In its recent trading update, Lookers provided guidance that it expects to report an underlying profit before tax for H1 of approximately £45m, down from £50m in the first half of the prior year....

In May I reviewed in detail the performance of Cazoo, with particular focus on how it has done against the plans it laid out prior to floatation. Since then we have seen Carzam enter voluntary...

There has been a lot of analysis and press recently around the performance of Cazoo, both in terms of its recent trading announcements and its share price performance. Since floatation the share price...

The results are in and they confirm that 2021 was the most profitable year for motor retailers we have ever seen. The average UK retailer made a return on sales of 2.49% during the year. It can be...

2021 is going to go down as a record year for motor retail profitability. Indeed it is probably one which is never going to be surpassed in terms of collective profits earnt. While retailers are busy...

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...

During the course of 2021 we saw most motor retailers post record profits, even in historically tough months, on the back of strong retail margins, good used car volumes and controlled costs. This...

2020 proved a phenomenally profitable time for UK motor retailers, with the average business increasing their EBITDA by 41% when compared to the prior year. There were a large number of ‘winners’,...

October’s profitability results showed that there is no sign of the current boom ending, with the average UK motor retailer making a profit of £62,000 in the month. This represents a £9,000...

UK motor retailers continued their strong performance during the month of September, delivering a profit of £168,000 on average during the month. This strong result represents an improvement of...

Ever since the plate change month moved to September the month of August has been quiet, with retailers and customers either thinking about holidays or looking forward to the impending new...

The average UK motor retailer continued the trend we saw during the second quarter producing a strong performance during the month of July. Despite new car product shortages starting to pinch for some...

The financial results for motor retailers have been nothing short of superb during the first half of 2021, surpassing all expectations. Despite the fact that we have been operating under a variety of...

It would be an understatement to say that the UK motor retail sector has performed phenomenally well since the showroom doors were reopened in April. We have seen the lessons learned and advances made...

Comparing motor retail profitability has been a real challenge over the course of the past year given the unprecedented circumstances we have faced with furloughed staff and closed showrooms hitting...

February always represents a tough month for UK motor retailers, albeit 2021 brought about a non-traditional set of challenges. While February retained the challenge of being a short month, with a low...

As we start 2021 this is certainly going to be a first quarter like no other that we have seen. We are going to spend the entire quarter, usually our busiest of the year, with the showrooms locked...

Well we certainly aren’t going to forget 2020. A year massively disrupted by the Covid pandemic, with retailers forced to close showrooms and move online, frequently with phenomenally little notice....

November is always a loss-making month for UK motor retailers and these challenges were exacerbated in 2020 with the announcement of an England-wide lockdown at the start of the month, adding to...

The frankly stunning post-lockdown profitability results for motor retailers continued during the month of October, with the average retailer making a profit of £53,000, compared to a marginally...