Mike Jones
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People News 14 JulMike Jones joins Wayroo as a non-executive advisor to the board
Automotive software company Wayroo has welcomed ex-ASE chairman Mike Jones to its board, as a non-executive advisor.
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Market Insight 3 JulUsed car prices rising, Auto Trader's June data shows
Auto Trader's data scientists have noted the largest monthly growth in used car prices since January 2019 during June as motor retailers in England reopened their showrooms.
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Market Insight 2 AprAvoid stock liquidation, ASE warns dealers, as cashflow remains key
Dealers will need cashflow to bridge the gap until the Government’s business and employee support funds drop in, however they must resist a fire sale of stock, ASE Global’s chairman Mike Jones has warned.
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Market Insight 6 Mar
Dealer profits had a boost in January, says ASE
Dealers have started 2019 with a rise in profits, according to data collected by ASE.
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Market Insight 5 DecDealers made money in October but profitability remains in decline
Franchised dealer profits in October were up by £7,500 in October year-on-year, after a £1,500 loss in October 2017, said ASE Global.
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Car Dealer News 2 Aug
Average dealer profitability up 74% in Q2, says ASE
UK dealers saw profitability increase by 74% during Q2 this year, despite a slight slip in June’s performance, according to the latest figures from ASE.
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Opinion 23 MarJim Saker: Let’s not be self-fulfilling prophets of doom
By understating its performance, there is a real danger that the motor retail industry will sow the seeds of its own demise.
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Market Insight 3 Oct
Dealer profits slip further after worst August profitability in five years
Franchised dealers have continued to take a hit to their profits. Data from ASE Global shows in August the average dealership lost almost £17,000.
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Market Insight 6 Sep
Q3 trading started with a £6,500 loss for the average dealership, says ASE
The average UK franchised dealer made a loss of £6,500 in July 2016, a drop of £10,000 on the performance from the prior year, when July was a profitable month.
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Car Dealer News 8 AugDealers' year-on-year profits static reports ASE
The average UK motor retailer produced a profit of just over £42,000 in June, exactly matching the result for the same month in 2015.
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Market Insight 7 AprFranchised dealers lose £13,400 in February - ASE
The average UK motor dealer made a loss of just over £13,400 in February, matching the 2015 result.
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Car Dealer News 5 FebAverage car dealer turnover up 4.5% in 2015 - but profits fall
Franchised dealers worked harder for smaller returns in 2015.
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Market Insight 7 Dec
Car dealers increased profits in October, says ASE, but RoS still down on 2014
The new car market looks set to hit a record level in 2015 but dealer profitability certainly doesn’t, warns ASE Global chairman Mike Jones.
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Car Dealer News 9 Nov
Dealer profits down £1,000 in September and pre-reg trend continues
The average UK motor retailer made an average of £73,200 during the plate change month of September, according to the latest ASE figures.
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Car Dealer News 7 Oct
Dealers make a £16,000 average loss in August - pre-registrations on the increase
Franchised dealers made an average loss of £16,000 in August, typical of the month before the plate change in September.
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Car Dealer News 5 AugCar dealers made average profit of £43,000 in June
For the first time in 2015 UK car dealers have show a year-on-year improvement in financial performance.
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Market Insight 7 JulDealer losses in May provide 'clear evidence' of pre-registrations says ASE
The average UK motor dealership produced a small loss of £384 in May, a contrast to the £5,000 profit made in the same month of the prior year.
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Market Insight 7 May
Car dealers make average profit of £93,000 in March - ASE
The average UK motor dealership produced recorded a profit of just under £93,000 in March.
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Market Insight 13 Apr
Average UK dealer lost £13,500 in February - ASE
The average UK motor dealer made a loss of £13,500 in February, a slight increase in the loss made in February 2014.
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Latest News 18 MarBudget 2015: the main points and comment
Budget 2015 highlights, 50 days from the general election.
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