Former ASE chief commercial officer Mike Fazal has left the automotive retail advisory business to go “all-in” with his car subscription business Karzoom.
Automotive advisory and benchmarking firm ASE has sold its professional services division to Armstrong Watson, and ASE's motor retail taxation expert Michelle Malone will now head Armstrong Watson's automotive team.
Car dealers “smashed” historical automotive retail trends to record a net £50,000 profit in November, according to the latest sector KPIs published by ASE.
The average UK car retailer saw their monthly profit soar by 189.7% year-on-year in what the SMMT had described as a “desperately disappointing September”, according to ASE.
Former Mazepoint and ASE director Tracey Ellam is looking forward to putting her “experience in business intelligence” to good use at LSH Auto UK after joining the car retail group as operations director.
Car retailers enjoyed a 364% year-on-year increase in profits during July as appreciating used car values boosted the sector, according to ASE.
UHY Hacker Young has announced the expansion of its automotive team with the appointment of experienced ex-ASE partner Ian McMahon.
While the automotive industry attempts to keep day-to-day operations running, it is having to evaluate the megatrends and decide where to place its big bets.
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.
Experts from ICDP, ASE and UHY Hacker Young respond to suggestions that motor retail's evolution could leave 'regional hero' dealer groups vulnerable.
ASE Automotive Solutions has been acquired by Canadian software investment firm Valsoft.
It’s fair to say the past 12 months have been challenging for the car retail sector.
Car retailers' average return on sales (RoS) of 0.94% during a heavily COVID-19 impacted 2020 has been hailed as “‘a very strong performance” by ASE chairman Mike Jones.
The emergence of the more virulent strain of COVID-19 coronavirus and renewed lockdown restrictions made the average car retailers’ bid to match their 2019 profits “unachievable” last year.
Car retailers delivery of a “stunning” used car sales performance recovery from the depths of H1’s COVID-19 lockdown helped to deliver an £53,000 average profit in October, according to ASE.
A Brexit briefing is to be provided by the Vehicle Remarketing Association (VRA) in its penultimate 2021 Outlook Seminar.
HMRC has opened a consultation period for feedback on its plan to roll-out its Making Tax Digital (MTD) platform for corporation by April 2026.
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
The Vehicle Remarketing Association (VRA) will look to address concerns surrounding COVID-19 and the impact of Brexit in its upcoming Vehicle Retailing in 2021 webinar.
UK car retailers were “within touching distance” of the profitability achieved in 2020 after £110,000 profit-per-site in the key number plate change month of September, according to ASE.
