Vertu Motors has added its sixth dealership with the Honda franchise.
At its Annual General Meeting (AGM) on 24 July, Vertu Motors outlined impressive growth in profits during the four-month period to 30 June 2012.
Vertu has opened its Bristol Street Motors Vauxhall brand centre in Chingford and has taken on 26 additional staff to operate the showroom.
Vertu Motors saw revenue push past £1 billion for the first time and operating profits increase in its financial results for the year ended February 29, 2012.
Vertu Motors’ year end results, published today, reveal turnover up year-on-year 8.9% and above the one billion mark for the first time, at £1.09 billion (2011: £999m).
Vertu Motors has issued a trading statement as the car dealer closes its financial year today which highlighted its passing of the £1bn revenue mark for the first time.
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Vertu Motors has acquired a Vauxhall dealership in Northampton from W Grose for £2 million.
Vertu Motors has appointed ex-Lex Autolease chief executive Nigel Stead as an independent non-executive director with immediate effect.
