Luxury car retailer HR Owen has said the foundations for its future success are “firmly in place” after growing its revenues and profits while driving investment in property and business growth in 2021/22.
Chapelhouse Motor Group has grown its turnover by 27.2% and pre-tax profit by 50.5% in a year which saw the business ease the cost-of-living burden on staff and boost charitable giving.
Peoples is considering new car retail franchise partnerships after 24 years solely representing Ford, despite recording the best annual financial results in its 39-year history.
Scottish car retailer Easter Western Motor Group has reported a 102.5% uplift in pre-tax profits and 23% revenue growth in its annual financial results for 2021.
Day’s Motor Group chairman Graham Day has praised the businesses “dedicated staff” after it recorded a 210% increase in pre-tax profits during a COVID-impacted 2021 financial year.
Riverside Motor Group’s acquisition of Harratts’ Honda dealership in Wakefield helped it to a 24% increase in turnover in its 2021 annual financial results.
The Available Car used car supermarket group has warned of “significant challenges ahead” despite delivering a 72% rise in pre-tax profit and 29.8% uplift in turnover in 2021.
Peter Vardy Group has celebrated record annual financial results for a period which it sold its SilverBullet online retail software division and exited the Vauxhall franchise to focus on used car sales.
Heritage Automotive highlighted the role played by “much-improved margins” and reduced administrative expenses as it recorded a five-fold increase in pre-tax profits in 2021.
TG Holdcroft has reported a £100 million increase in turnover during 2021 after growing its portfolio with new Alpine, Dacia, MG and Renault car dealerships.
Dick Lovett overcame a fire at its Jaguar Land Rover (JLR) dealership, COVID-19 lockdown and the global car supply slowdown to deliver record financial results in 2021.
SsangYong Motor UK has hailed its return to profitability after seven years of losses as a “major milestone” in a year of restricted new car supplies and continued COVID-19 disruption.
The Trade Centre Group has expanded into a seventh used car supermarket site after delivering record profitability in its 2021 annual financial results.
AM100 car retail PLC Caffyns plans to open new Lotus and Volvo dealerships after post-lockdown trading delivered a 26.3% rise in revenues and 207.9% surge in pre-tax profits in 2021/22.
Auto Trader has revealed revenues up by 65% and pre-tax profit growth of 91% in a set of 2021/2022 annual financial results published this morning.
Perrys Motor Sales managing director Darren Ardron has expressed his confidence at tackling the car retail sector’s headwinds after the business posted a 275% pre-tax profit rise from “excellent” 2021 trading.
Vertu Motors PLC leveraged car retail’s “sector tailwinds” to deliver a 41.9% rise in turnover and 228% rise in adjusted pre-tax profits in a record-breaking set of 2021 annual financial results.
Arnold Clark chief executive Eddie Hawthorne has reported an “excellent” 2021 financial performance with revenues up 25% as pre-tax profits rose 68%.
Rapid expansion showed early sign of paying off at V12 Sports and Classic as the business reported a doubling profit in a record-breaking 2021 trading period.
Swansway Group has followed a COVID crisis-defying set of record annual financial results in 2021 with a further 147% surge in pre-tax profits during 2021.
