Mitchell Group looked to praise its loyal staff and "market-leading" return on sales after recording a 10.8% rise in its annual turnover to £51.3 million.
Marshall Motor Holdings has secured its position as the UK’s seventh largest car retail group with annual accounts which show a 54.1% rise in revenues and a 60.4% rise in profit before tax.
Lookers boosted its revenues by 17% to £4.3 billion in 2016, with much of its growth coming from increased sales at its existing businesses.
Pentagon Group have “room for improvement” despite reporting profit before tax of just over £4 million on turnover of £472m, according to group chairman Trevor Reeve.
Vertu Motors has said that it has “considerable firepower for growth” heading into a new year which presents the threat of lower new car volumes and rising operating costs.
Pendragon has set out a plan to double its used car revenues in 2017 after new car turnover declined 1.4% in 2016 – despite a 1.9% overall rise in revenue to £4.54 billion.
Labour strikes and declining demand in emerging markets has been blamed for a 30 per cent drop in net profit for Hyundai Motor in the fourth quarter of 2016.
Clive Brook Volvo Ltd is celebrating its most profitable year-to-date after achieving a £40 million turnover in its ninth year of trading.
Cambria Automobiles plc has “maintained its momentum” following a strong showing in the last financial year, according to a statement issued ahead of the group’s AGM.
Cambria Automobiles has seen a 17.3% rise in turnover and 53.2% rise in profit before tax to record revenues despite a “clear softening” of the retail market in Q2 and Q3, the group has reported.
Motorpoint has revealed revenue increased by 11.5% to £408.9m but operating profit before exceptional items down 32% to £7m in its half-year financial report.
AM100 dealer group Peoples has reported record record profits, turnover and year-on-year sales for the fifth year in a row in its annual results to the year ended July 31st.
Vantage Motor Group has seen its turnover rise above £200m for the first time as the business added five new sites 2015.
Lookers has announced turnover up by 33% to £2.34bn in a positive set of results for H1 2016 as it targets growth through targeted acquisition activities in the remainder of the year.
Toyota looks set to relinquish its status as the world’s largest car manufacturer to Volkswagen after the strength of the Yen put the squeeze on profits.
Motor finance specialist Moneyway has seen its lending balances rise by 35% in the last 12 months, according its latest financial results.
Ford factory closures and price hikes are “on the table” as the manufacturer looks to cut costs amid fears that Brexit could cost the brand over £800 million over the next two years.
The Volkswagen Group’s latest financial results have revealed that the VW brand bore the brunt of the negative effects of dieselgate in H1 of 2016.
Volvo Cars has more than tripled its operating income to £489 million as global sales rose by 10.5% year-on-year during the first six months of 2016.
Peter Vardy Group has seen operating profits rise by 56% in a year which set out to improve manufacturing relationships, digital opportunities and its ability to be “the best place to work or buy”.