profits
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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.
