For practically all UK car retailers 2021 will produce a record level of profitability. We went into the year with a significant level of trepidation; while 2020 had produced a solid level of...
Read moreDecember was a typically quiet month for new car registrations, although retail registrations were still some 19.9% up on the same month in 2020, with 56,606 new vehicles on the roads. That meant, for...
Read moreRegistrations of new vehicles grew again in June, but the 28% rise represents a somewhat false picture given the Covid impact on 2020 figures. A more meaningful comparison is the previous decade...
Read moreWith showrooms open for the full month of May, registrations surged ahead of the same month last year, with the total up some 674% on 2020 where retailers were still coming to terms with trading...
Read moreHistorically the use of capital allowances and enhanced capital allowances has proven most attractive and many motor dealers have benefited from this over the years buying premises and upgrading...
Read moreRishi Sunak has delivered his much-anticipated Budget with a clear focus on continuing support “to see us through”, repairing the damage caused by the pandemic and building a strong economy. For...
Read moreAnalysts are predicting a recovery in the new car market in 2021, but little change in the used car sector. Speaking at the December VRA 2021 outlook briefing, Grant Thornton associate director Owen...
Read moreIt is not an understatement to say that the past year has been like no other in working memory. March, usually the busiest month of the year, came to an abrupt halt as the country was locked down due...
Read more