Recessions, whether real or threatened, can cause companies to adopt damaging behaviour. Peter Smyth's priority at Swansway this year is stability.
Swansway Group saw its operating profits increase by 8% in 2015 from £7.6 million to £8.2 million and the business is reinvesting in people and infrastructure.
Car dealer Swansway has today reported a 20% growth in year-on-year profit before tax and 18% increase in revenue.
The collision between manufacturer aspirations and dealer margins and cost pressures and its “horrific” effect on used car values and renewal business is highlighted in an AM video.
Swansway Group is investing £12 million in new-build brand centres in the North West.
Listening to and rewarding employees gets the best from them, Swansway director Peter Smyth will tell the AM & IMI People conference
Treating employees like an extended family drives performance, Swansway Group director Peter Smyth will tell delegates at the AM/IMIIMI People Conference.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues