profit
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Car Dealer News 17 JunHR Owen delivers four-fold pre-tax profit growth in three years
HR Owen’s annual financial results for 2018/19 have revealed that the London-based supercar and luxury car retailer has delivered a four-fold increase in pre-tax profits in the three years since its acquisition by the Malaysian Berjaya Group.
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Latest News 11 JunCartime targets £100m sales after 28.7% turnover growth in 2018
Cartime is targeting a £100 million turnover by 2021 after celebrating a set of annual financial results which revealed a 28.7% rise in revenues and 27% increase in pre-tax profits in 2018.
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Latest News 4 JunFast-expanding Motordepot records 25% turnover growth
Fast-expanding Motordepot has revealed a 35% increase in turnover and 16% growth in pre-tax profits in a financial period which saw the independent retailer open three used car supermarkets.
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Car Dealer News 2 MaySwansway Motor Group reports 35% profit rise in 2018
Swansway Motor Group has reported a 35% increase in its profit before tax in its annual financial results for 2018 – despite a decline in turnover.
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Car Dealer News 11 OctVertu Motors records 29.4% rise in pre-tax profit for H1
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.
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Car Dealer News 9 AugBeadles Group reports 12% decline in pre-tax profit
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.
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Car Dealer News 23 MayJCT600 announces record turnover amid faltering profits
JCT600 has recorded revenues up 7% to £1.222 billion amid challenging market conditions which prompted a £2.8 million fall in operating profit.
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Market Insight 7 Sep
Franchised dealer profits in July averaged almost £4,000
The average UK motor retailer made a profit of just under £4,000 in July, matching their result for July 2014, according to ASE data.
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Car Manufacturer News 20 AugNissan improves dealer profitability as network starts to adopt new showroom standards
Nissan GB's car dealer network has seen a 66% rise in dealer profitability in Q2 of 2015 after the brand made a commitment to boosting returns.
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Car Dealer News 23 JulVertu Motors announces continued growth
During the four month period to June 30, Vertu Motors saw continued growth in like-for-like revenues and gross profits, according to chairman Peter Jones.
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Market Insight 18 JunDealer profits fall to average of £3,000, pre-registrations rise - ASE
The average UK motor dealership produced a marginal profit in April 2015 of £3,000.
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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.
