A busy March saw a number of retailers reporting their results, turning in some very different performances in a more difficult market. First came Vertu with its preliminary results to 31 January...

January was a relatively quiet month for retailers reporting or making announcements. First came Cambria which, at the start of January, outlined its trading for the first three months of its current...

It’s a bit more than a few straws in the wind when Vertu buys a £35 million-a-year online van dealer, when Evans Halshaw puts more emphasis on its Vauxhall Van Business Centres, when the SMMT, NFDA...

Vertu has acquired Newport based Vans Direct for £7.5m, in an acquisition that the board expects to be immediately earnings enhancing. Vertu CEO Robert Forrester said “This is an exciting...

Three automotive retail groups announced results in October – Vertu, Marshalls, and Pendragon. Vertu’s unaudited interim results for the six months ended 31 August 2018 offered mixed results....

Vertu has seen a 13.4% decline in its profit before tax for the six months ended 31 August on an turnover of £1.56 billion, up 7.9% on the same period in 2017. After exceptional items, adjusted...

It’s been a little spartan in terms of retailers reporting in September. Of the two that did, Vertu came first on 3 September, followed a day later by Cambria. Turning to Vertu first, a retailer...

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...

Vertu Motors has bought Home Counties based Hughes Group for £21.8 million. The acquisition marks Vertu’s first purchase for two years. Hughes, based around Beaconsfield, operates six outlets for...

Vertu has seen adjusted profit before tax fall to £28.6 million in its latest annual results for the year ended 28 February 2018. The figures were down on the previous year’s £31.5m profit figure....

Dealer groups are under pressure to equalise the male/female pay gap as UK industry is revealed to have among the worst gender differential of any EU country. At the moment, the UK average sees a...

USED CARS DRAG LSH RESULTS DOWN UK DEALERSHIP NUMBERS REVEALED IN LATEST FRANCHISING REPORT CDK GLOBAL GOES OPEN ACCESS GOOGLE ADS GO GDPR COMPLIANT VERTU VAUXHALL SITE WINS AWARD AUSTRALIAN FINANCE...

Vertu Motors has issued a profit warning ahead of its year-end on 28 February 2018. In a stock market statement Robert Forrester, Vertu chief executive, said the business expected trading to be...

Vertu Motors has reported a growth in return on sales in its 2017 half-year figures despite a 14.7% drop in like-for-like new car retail volumes. The latest financial figures from Vertu show a profit...

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Vertu Motors has launched a full, end-to-end, online sales platform for used cars, including part exchange capability and finance capability. The company believes it is the first in the market to be...

For nearly a year, Vertu hasn’t bought any dealerships, and for a group that has both been born from, and grown by, acquisition, this has been something of a change for chief executive Robert...

Record new car registrations in the first quarter may have been good for auto retail group profits but they seem to have had little effect on investor confidence in the sector. Performance in core UK...

Vertu Motors has reported a fifth year of growth to hit a new record performance for the group. The results for the year ending 28 February 2017 were ahead of analyst expectations with a turnover of...