The Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched on Monday 20 April. All viable businesses with turnovers of more than £45m can apply for support. Those with turnovers...

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  NFDA ISSUES ONLINE SALES CAR DELIVERY GUIDANCE CORONAVIRUS LARGE BUSINESS LOANS LAUNCH TODAY POST-LOCKDOWN STOCK WARNING DICK LOVETT, PREMIER CAR SUPERMARKET PLANS CORONAVIRUS: AUTO INDUSTRY...

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In all my working career a month has never been such a long time. Given the disruption which was to come, the end of February seems a very long time ago. And looking back to that time the first...

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The impact of the coronavirus lockdown on UK new car registrations has emerged from the latest data, highlighting that after a positive start to March, the final week saw an 82% drop in levels...

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There is certainly going to be a lot of change as we go through 2020. We are going to see a huge amount of electric and hybrid product hit the market, which retailers are increasingly going to be...

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2019 was undoubtedly a tough year for UK motor retailing. The industry is going through a number of seismic changes as customers change what cars they are going to buy, how they buy them and...

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It would be very easy, given the negative press around at the moment and the profit warnings issued by some of the listed motor retailers, to assume that the sector was having a pretty dreadful time...

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After the tough profit performance for the month of August it was great to see UK motor retailers produce a comparatively healthy result for the month of September. The average retailer made a profit...

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Historically August has been a tough month for motor retail profitability since the registration plate change moved to twice yearly in 2001. If customers aren’t on holiday, then everyone has their...

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March is a vital month for UK motor retail. With the launch of the new registration plate it is the top month of the year, both in terms of retailer turnover and profitability. Over the past two...

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Traditionally February produces the largest losses for UK motor retailers and, unless we have a crash later in the year, 2019 looks like being no different. The average dealership lost £19,600 during...

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Following its decision to withdraw its appeal following the decision of the European Court of Justice in HMRC versus Mercedes Benz Financial Services in October 2017, HMRC has published advice to the...

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As the first month of the year, it is always tempting to try to draw conclusions over the remainder of the year from the performance delivered in January. This is normally a challenge in the retail...

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2018 has certainly been a year when the UK motor sector has had to cope with a significant amount of change and disruption. At the start of the year all we had really to deal with was a set of...

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November is traditionally a really tough month for UK motor retailers. This was particularly the case in 2017 when retailers posted their largest average loss to date at over £18,000 for the month....

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The average UK motor retailer produced a strong result in October with a profit of just over £6,000. This compares favourably to the prior year, where we saw a small loss, which is more typical of a...

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As soon as the impact of WLTP was understood retailer performance was always going to be down in 2018 on the level we would normally see for September. Even if the demand had been there, there simply...

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The UK motor retail sector is used to coping with temporary shocks and market distortions. Historically we have managed choppy periods phenomenally well and I have no doubt that the current...

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The average UK retailer earned a good level of profitability for June, closing out what proved to be a positive quarter. Prior to Q2 of 2018, retailers were battling against very strong comparatives...

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The average UK motor retailer produced a steady start to the third quarter of 2018, recording a marginal loss for the month of £1,600. While this represents a step backwards from 2015 and prior,...

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