financial results
Perrys reports strong profits despite market pressures, eyes continued growth
Perrys Motor Sales has reported a robust financial performance for 2024, delivering profit increases across key areas despite a dip in overall revenue, ongoing supply challenges, and pressure from rising payroll costs.
Polestar aligns sales reporting to industry standards as part of turnaround effort
Swedish electric vehicle (EV) maker Polestar is to align its reporting methodology with industry standards by recording retail sales based on cars delivered to final customers rather than when they are invoiced.
Inchcape grows its global vehicle distribution business, H1 revenue reaches £4.7bn
As Inchcape awaits the completion of its Inchcape Retail UK dealer group sale to Group 1 Automotive UK for £346 million, it has revealed a half-year financial performance showing growth in its overseas vehicle distribution and wholesale business.
Vertu Motors reports upbeat trading, warns of volatile impact of emissions targets
Vertu Motors' latest first-quarter figures reflected a period of robust growth and strategic progress, boding well for the remainder of the financial year despite the potential impact of zero emissions targets.