ASE has launched a used vehicle management tool called MiProfiler+.
The average March profit for a franchised dealership reached a record in 2016 of £98,900, a 6.5% increase on the prior year.
The average UK motor dealer made a loss of just over £13,400 in February, matching the 2015 result.
Franchised dealers worked harder for smaller returns in 2015.
Dealers have been warned that resolving compound interest claims may take ‘longer than expected’ after the HMRC were given leave to appeal the Littlewoods case at Supreme Court.
Professional services provider ASE has been recognised among the top seven per cent of UK companies who invest in staff development.
UHY Hacker Young has expanded its automotive team further with addition of Paul Dobson into its management team.
The new car market looks set to hit a record level in 2015 but dealer profitability certainly doesn’t, warns ASE Global chairman Mike Jones.
Dealer profitability specialist ASE has teamed up with US company AutoAlert as the sole European distributors of their lead generation and retention software.
The average UK motor retailer made an average of £73,200 during the plate change month of September, according to the latest ASE figures.
Franchised dealers made an average loss of £16,000 in August, typical of the month before the plate change in September.
The average UK motor retailer made a profit of just under £4,000 in July, matching their result for July 2014, according to ASE data.
Dealer profitability firm ASE Global has bought automotive IT solutions provider Edentity Software Solutions.
For the first time in 2015 UK car dealers have show a year-on-year improvement in financial performance.
Favourable market conditions, dealership acquisition and disposal requests have led dealer profitability specialists ASE to expand its Dealermatch team.
The average UK motor dealership produced a small loss of £384 in May, a contrast to the £5,000 profit made in the same month of the prior year.
The average UK motor dealership produced a marginal profit in April 2015 of £3,000.
Car dealers are being altered to the increase in the penalty for not paying the national minimum wage from £20,000 per employer to £20,000 per employee.
Dealers’ claims for compound interest took a move forward last week, with a win for Littlewoods at the court of appeal, says ASE.
The average UK motor dealership produced recorded a profit of just under £93,000 in March.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 7 2019
Where: Birmingham NEC
Find out what features are in this month's, and future, issues