Absorption rates for the average motor retailer jumped to 93% in March, thanks to returning customers from last year’s new car registrations. That follows something of a slump in absorption in...
Read moreMotor retailers saw the average value of sold red work increase by 24% year-on-year in November from £203.38 in 2021 to £252.23 in 2023. Similarly, the value of sold amber work increased by 23.5%...
Read moreDuring 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...
Read moreFebruary 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...
Read moreTraditionally February produces the largest losses for UK motor retailers and, unless we have a crash later in the year, 2019 looks like being no different. The average dealership lost £19,600 during...
Read more2018 has certainly been a year when the UK motor sector has had to cope with a significant amount of change and disruption. At the start of the year all we had really to deal with was a set of...
Read moreThe average UK motor retailer produced a steady start to the third quarter of 2018, recording a marginal loss for the month of £1,600. While this represents a step backwards from 2015 and prior,...
Read moreThe first quarter of 2018 has been a tough one for the UK’s motor retailers. They have been dealing with a market which has been declining, effectively for a year, and they have been doing this...
Read moreAs expected the average UK motor retailer had a tough November, posting a loss of £18,700 per site for the month. November is always a poor performing month as a result of being mid-quarter and with...
Read moreThe average UK motor dealer produced a stunning result for March, with an average site profit of over £114,000 for the month. This represents a significant increase on the result for the same month...
Read moreThe average dealer lost just under £15,000 in August 2016, the worst result for the year. While, on a headline basis, this does not look great, the result was paradoxically better than expected....
Read moreMaseratis north Europe region manager Peter Denton has set a course for what he advocates as Italys affordably exclusive and increasingly accessible brand, which should see UK sales double between...
Read moreIn profitability terms, for the average UK car dealer, February rarely has much going for it. There are fewer working days and all eyes, for both customer and dealer, are turned towards the new plate...
Read moreSuzuki, nurturing a reputation for good relations with a stable network reflected in high NFDA poll ratings plus strong CSI levels is aiming for a 50,000-unit, 2% market share by 2020 generated...
Read moreLance Bradley, managing director of Mitsubishi Motors UK, has set a course to restore the brands fortunes and consumer consideration levels, expand its network with a core profitability imperative,...
Read moreEver since the plate change month moved to September, August has been a tough month financially for the average UK motor retailer. All attention is focused on hitting the September month-end target,...
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