VINDIS ON TARGET ONLY BY ‘SIGNIFICANT’ SELF-REG SELLING EVs ‘VERY DIFFERENT’ SAYS JLR MD SIMON ELLIOTT JOINS VERTU LLOYD ADDS KIA IN CARLISLE GERMANY ‘IN RECESSION’ NISSAN CEO GOES...

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Motorpoint, one of the UK’s largest used car supermarkets, has reported a 6.8% growth in revenue to £1.06 billion and a 10% boost in profit before tax and exceptionals to £22.9 million in its full...

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  HYUNDAI PLANS TO REPEAT BREXIT PREP RETAILERS CARRYING 15% MORE USED CAR STOCK CLEAN AIR ZONE FORCES RELOCATION FOR LISTERS INTEREST RATE RISE LOOMING GROUP 1 AUTOMOTIVE LAUNCHES ONLINE SALES...

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AUDI TO START ONLINE SALES SHAREHOLDERS PROTEST OVER LOOKERS-BOARD PAY POLICY TOYOTA SCRAPS SCRAPPAGE SALES SALES AND PROFITS UP AT VT HOLDINGS TRUMP’S TARIFFS HIT GERMAN CAR MAKERS CHINA TO SEE...

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  HONDA TO CUT 30 RETAILERS SCATHING REVIEWS FORCE MOTOR OMBUDSMAN RETHINK VW SAYS 1% SERVICE GROWTH AN EASY WIN BEST-IN-INDUSTRY PAY PACKAGE FOR BMW TECHNICANS FCA CONFIRMS RENAULT MERGER BID...

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Four car retailers are wealthier than the Queen according to the Sunday Times annual Rich List with the Clark family (Arnold Clark) and Lord Edmiston (IM Group) among the UK’s 151 billionaires and...

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It’s been a little quiet this month for results considering the reporting frenzy in March. The first retailer to report was Motorpoint, which, in the first week of April, offered a full year trading...

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November saw Lookers making a trading update for the nine months to 30 September which, considering the state of the market, the company is pleased with. Lookers said that a third of its gross profit...

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Amid see-sawing numbers in new registrations as noted by the SMMT – a swing from +3.4% recorded in May TO -3.5% in June (compared to +10.1% in Spain and +4.7% in France) – a number of retailers...

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  CURRIE MOTORS BOOST PROFITS CENTURY FOR HENDY `25 YEAR CLUB’ BRINDLEY HONDA PICKS UP MOTABILITY AWARD RENAULT LOOK TO RECAPTURE SOME `VA VA VOOM’ EV VALUES SET TO IMPROVE WORLD NEWS –...

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  PLATTS STOKE SOLD TO CAR SUPERMARKET WESTOVER OPERATING ABOVE INDUSTRY AVERAGE LISTERS REPORTS PROFIT DROP MITSUBISHI STRENGTHENS RETAILER TRAINING TEAM MOTORPOINT SITE GETS ‘BEST EMPLOYER’...

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Independent retailer Motorpoint published its final results for the year end 31 March 2018, and the numbers are looking very good. Profit before tax rose 70.9% to £20m (£11.7m in 2017) and revenue...

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Financial trouble seems to be looming. The FCA is becoming increasingly worried about the amount of debt that families in the UK are building up. Ordinarily most can cope with indebtedness, but issues...

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Motorpoint is expected to announce turnover of around £820 million (up 12.5%) and strong profit before tax when it publishes its final results for the year ending 31 March on Monday. The UK’s...

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Fears of a slowdown in the UK auto retail new car market continue to hit investor sentiment in the sector and it was another poor month for auto retail stocks on the London exchange. This despite a...

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Brexit, what Brexit? The uncertainly facing the UK economy has been clearly illustrated by the steady stream of conflicting economic data released through October – culminating in the double whammy...

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Is the world ending? Or is it just the end of an era and, potentially, the beginning of a new, exciting world order? Whichever your perspective, it seems Britain’s historic vote to become the first...

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As we enter the final countdown before Britain goes to the ballot box on 23 June, the decision to stay in or leave the European Union is possibly one of the most important in setting the direction for...

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