Dealers who do not spend enough time marketing cars online or post incorrect information, will put serious buyers off, said Cambria Automobiles' Ian Godbold
Full year results for Cambria Automobiles show 14% revenue growth to £450.1 million and underlying pre-tax profit up 32% to £5.4m.
For the second year running Cambria Automobiles has been awarded the 'Payroll Giving Platinum Quality Mark' award for its contribution to the scheme operated by the automotive industry charity, BEN.
Cambria Automobiles has acquired a Land Rover and Jaguar car dealership from Lookers.
Top 20 AM100 group Cambria Automobiles has increased underlying profit before tax by 45% to £2.02 million for its interim results for the six months ended February 28, 2014.
Cambria Automobiles has issued a trading update this morning which states its performance for the first four months of its financial year has been "substantially ahead" of the corresponding period in the prior year.
Cambria Automobiles has increased underlying profit before tax by 32% to £4.1 million in its preliminary results for the year ended August 31, 2013.
Car dealers deter potential customers by taking too long to answer digital queries or ignoring them completely.
Automotive experts believe advances in technology such as voice activation and diagnostics will enhance the relationships between cars, customers and dealers
Cambria Automobiles has signed a deal with Marketing Delivery to manage its social media presence following a six month pilot.
Philip Swatman, the non-executive chairman of Cambria Automobiles, has invested in the dealer group.
Cambria Automobiles has issued a brief interim management statement to the London Stock Exchange.
The first half of car dealer Cambria Automobiles' current financial year has seen sales increase by 7.3% and underlying profit before tax rise 27%.
Cambria Automobiles has seen new car sales increase by 13.4% and aftersales profitability ahead by 15% according to its trading update ahead of its interim results on April 29.
An AM100 franchised dealer group has expanded with Vauxhall following its takeover of another group.
Full year financial results for Cambria Automobiles saw its underlying pre-tax profit drop by more than a third while turnover also fell.
BEN, the automotive charity, has given its Special Award for Outstanding Support to Cambria Automobiles following its fundraising effort through Payroll Giving, donations and regular support for BEN events.
Cambria Automobiles' shareholders have today given their approval to its directors for a share buy back.
Cambria Automobiles' directors have asked shareholders for their approval of a share 'buy back'. The AM100 group, led by Mark Lavery, has called a general meeting on September 27 to consider the proposal.
Promethean plc, a major shareholder in Cambria Automobiles, announced yesterday its intention to distribute its shareholding in the AM100 group to shareholders.