Pendragon is set to review and restructure its franchised dealer operations after issuing a profit warning to the London Stock Exchange.
Vertu Motors has reported six-months of growth in operating profit, earnings per share, dividends and return on sales despite revenues remaining flat at £1.45bn.
Groupe Renault has set out a six-year plan to grow its global volumes by 40% to over five million vehicles as it targets a 7% margin from revenues of over £62 billion.
Motorpoint Group PLC has said that it expects to report revenue growth of over 18% during the first half of 2017, compared to the same period last year.
The John Clark Motor Group will grow through the post-Brexit period despite a “ongoing political uncertainty” and a “stable but fragile economy”, according to a statement made following the publication of its 2016 financial results.
Norton Way Group has reported a revenues rise of £213m for 2016 a year after opening Europe’s largest Kia showroom in Brentford.
The Trade Centre Wales has reported pre-tax profits £10m ahead of 2016 in a trading update for the first two-thirds of this year.
Marshall Motor Holdings' chief executive Daksh Gupta said that the group was in a “great position to continue outperforming the market” after profit before tax rose 32.9% in a record set of interim results.
Beadles Group has reported a 12% decline in pre-tax profits to £2.6 million in its first set of annual results since its acquisition by Group 1 Automotive.
Perrys Group has recorded its sixth year of rising revenues in its financial results for 2016 – with revenues up 5.4% to £661.4m.
AA executive chairman Bob Mackenzie has been fired for "gross misconduct” amid falling share prices at the roadside assistance and vehicle warranty specialist.
Pendragon chief executive Trevor Finn has reiterated the group’s intention to double used car revenue by 2021 after its H1 financial results revealed a 5.8% fall in new car sales revenues.
Inchcape has reported that its UK trading profit was “broadly flat” as its global distribution operation helped the business bolstered revenue growth in the first half of 2017.
A loss of £17,000 was experienced by the average UK motor retailer in May – a result £7,000 down year-on-year.
East Anglian dealer group John Grose has hailed "outstanding financial results" as its annual results recorded turnover growth of over 12%.
JCT600 has recorded revenues up 7% to £1.222 billion amid challenging market conditions which prompted a £2.8 million fall in operating profit.
Lookers has reported 30% growth in used car turnover during a “buoyant” Q1 which saw retail volumes and rising profit across the board.
Vertu Motors Group records ‘record performance’ in annual results.
Car supermarket chain Motorpoint Group reports its work to shore up gross profit per unit has progressed, with margins normalised over the past six months.
Mill Garages North East Ltd has seen an eleven 11% rise in turnover in a year that saw it commit wholly to sales from its string of Volvo franchises.