return on sales
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Manufacturer 5 JanKia UK CEO Paul Philpott: Our ambition won’t stop at 100,000 registrations
Kia UK president and chief executive Paul Philpott has insisted that the Korean carmaker’s ambitions will not stop with after it delivered its 100,000 registrations landmark in 2022.
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Manufacturer 15 JunAgency model car retail not ‘completely off the table’ at Honda UK
Honda UK head of cars Rebecca Stead has told AM that the Japanese brand’s restructure of its UK retail network “delivered everything we said it would”.
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Manufacturer 9 FebKia retailers 'absolutely behind' new dealership CI after record profits in 2021
A new Kia car dealership corporate identity (CI) is set to be applied to the entire UK retail network by the end of 2024 will break cover in Edinburgh and Bolton within weeks.
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Market Insight 9 Sep‘Phenomenal’ used car performance drives dealers' 27.5% July profit boost
Car retailers enjoyed a 364% year-on-year increase in profits during July as appreciating used car values boosted the sector, according to ASE.
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Market Insight 12 Aug
Car dealers face 'double-hit to profits' after June's record return on sales
Car retailers delivered a record return on sales of 2.13% in the rolling 12-month period to June 2021, according to the latest market data from ASE.
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Market Insight 8 SepCar dealers recovered half Q2 COVID-19 lockdown losses in July, says ASE
The average UK car retailer recovered more than half of the losses suffered during a Q2 trading period devastated by the COVID-19 coronavirus lockdown, according to ASE Global.
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Car Dealer News 5 FebMitchell Group reports 13.6% profit before tax rise in 2019
Mitchell Group has reported an 8.6% rise in turnover and 13.6% rise in profit before tax to defy a challenging car retail market at its Cheshire Oaks multi-brand dealership site in 2019.
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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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Market Insight 6 FebCar dealers ‘maximise opportunities’ to achieve £2,900 December profit
Car dealers showed their ability to adapt to challenging market conditions by achieving an average profit of £2,900 during December, ASE has reported.
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Manufacturer 22 JanPeugeot UK tells dealers to ‘be prepared’ for EV future
Peugeot UK managing director David Peel told delegates at the brand’s national dealer conference to “be prepared” for electric vehicles as its makes the transition to an EV model line-up.
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Car Dealer News 25 MayHendy Group reveals 42% rise in annual turnover following Lifestyle Europe acquisition
Hendy Group has reported a 42% increase in revenues and 163.7% increase in profit before tax in its first set of annual financial results since the acquisition of the Lifestyle Europe car dealership group.
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Market Insight 5 Feb
Car dealers made £400 loss in December, reports ASE
Car dealers who generated an £17,000 average profit in December 2016 suffered the effects of a £400 loss 12 months later, according to ASE.
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Market Insight 12 JanCar retailers record £19,000 average loss in ‘tough’ November
Car retailers recorded an average loss of £19,000 in a "tough" November as the average return on sales percentage dipped to 0.97%.
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Car Dealer News 16 MarMitchell Group highlights staff retention and 'industry-leading RoS' in results
Mitchell Group looked to praise its loyal staff and "market-leading" return on sales after recording a 10.8% rise in its annual turnover to £51.3 million.
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Market Insight 2 MarCar dealers’ average profits down more than a quarter in three years
Three-year slump in profitability of franchised dealerships blamed on Increased competition and pressure on margins.
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