Franchised dealers have continued to take a hit to their profits. Data from ASE Global shows in August the average dealership lost almost £17,000.
ASE is preparing to host a ‘Night in New York’ charity ball as part of its campaign to raise £40,000 for Macmillan Cancer Support.
The average UK motor dealer suffered a loss of just under £7,000 for the month of July, marginally worse than their performance in the same month in 2016.
The average UK motor dealer made a profit of £46,000 in June. This is an increase of £3,700 over the profit made in June 2016 despite the drop in registration figures compared to the prior year.
A loss of £17,000 was experienced by the average UK motor retailer in May – a result £7,000 down year-on-year.
The average UK motor dealer made a loss of just under £17,000 in May, a deterioration of £7,000 from the same month in 2016.
Learn the lessons of the UK’s most profitable dealer groups with ASE's profit clinic at the Automotive Management Live exhibition.
The average UK car dealer produced a marginal profit of £600 per site in April, a significant drop from the prior year’s profit of £8,000.
UK dealers' Q1 profits were up 20% year-on-year, but new car volumes are off to a slow start in the first half of Q2, they warn AM.
The average UK car dealer enjoyed record profits in March on the back of record breaking new car registrations, making more than £114,000.
The average UK car retailer made a loss of £13,700 in February, a very slight increase on the loss made in February 2016, £13,400 (Feb 2015: £13,500 loss).
Dealers are being urged to ensure staff involved in the sale of adapted vehicles for disabled customers are aware of new VAT guidelines.
The average UK car retailer made a profit of £2,600 in the month of January, beating the result from January 2016 when the figure was just £182 in the black.
Three-year slump in profitability of franchised dealerships blamed on Increased competition and pressure on margins.
The average UK motor retailer made a loss of just under £13,000 for the month of November, a deterioration of £2,000 from the result in the prior year.
Dealer profitability experts ASE has appointed Graham Gaddes as chief operating officer.
The average UK motor retailer made a profit of £187 in the month of October.
The average UK motor retailer made a profit of £68,000 in September, seven per cent down on the £73,000 made in the same month last year.
The average retailer lost just under £15,000 in the month of August.
Dealer performance specialists ASE has set itself the target to raise £40,000 for charity through a series of events in the company’s 40th year.
