 74% in Q2, says ASE
UK dealers saw profitability increase by 74% during Q2 this year, despite a slight slip in June’s performance, according to the latest figures from ASE.
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Finance 18 JulHMRC gives clear message of VAT treatment of car dealer deposit contributions
HM Revenue & Customs (HMRC) decides dealer deposit contributions are not subject to VAT and invites claims to recover overpaid output tax.
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Market Insight 9 Jul
Franchised car dealers reverse 2017 losses into a small profit in May - ASE
The average UK motor retailer delivered a profit of just under £265 in May, compared to an average loss of £17,000 the previous year.
