LSH Auto, the world’s largest Mercedes-Benz retailer, has extended its unenviable loss-making run, by more than doubling its loss before tax in the year ended December 2023 from £4.9m to £11.0m....
Read moreREPORT: VOLKSWAGEN TO CUT UK BUSINESS PARTNERS LSH 2023 LOSS MORE THAN DOUBLES TO £11m LABOUR TO BACKTRACK ON 2030 ICE BAN US STELLANTIS RETAILERS SLAM TAVARES IN OPEN LETTER CHINA CAR SALES FALL FOR...
Read moreLSH’s loss-making run continues. In the year ended December 2022, it lost £4.9m, up from the £2.6m loss in 2021. It has lost money in the UK every year since it bought the Birmingham and...
Read moreLSH LOSSES GROW AGAIN; JEMCA PROFIT FALLS JAGUAR TO LAUNCH ‘SECOND LIFE LEASING’ FOR USED EVS CALL TO CHARGE DIESEL DRIVERS MORE FOR PARKING VW CLAMPS DOWN ON SEMICONDUCTOR PROCUREMENT NISSAN...
Read moreLSH 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...
Read moreLSH AUTO POSTS ANOTHER LOSS RYBROOK AUTOMOTIVE IN £11.8m PROFIT RETAILER FINED £58k OVER ULEZ ‘LIES’ LEXUS JOINS MOTABILITY SONIC TO KEEP ECHOPARK CHINESE STARTUP EVS TO J.D. POWER SURVEY...
Read moreLSH Auto, the UK subsidiary of the world’s largest Mercedes retailer, has reported losses of £18.2 million in its results for 2019 on a turnover of £454m. The Hong Kong headquartered firm entered...
Read moreLSH AUTO LOSSES HIT £18M AHEAD OF PANDEMIC HR OWEN ‘JUST ABOVE BREAKEVEN’ IN 2020 HYUNDAI LAUNCHES BREXIT PRICE PROTECTION 2030 EV RULING TRIGGERS ENQUIRIES LEAP 1 IN 5 US CADILLAC...
Read moreLSH Auto UK more than halved its pre-tax loss in 2018 to £4.98 million as the company continues investment in redeveloping its facilities. It will open the UK’s first flagship Mercedes-Benz...
Read moreAUTO LEADERS MEET LEADSOM LSH AUTO LOSSES HALVED AUTONOMOUS CARS ‘WILL ONLY LAST FOUR YEARS’ LOUISE WOODS LEAVES NFDA TOYOTA AND SUZUKI DEEPEN TIES TESLA LAUNCHES CAR INSURANCE STOCKWATCH...
Read moreMercedes-Benz retailer LSH Auto has appointed Martyn Webb as managing director as former post holder Clive Hammond stepped down to take on a new role in the Middle East. Mr. Webb is a former market...
Read morePETER VARDY SETS UP ROCKAR RIVAL NEW MANAGING DIRECTOR FOR LSH RETAILERS FACE CONTINUED PHEV SHORTAGE DEMAND FOR HOME DELIVERY LCVS DRIVING UP VALUES SAYS BCA NEW MANAGEMENT APPOINTMENTS AT MARSHALLS...
Read moreUSED 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...
Read moreA poor performance in its used car operation dragged Chinese-owned LSH Auto’s results down in 2017, leading to a pre-tax loss of £11.8 million, according to the firm’s accounts. In 2017 the...
Read moreBMW CUTS PRODUCTION DUE TO WLTP FEARS FULL DETAILS CONFIRMED FOR USED CAR CONFERENCE RECORD NUMBER OF MOTS COULD CAUSE MARCH BACKLOG VAUXHALL-OPEL LOSSES DEEPEN UNDER PSA BREXIT: DAMAGE CONTROL...
Read moreLSH (Lei Shing Hong) Auto made a £2.8 million loss before tax in 2016 with turnover of £211,200,000. The groups first financial report since establishing itself in the UK does not cover a full...
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