The last five years of trading profitability have been some of the most dramatic in the history of the industry. Here is a run-down of the last five years’ EBITDA (which is earnings before...

Vehicle supply, falling used vehicle values, agency model and squeezed margins are just some of the many items on the minds of motor retailers across the country. Understandably, changes to the UK’s...

Used car departments pose the highest EBITDA risk this quarter. We’re not only seeing regular depreciation on cars, but also accelerated depreciation as used car valuations decline. The cost of...

Historically motor dealer groups have always used return on sales as a key metric in their accounts and to gauge how they are trading. Pre-Covid, if you could achieve more than a 2% return on sales,...

In our articles so far this year, we have covered aftersales and used cars in terms of showing what’s important. This month we will look at your lifeblood and your biggest cost: people. People...

After the uncertainties through the Covid lockdowns, the automotive retail sector as a whole has been experiencing strong trading conditions of late. We have seen this most clearly in the used car...

After ten years of planning by the International and US Accounting Standards Board and a further three year wait for the standard to come into force, International Financial Reporting Standard 16...

The consumer has proven to be relatively robust to date and a number of listed dealers have reported positive earnings trends in recent months. Clearly challenges remain: the resignation of Theresa...

We are currently on the threshold of one of the biggest changes to International Financial Reporting Standards, or IFRS for short, for a decade. After a number of years in coming, the introduction of...

We are currently on the threshold of one of the biggest changes to International Financial Reporting Standards, or IFRS for short, for a decade. After a number of years in coming, the introduction of...

With stock market sentiment improving around the globe and the FTSE 350 General Retailers Index rising by 35%, the vast majority of the listed auto retail and service companies benefited from the...