ASE
-
Market Insight 9 Sep‘Phenomenal’ used car performance drives dealers' 27.5% July profit boost
Car retailers enjoyed a 364% year-on-year increase in profits during July as appreciating used car values boosted the sector, according to ASE.
-
People News 6 SepUHY Hacker Young appoints former ASE partner Ian McMahon
UHY Hacker Young has announced the expansion of its automotive team with the appointment of experienced ex-ASE partner Ian McMahon.
-
Opinion 16 AugAgency or not, data will determine the value in automotive retail, opinion
While the automotive industry attempts to keep day-to-day operations running, it is having to evaluate the megatrends and decide where to place its big bets.
-
Market Insight 12 Aug
Car dealers face 'double-hit to profits' after June's record return on sales
Car retailers delivered a record return on sales of 2.13% in the rolling 12-month period to June 2021, according to the latest market data from ASE.
-
Retailing 10 MayA future for regional motor retailers
Experts from ICDP, ASE and UHY Hacker Young respond to suggestions that motor retail's evolution could leave 'regional hero' dealer groups vulnerable.
-
Supplier News 6 May
ASE Automotive Solutions acquired by Canadian software investment firm Valsoft
ASE Automotive Solutions has been acquired by Canadian software investment firm Valsoft.
-
Retailing 12 AprLockdown lessons: Franchised car dealers’ OEM relationships under the spotlight
It’s fair to say the past 12 months have been challenging for the car retail sector.
-
Market Insight 8 FebCar retailers’ 0.94% 2020 return on sales ‘a very strong performance’
Car retailers' average return on sales (RoS) of 0.94% during a heavily COVID-19 impacted 2020 has been hailed as “‘a very strong performance” by ASE chairman Mike Jones.
-
Market Insight 12 Jan
New COVID-19 lockdowns render car retail profit growth ‘unachievable’
The emergence of the more virulent strain of COVID-19 coronavirus and renewed lockdown restrictions made the average car retailers’ bid to match their 2019 profits “unachievable” last year.
-
Market Insight 8 Dec
Dealers’ ‘stunning’ used car sales recovery drove £53,000 October profit
Car retailers delivery of a “stunning” used car sales performance recovery from the depths of H1’s COVID-19 lockdown helped to deliver an £53,000 average profit in October, according to ASE.
-
Market Insight 1 DecVRA provides Brexit briefing in 2021 Outlook Seminar series
A Brexit briefing is to be provided by the Vehicle Remarketing Association (VRA) in its penultimate 2021 Outlook Seminar.
-
Latest News 16 NovHMRC opens consultation on Making Tax Digital for Corporation Tax
HMRC has opened a consultation period for feedback on its plan to roll-out its Making Tax Digital (MTD) platform for corporation by April 2026.
-
Latest News 11 Nov
HMRC opens Coronavirus Job Retention Scheme (CJRS) claims period
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
-
Latest News 10 NovVRA webinar to address vehicle retailing in 2021
The Vehicle Remarketing Association (VRA) will look to address concerns surrounding COVID-19 and the impact of Brexit in its upcoming Vehicle Retailing in 2021 webinar.
-
Market Insight 6 Nov
Car dealers ‘in touching distance’ of 2019 profits post-September
UK car retailers were “within touching distance” of the profitability achieved in 2020 after £110,000 profit-per-site in the key number plate change month of September, according to ASE.
-
Supplier News 20 OctASE Automotive Solutions opens Australian office
Automotive industry advisor ASE Automotive Solutions has opened an office in Sydney, Australia, as part of its on-going global expansion.
-
Manufacturer 9 OctFord retailers’ Brexit VAT issue concerns branded as ‘scaremongering’
Suggestions that Ford car retailers could go out of business as the result of a Brexit-related change to the brand’s VAT invoicing have been branded as “scaremongering”.
-
Manufacturer 8 OctFord dealers need £750,000-per-site to solve post-Brexit VAT issue
Ford retailers who are unable to find £750,000-per-dealership site to fund a post-Brexit change to the brand’s VAT invoicing regime could be forced out of business, it has been claimed.
-
Market Insight 6 Oct
Car dealers delivered positive £28,000 profitability ‘swing’ in August
The average UK car retailer delivered a £28,000 year-on-year swing to profitability in August to ensure “a profitable 2020 seems very much in reach for the average retailer”, according to ASE.
-
Supplier News 2 OctASE Automotive Solutions secures global JLR consultancy agreement
ASE Automotive Solutions has secured its largest international agreement with Jaguar Land Rover.
