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...
Read moreOver 112,000 fewer cars hit UK roads in September compared to 2020 according to data published by the SMMT. The automotive industry continues to grapple with severe supply chain challenges, in...
Read moreProduction issues continue to impact on new vehicle availability as the semiconductor crisis extends into the winter, with supply completely out of kilter with demand. So in the context of...
Read moreThe 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...
Read moreRetail registrations rose a modest 0.4% in October, but retailers will surely have been hoping for more given that October 2019 was itself a weak month. The market wasn’t helped by the...
Read moreThe average UK motor retailer produced a strong result in October with a profit of just over £6,000. This compares favourably to the prior year, where we saw a small loss, which is more typical of a...
Read moreAlthough still down, October saw the new car market recovering somewhat from the annual trend, with the 153,599 registrations representing a drop of 2.9% compared with the same month last year, and...
Read moreThe average UK motor retailer made a profit of £187 in the month of October. Given that this was once again a record setting registration month, alongside being a strong used car month, it represents...
Read moreCommentators are acknowledging that automotive retailers need to key an eye on private registrations following yet another monthly fall, dropping 1.1% in October compared with the same month in 2015....
Read moreUK motor dealers had a relatively strong October producing a profit in the month of £7,000 which represented a £2,000 improvement on the prior year. While registration levels have been racing away...
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