dealership results
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Latest News 19 AugMarshall would "wholeheartedly embrace" new car agency model
Daksh Gupta, MMH chief executive, has said the business would happily switch to an agency model for new car sales.
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Market Insight 6 DecFranchised dealer losses in October prompt end of year profitability warning from ASE
The average UK motor retailer made a £2,000 loss in October.
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Car Dealer News 7 Sep
Dealerships lose £6,844 on average in July - ASE
The average UK motor dealer suffered a loss of just under £7,000 for the month of July, marginally worse than their performance in the same month in 2016.
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Market Insight 7 AugAverage car dealer makes £46,000 profit in June - ASE
The average UK motor dealer made a profit of £46,000 in June. This is an increase of £3,700 over the profit made in June 2016 despite the drop in registration figures compared to the prior year.
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Market Insight 7 Jul
Market slowdown leaves dealers an average £17,000 in the red in May - ASE
The average UK motor dealer made a loss of just under £17,000 in May, a deterioration of £7,000 from the same month in 2016.
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Market Insight 4 JulMarshall Motor Holdings pre-close statement shows “significant growth in both revenue and profitability”
Marshall Motor Holdings has seen “significant growth in both revenue and profitability” in the first six months of its current financial year, it said today in its pre-close statement.
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Dealer Management 20 JunHow to make your dealership more profitable
Learn the lessons of the UK’s most profitable dealer groups with ASE's profit clinic at the Automotive Management Live exhibition.
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Latest News 12 JunMotorpoint profits falter as turnover continues to rise
Motorpoint Group remains confident of continued successful trading in "uncertain economic conditions" as it enjoyed a continued rise in turnover - despite a fall in profits.
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Car Dealer News 8 Jun
Relaxed manufacturer expectations and less pre-registrations leads to large drop in dealers' April profits - ASE
The average UK car dealer produced a marginal profit of £600 per site in April, a significant drop from the prior year’s profit of £8,000.
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Car Dealer News 9 MayIncreased margins and volume bonuses see Cambria turn falling car sales into profits
An increase in margins has seen Cambria Automobiles weather a fall in car sales to turn in a pre-tax profit boost in its interim results, published this morning.
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Car Dealer News 5 May
Dealers enjoy record March profits - ASE
The average UK car dealer enjoyed record profits in March on the back of record breaking new car registrations, making more than £114,000.
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Market Insight 11 Apr
February losses grow, but healthy bonuses likely in March - ASE
The average UK car retailer made a loss of £13,700 in February, a very slight increase on the loss made in February 2016, £13,400 (Feb 2015: £13,500 loss).
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Manufacturer 8 MarGeneva 2017: Kia boss left 'punching the air' after NFDA Survey result
Kia Motors UK president and chief executive Paul Philpott said that he was “punching the air” after reading his dealers’ appraisal of his franchise in this week’s NFDA Winter Dealer Attitude Survey.
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Car Dealer News 1 MarInchcape profits 'resilient' despite high site overheads and margin pressure
Increased investment in centres and reduced vehicle margins didn’t prevent Inchcape from achieving a “resilient” profit result in the last financial year.
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Car Dealer News 10 JanDealer losses average £13,000 in November 2016
The average UK motor retailer made a loss of just under £13,000 for the month of November, a deterioration of £2,000 from the result in the prior year.
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Car Dealer News 20 DecStoneacre reports profit down on improved revenue in latest results
Stoneacre’s profits fell in 2015, while the Doncaster-based dealer group’s revenue increased.
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Market Insight 6 Dec
Dealer profitability: 'a 'poor' £187 in October reports ASE
The average UK motor retailer made a profit of £187 in the month of October.
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Car Dealer News 14 NovCar launches set to help maintain HR Owen's strong finances
New model launches in 2016 and 2017 will help to maintain HR Owen’s strong financial position, according to its newly published accounts.
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Car Dealer News 3 NovDealers suffer fall in September and third-quarter profits
The average UK motor retailer made a profit of £68,000 in September, seven per cent down on the £73,000 made in the same month last year.
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Car Dealer News 10 Oct
Dealers suffer biggest loss in last 12 months in August - but outperform 2015
The average retailer lost just under £15,000 in the month of August.
