Fears are growing among retailers for profitability through the first half of 2024 and beyond, with an increased number (34% versus 31% six months ago) anticipating that profit will be down. The...

For franchised retailers, delivering an overall net profit from core business traditionally involves carefully juggling multiple revenue and cost drivers across the three pillars of new, aftersales...

New car registrations are accelerating in Europe, but remain in the slow lane. New car registrations were robust in Europe’s top markets, growing a combined 17% year on year and marketing tenth...

Since 2020, the UK has experienced a significant decline in new car registrations, resulting in a shortfall of 700,000 cars per year compared to 2019. As a result, there is now a cumulative shortage...

Retailer fears over profitability have eased, with a reduced number (46% versus 57% six months ago) thinking profitability will be down through the rest of 2023, and a growing number (15% versus 5%)...

With the UK looking certain to go into recession in 2022, which the Bank of England forecasts will be prolonged, if shallow, sentiment among retailers over the country’s economic prospects has hit a...

Nissan will stick with the franchised model for the time being for its network while aiming for a 5% market share, according to the brand’s managing director Andrew Humberstone. And while he refused...

Proving the phrase ‘turnover is vanity, profit is sanity’, Honda is finally back in the black after years of losses, according to head of automobile Rebecca Adamson. The Japanese brand used to...

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....

The recent economic challenges and the industry headwinds have seen a dramatic change in sentiment among retailers for the coming six months. Outlook on the economy is now overwhelmingly negative,...

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...

In outright registrations, Hyundai saw a greater increase than any other brand in 2021 with a gain of more than 22,000 cars to a total just shy of 70,000. Its market share was 4.23% and the network...

DS Automobiles is most of the way through a nine-stage negotiation with retailers covering the switch from a franchised to an agency model, according to UK managing director Jules Tilstone. Setting...

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...

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...

Two in three Fords sold in the UK is now an SUV – and for the company whose Cortina was once regularly Britain’s best-selling car, the large car market has all but disappeared. The current Mondeo...

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...

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...