profits
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Car Dealer News 1 NovCEO Andy Bruce and COO Nigel McMinn to exit Lookers
AM100 car dealer group Lookers has announced that chief executive Andy Bruce and chief operating officer Nigel McMinn are leaving at the end of this year.
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Market Insight 3 SepAverage dealership profits rose in July to £147, says ASE
July’s trading was just above break-even for the average franchised dealership, according to data from ASE.
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Car Dealer News 12 JulTough trading leaves Lookers expecting 25% slump in first half profits
Lookers has reported that trading toughened in the second quarter of 2019 and warned that its earnings at the mid-year point will likely be down by 25% year-on-year.
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Market Insight 5 JulMay markets left franchised dealerships with average £10,000 loss
Franchised dealer profit figures for May show on average a loss of almost £10,000 per site, according to data from ASE
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News 12 JunProfits leap as Motorpoint ramps up used car sales
Pre-tax profits rocketed 71% at used car supermarket group Motorpoint as it ramped up sales and won record levels of repeat business.
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Supplier News 7 JunAuto Trader's profit margins rise to 67% as car dealers' spend increases
Auto Trader has announced pre-tax profits of £211 million from £330m revenues during the year to March 31.
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Car Dealer News 2 MayPendragon's Q1 underlying profits halved, as nearly new stock drops
First quarter profitability has slumped "in line with expectations", said Pendragon in a trading update, as its new and used car revenues have declined.
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Car Dealer News 23 OctPendragon's 'spectacular' profit warning issued to London Stock Exchange
Pendragon is set to review and restructure its franchised dealer operations after issuing a profit warning to the London Stock Exchange.
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Car Manufacturer News 11 Mar
Record profits for Nissan dealers
Nissan dealer profits hit a record high in 2015, averaging 1.5% RoS, yet have failed to take full advantage of successive years of growth, says MD Jim Wright.
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Market Insight 7 DecCar 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 NovDealer 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.
