Share values in core UK auto retail groups held steady during February and showed none of the significant rises that we have come to expect as we move into the results reporting season. Historic...
Read moreGlobal stock markets continue to trade at, or around, record highs as professional investors and chief executives say they are more confident about prospects for global growth. A recent survey by PwC...
Read moreFears of a slowdown in the UK auto retail new car market continue to hit investor sentiment in the sector and it was another poor month for auto retail stocks on the London exchange. This despite a...
Read moreAs we enter the final countdown before Britain goes to the ballot box on 23 June, the decision to stay in or leave the European Union is possibly one of the most important in setting the direction for...
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Read moreBuying shares this year should have come with a likely-to-cause whiplash disclaimer, with uncertainty in so many quarters. Will the Eurozone be in tact by Christmas? Is global economic growth...
Read moreHighlighting the fickle nature of the financial markets and despite the widely reported strength of the automotive retail sector when compared with other investment opportunities, the trend in share...
Read moreAfter two months of steady falls in global auto retail stocks the market stabilised in June across Europe but continued to struggle in the US, where values plunged into the red. The geographic split...
Read moreThe economic uncertainties of global markets continue to trouble auto retail stocks with a mixed picture in April after last March’s apparent stability. The reporting season brought strong gains...
Read moreShares in international auto retail group, Inchcape, bounced up sharply on the announcement of pre-tax profits up 10.1% to £126.8m in the first half of the year but then dropped back and have...
Read moreStock markets around the world have crashed in August and, unsurprisingly, auto retail stocks have generally followed the trend, making it another poor month for investors in the industry. If there is...
Read morePendragon, the UK’s largest auto retailer, is refinancing using a fully underwritten rights issue as part of a move to improve its borrowing terms. The aim of the rights issue will be to raise...
Read moreWhichever way you look at it, it’s been a good week for Jack Petchey. The veteran auto retailer investor owns around 66.22 million shares in Lookers and they’ve risen by 7.5p over the past...
Read moreShares in Lookers ended the week up almost 20% up after two days of speculation about possible takeover bids. The price rise and speculation forced the company to issue a statement last Thursday in...
Read moreShares in Pendragon jumped nearly 30% this week after rumours started circulating about a possible takeover bid. The UK’s largest auto retail group has seen its market value slump in recent...
Read moreShares in Inchcape dropped sharply on the announcement of the company’s half-year results to lose some of the substantial gains made earlier in the month. The losses came despite analysts...
Read moreShares in Lookers rose as much as 6.6% after the Manchester company said it believes it will deliver record results for the first half of the year, despite the economic challenges facing the UK retail...
Read moreFor a short while it seemed as though the auto retail industry was on the road to recovery – at least as far as professional analysts and investors were concerned. But share movements in May...
Read moreShares in Vertu Motors have steadily dropped in value since the company announced its full year trading results to end of February 2010 in early May. This despite a positive initial reaction from...
Read moreAfter several months when the general direction of auto retail stocks has been unclear there was a sharp correction in October with widespread fall in values on both sides of the Atlantic. This fall...
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