Automotive Management (AM) and BDO will reveal the official countdown of the 2021 AM100 car dealer rankings and deliver in-depth insight in a free-to-view webinar.
Shelbourne Motors has marked the first anniversary of the opening of its £5 million multi-brand car dealership in Newry with a 20.5% increase in pre-tax profits in its 2019 annual financial results.
Arbury Motor Group, Car Giant, Riverside Motor Group and Tom Hartley Jnr have all been included among the Sunday Times PwC Top Track 250 rankings of Britain’s leading mid-market private companies.
Swansway Motor Group has reported a 42% decline in pre-tax profits in its 2019 annual financial results after completing a restructure in which it “eradicated” its loss-making car dealerships.
Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues and pre-tax losses of £188 million in the first half of 2020.
Automotive aftersales operations have suffered a loss equivalent to 5.8% of their expected annual turnover in the COVID-19 coronavirus lockdown period to May 3, GiPA UK research has revealed.
Vantage Motor Group has published details of a 14.3% decline in profit before tax in a set of 2018 financial results published a month after its acquisition in a management buy-out (MBO).
Hendy Group has claimed the Solent Business Awards’ Company of the Year accolade after judges recognised its profitability, innovation, employment growth and a “near-doubling” of its turnover in 2019.
HR Owen’s annual financial results for 2018/19 have revealed that the London-based supercar and luxury car retailer has delivered a four-fold increase in pre-tax profits in the three years since its acquisition by the Malaysian Berjaya Group.
Cartime is targeting a £100 million turnover by 2021 after celebrating a set of annual financial results which revealed a 28.7% rise in revenues and 27% increase in pre-tax profits in 2018.
Fast-expanding Motordepot has revealed a 35% increase in turnover and 16% growth in pre-tax profits in a financial period which saw the independent retailer open three used car supermarkets.
Swansway Motor Group has reported a 35% increase in its profit before tax in its annual financial results for 2018 – despite a decline in turnover.
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
Stoneacre Motor Group has reported turnover growth of 9% and profit before tax up 34% in its financial results for 2018.
Lookers has reported growth in its used car and aftersales operations as new car volumes and turnover declined in-line with the market during the period to September 30.
Peoples' chairman Brian Gilda has warned of Brexit “Armageddon” for the UK’s automotive sector after the Scottish retail group negotiated “fierce competition and diminishing volumes” to realise a £274.4 million turnover.
Vertu chief executive Robert Forrester has said that the business is actively looking for new investments after putting in place further measures to further strengthen its “ultra conservative” balance sheet.
Franchised car dealerships failed to make the grade in The Sunday Times Grant Thornton Top Track 250 league table as it ranked Britain’s private mid-market growth firms by latest sales.
Stoneacre Motor Group is set to achieve its ambition of becoming a £1 billion turnover car retail group a year early following the acquisition of four Mill Garages Northeast Ltd Volvo dealerships.
Arbury Group has reported 8% growth in its annual turnover and a 5% increase in pre-tax profits in its financial results to December 31, 2017.
