Peoples' chairman Brian Gilda has warned of Brexit “Armageddon” for the UK’s automotive sector after the Scottish retail group negotiated “fierce competition and diminishing volumes” to realise a £274.4 million turnover.
Brian Gilda is chairman and managing director of Peoples Ford, the company he founded in 1983. With ethical views born out of experiences in apartheid South Africa, he has strong opinions on the management of people and business.
Scottish and Merseyside Ford retailer Peoples has seen its profits for the past two years wiped out due to an an accountancy error. The group has been hit by a £4.4m write off after unwittingly overstating its assets for a number of years. Instead of a £1.3m profit for 2003, it effectively made an £880,000 loss