Market Insight 5 Mar
March will be key to car dealers’ 2020 profitability, says ASE
The key number plate change month of March will be pivotal in car retailers’ efforts to achieve profitability in 2020, according to sector analyst ASE.
Market Insight 11 Feb
Car dealers RoS reached eight-year low in 2019, ASE reveals
Car dealers achieved their lowest return-on-sales (RoS) figure since 2011 in 2019 after rounding off a “tough” year with a £1,700 loss in its final month, according to ASE.
Market Insight 10 Jan
Car dealers set for second year of declining profitability, says ASE
Car dealers suffered a loss of £11,000 in November to all-but ensure the sector's average business incurred losses for the whole of 2019, ASE has reported.
Market Insight 6 Dec
Car dealer profitability ‘likely’ to end 2019 9% down
The average UK car retailer saw profitability decline by 75% year-on-year in October and is likely to end 2019 with a 9% overall reduction in overall profit, ASE has reported.
Market Insight 7 Nov
ASE reveals car dealers’ September profits rose £3,000
The latest car dealer profitability analysis from ASE has revealed that the average retailer experienced a £3,000 year-on-year increase in profits during September.
Latest News 24 Oct
Profit squeeze prompts dealers to 'cash-in' on leasing division disposals
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
Market Insight 7 Oct
Car dealers lost £14,000 in August market 'deterioration', says ASE
The average UK car dealer lost £14,000 during August in what has been described as a “significant deterioration” on the break-even result achieved in the same month a year earlier.
Market Insight 3 Sep
Average dealership profits rose in July to £147, says ASE
July’s trading was just above break-even for the average franchised dealership, according to data from ASE.
Market Insight 6 Aug
Car 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.
Market Insight 5 Jul
May 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
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.
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.
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.
Market Insight 4 Apr
Ford'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.
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.
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.
Finance 5 Mar
Financial 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.
Market Insight 6 Feb
Car 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.
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.
Market Insight 5 Dec
Dealers 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.