dealer profitability
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Market Insight 3 SepAverage 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.
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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 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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People News 18 JulFill staff vacancies or risk damaging profitability car dealers warned
Profitability is at risk as car dealers are reacting to the declining new car market by not filling staff vacancies.
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Market Insight 13 Jun
Car dealers’ April profit rise could spark ‘period of comparative prosperity’
A £9,900 improvement in April profits for car dealers could be an indicator “the real prospect of a period of comparative prosperity”, according to ASE.
