Vertu Motors has used the upheaval of the global pandemic to improve the way it operates and has improved profits, margins and its costs while chief executive Robert Forrester has used the results to...

Full year profits for Vertu Motors are down for the second year in a row as the group continues to reflect the difficult trading conditions in auto retail. The group has delivered adjusted profit...

Pendragon has delivered financial results for the first half of 2017 ahead of expectations with revenue up 6.3% across all its businesses, and UK Motor revenue up 4.4% to £2.23bn. The growth was...

Vertu Motors has reported a fifth year of growth to hit a new record performance for the group. The results for the year ending 28 February 2017 were ahead of analyst expectations with a turnover of...

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Want to read more articles on this website? Sign up for a free trial subscription to carry on reading this article and receive Auto Retail Bulletin magazine together with our Auto Retail Agenda weekly...

Want to read more articles on this website? Sign up for a free trial subscription to carry on reading this article and receive Auto Retail Bulletin magazine together with our Auto Retail Agenda weekly...

Vertu Motors has recorded increases in both revenue and profit in the six months to the end of August 2016, compared to the same period last year. The auto retailer saw revenue rise 17.7 percent to...

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As 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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Another day, another retailer group acquisition. Even if that’s not strictly true, the recent flurry of activity on the acquisition front has certainly kept legal types, accountants and the media...

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There doesn’t seem to be much that automotive retailers can do at the moment to reassure investors against a continuing backdrop of global economic and market uncertainty. World financial markets may...

A falsely buoyant picture is likely to be painted by September’s new plate change, with the situation being complicated by record levels of pre-registrations and some worrying factors about to...

The impact of the general election on UK stock prices was illustrated nowhere better than in the automotive retail market, with prices dipping pre-election only to soar to new highs as the result...

It’s a rather sobering thought that shares in Vertu Motors, undoubtedly one of the UK’s most successful auto retailers, have only just climbed back to their initial, 2006 flotation price of 60p....

The question of forced registrations has always been one of the worst kept secrets in the auto retail industry but suddenly, it seems, everybody is talking about it. Since Vertu Motors drew attention...

Vertu Motors told shareholders at its AGM that, during the four month period to 30 June, the group has traded ahead of the prior year with like-for-like profit growth in each of the key areas of new...

Vertu Motors’ statement to its shareholders  about self-registrations certainly put the cat among the pigeons. Within minutes other retail group chief execs had weighed in with their...