Hepworth Group MD Stephen Brighton wants to grow organically and boost profits, but not at the expense of his staff.
Drive Motor Retail has delivered a 117% rise in profit before tax despite a 3.3% dip in revenues in its annual financial results to December 31, 2017 - following the sale of freehold property.
Jennings Group managing director Nas Khan has revealed that the group cancelled plans for a new £6m flagship FordStore dealership due to the effects of Brexit and uncertainty over the future of diesel vehicles.
A 5.2% uplift in UK car manufacturing outputs during April was not enough to arrest a double-digit decline in supply for the domestic market since the start of the year, the SMMT has reported.
Caffyns has reported a 16% decline in operating profit despite rising revenues in annual results which detail the “very disappointing” performance of its volume car brands in 2017.
Aston Barclay has seen used car purchases completed via its Buyer App hit the £5m mark just eight months after the smartphone buying platform’s launch.
Nottingham residents are the least open to the idea of EVs, despite suggestions that a generally more open-minded approach in prominent university cities suggests “a link between high levels of education and a willingness to adopt”.
Franchised car dealers delivered an aftersales bounce-back to end Q1 following a slump in in the last quarter of 2017, according to autoVHC.
Ford dealers are being encouraged to target SMEs with a new Business Week event being promoted by the manufacturer.
The National Association of Motor Auctions has reported that average used car prices at auction rose by 5% during April as “good wholesale prices led to well-stocked forecourts”.
Delegates at AM DigiTech heard that EVs and online sales will bring dealers massive disruption, but also profit opportunity
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.
Jaguar Land Rover has officially unveiled Rawdin Glover as its new managing director as part of as restructure of the brands’ global marketing, sales, service and public relations functions.
Diesel was the fastest-selling fuel type during April as the Mitsubishi Outlander topped Auto Trader’s monthly list of successful sellers during April.
Severe penalties for vehicles ruled unsafe by the new MOT regime may create upsell opportunities for franchised dealers
