Motorpoint has said that it is “ideally positioned to continue its market share growth” after delivering a 64% increase in profits before tax and exceptional items and an 18% rise in revenues in its interim results.
Aston Martin heritage specialist Nicholas Mee & Company will be expanding and relocating to a new multi-million pound purpose-built facility in the first quarter of 2018.
Servicing Stop has hit back at what it sees as a continuation of big brand garages monopolising the market and called on independents to raise their standards.
Franchised dealers are still struggling to overcome the perception of being a more expensive aftersales option than their independent counterparts, according to Autumn 2017 NFDA Consumer Attitude Survey.
The Trade Centre Wales has reported pre-tax profits £10m ahead of 2016 in a trading update for the first two-thirds of this year.
Motorpoint has opened the doors of its 12th site to mark a period of expansion which has created four car supermarket sites in just 18 months.
A used car dealer discovered that 15 vehicles had been stolen from his business as he celebrated the arrival of his child in hospital.
Motorpoint has signed a partnership with cancer charity Teens Unite, for a minimum of 12 months, to help raise money for young people with the disease.
