Group sites all rebranded Vertu Profits down but H1 results in line with expectations Vertu EV sales up 10% against retail EV market fall of 7%   Vertu will drop the historic Bristol Street and...

Vertu has given a positive outlook for the year ahead despite “stalled” EV demand in its latest full-year results. In line with market expectations, the group revealed an adjusted profit before...

More consumers than ever are configuring BEVs on online platforms, but are being put off from buying a new vehicle by the high price. So says John Veichmanis, CEO of Carwow, adding: “On the new car...

FCA: ‘NO INTENTION OF BANNING GAP INSURANCE’ AUTO TRADER TRENDED VALUATIONS OPEN TO ALL FORRESTER AND VEICHMANIS JOIN AUTO RETAIL LIVE RETAILER EMPLOYEE GUILTY OF FRAUD WITH PRE-PAYMENT CARDS...

INCHCAPE SETS UP SPECIALIST TEAM AFTER FLOOD USED CAR MARKET HEALTH ‘ROBUST’ DESPITE FALL IN VALUES FORRESTER, PONTIN AND VEICHMANIS TO JOIN AUTO RETAIL LIVE ANDREW PILKINGTON JOINS VINFAST UK...

GARY SAVAGE HITS BACK AT NFDA SURVEY RESULTS MARSHALL POSTS £43m PROFIT FOR 2023 CAZOO LAUNCHES CONVERTIBLE NOTES EXCHANGE OFFER AUTO TRADER SAYS ‘CONTEXT IS CRITICAL’ AS USED PRICES FALL COX...

CUPRA BOSS SLAMS 2030 ‘DOGMA’ SMART UPS NETWORK TARGET CLIVE SUTTON CLAIMS VICTORY IN LEGAL BATTLE EUROPCAR ADDS ORA FUNKY CAT TO DAILY RENTAL BYD ‘DECLARES WAR’ ON WESTERN OEMs FERRARI CHINA...

Vertu Motors has changed its view on the role of digital within the group to focus on efficiency and productivity gains, according to CEO Robert Forrester, speaking at the NFDA Driving Digital...

NEW JLR UNIFORM DIKTAT ANGERS RETAILERS TOM HARTLEY IN COURT ARNOLD CLARK WILL NOT RENEW THIS MORNING DEAL CAZOO LENDERS BRING IN BANKERS FOR DEBT RESTRUCTURE JOIN SWANSWAY, PERRYS AND AUTO TRADER...

Vertu Motors is set to implement a new group-wide used car pricing system called Vertu Insights. It will not only provide real time used car valuations but also track each dealership’s pricing...

Vertu Motors has outperformed market expectations with a £39.3 million adjusted profit before tax figure on a £4 billion turnover – a new record for the business – for the full year to 28...

Despite headwinds, Robert Forrester told BBC Radio 4 Today over Christmas, new car order take remains “pretty good” and used car demand levels are matching late 2021 levels. “Staggering” used...

PENDRAGON IS LATEST HELD TO RANSOM CONSTELLATION IN NEGATIVE MOODY’S OUTLOOK FORD NAMES PROVING GROUND HQ AFTER LATE MARSHALL CHIEF ROBERT FORRESTER TO SPEAK AT AUTO RETAIL LIVE LITHIA CONFIRMS...

Business costs, particularly around energy and wages, have risen sharply, but all the headlines about these being ‘unprecedented’ is nonsense. So says Vertu CEO Robert Forrester, with a reminder...

Vertu has delivered its second highest set of first-half results on record with an adjusted profit before tax of £28.2 million on a turnover just shy of £2 billion and hinted at more acquisitions....

Vertu Motors has revealed record results for the year ended 28 February 2022 with a profit before tax figure of £80.7 million. The profit figure was up on market expectations and is up from a...

Vertu has boosted holiday provision for its 6,000 colleagues. The retailer, with immediate effect, now offers a minimum of 25 days plus statutory days, which rises to 29 days in line with service...

DS AGENCY MOVE ON TRACK FOR JUNE 2023 EMIL FREY EMAIL HACKER WARNING VERTU REVEALS NEW ONLINE LEARNING PLATFORM READ MOTOR GROUP OPENS EIGHTH RETAILER US TO INTRODUCE ‘RIGHT TO REPAIR’ BILL GLOBAL...

Vertu Motors has hit a record adjusted first half profit before tax figure of £51.8 million. The results come on the back of a £1.9 billion turnover. Vertu has also upped its full year expectations...

Robert Forrester bought a Ford Fiesta for his daughter a year ago. In the past seven weeks, its value has jumped £1,200. “It’s quite staggering, isn’t it,” said the Vertu CEO. He calls the...