LSH Auto posts another loss
01 August 2022
LSH Auto has announced a £2.6m loss for the year ended December 2021. In 2020, the Mercedes-Benz retailer group posted a £47.1m loss. Turnover for 2021 grew from £286m to £364m.
LSH has lost money in the UK every year since it first bought the Birmingham and Manchester market areas sites form Mercedes-Benz Retail in 2016.
In its results, LSH said it was subject to a data breach in June 2021. It recruited specialists to investigate and contacted the relevant authorities. The ICO has concluded its investigation no further challenges remain. “We will continue to invest in monitoring to mitigate risk.”
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LSH Auto 
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