Supercar sales specialist HR Owen has doubled its profits in the year to the end of April amid plans to build a new £50 million headquarters at the heart of London.
Vospers has reported improved turnover and profitability within its 2017 financial results as it hatches a plan for further profit growth through new dealership investments.
Lookers chief executive Andy Bruce has said that the he expects the car retail group to “meet market expectations for the full year” after reporting a 5% rise in turnover to £2.58m during the first half of 2018.
Marshall Motor Holdings demonstrated the success of "strong management actions" in the first half of 2018 with a set of financial results which show profit before tax from continuing operations up 1.2% at £16.4m.
CarGurus claims to be "the fastest growing major automotive shopping site" after its Q2 revenues grew by 45% year-on-year and its unique monthly user base swelled by 54%.
Pendragon has blamed the performance a faltering UK Motor Division for a 41.4% fall in underlying pre-tax profits in financial results for the first half of 2018.
Jaguar Land Rover made a £264 million pre-tax loss in Q1 this year compared to a £595m profit last year due to a slow-down in Chinese sales, the car manufacturer's financial results have revealed.
Renault has reported a decline in income and profit in the same week that PSA Group reported its H1 2018 success in returning Opel/Vauxhall to profit for the first time in almost two decades.
Inchcape’s UK trading profits were down “significantly” over the first half of this year as pre-registration activity put pressure on new and used car margins.
Motorpoint has posted a short trading update where it said trading in Q1 has delivered “solid sales and profits”.
TC Harrison has highlighted the negative economic effects of the Brexit vote in a set of 2017 annual financial results which show an 8.7% fall in profit before tax.
JCT600 has reported a 2% rise in turnover to £1.25 billion in the face of “challenging market conditions”, adding that it expects “fierce competition” to continue in the automotive retail sector.
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.
Lookers highlighted the “resilience and diversity” of its business model as it outperformed the market with a 4% downturn in new car revenues but growth from used cars and aftersales.
Cambria Automobiles has reported a drop in revenues and profits from its six months’ trading until February 28.
A focus on retail new car sales has been credited to returning Norfolk-based Ford retailer Pertwee & Back to profitability.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
Pendragon’s share price has rallied following the publication of full-year financial results revealed the AM100’s second largest retail group had suffered a 19.9% dip in underlying profit before tax.
Vertu Motors chief executive Robert Forrester has said that the group will be considering how it can best "deploy capital" to drive growth in 2018 following a trading update which revealed a new car sales decline of 15.7%.
