ASE
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Market Insight 13 JanCar dealers ‘smash’ historical trends with £50,000 November profit
Car dealers “smashed” historical automotive retail trends to record a net £50,000 profit in November, according to the latest sector KPIs published by ASE.
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Market Insight 18 Nov
Average car dealer saw 189.7% profit rise in September, ASE reports
The average UK car retailer saw their monthly profit soar by 189.7% year-on-year in what the SMMT had described as a “desperately disappointing September”, according to ASE.
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People News 12 NovLSH Auto appoints former Mazepoint and ASE director Tracy Ellam
Former Mazepoint and ASE director Tracey Ellam is looking forward to putting her “experience in business intelligence” to good use at LSH Auto UK after joining the car retail group as operations director.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Market Insight 8 Feb
Car 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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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”.
