The UK automotive retail sector showed exceptional resilience and flexibility in the pandemic, followed by very strong trading in 2021. But continuing supply constraints, the headwinds of macro...

CarMax is a US used car dealer business I have admired for some time. The share price chart speaks for itself having listed in 1997 for $10.25 and at the time of writing stands at $127.01, a 1139.1%...

Lookers reported in September with its unaudited interim results for the six months ended 30 June 2021. The key points the H1 report noted were that, despite its showrooms being closed during Q1,...

Dealer groups have shown a great deal of resilience and flexibility throughout the Covid-19 pandemic, and they can be expected to continue to adapt and work closely with OEMs as the industry evolves....

At the beginning of July, Pendragon moved to reinstate guidance on its performance to the market. According to the data it released, which was positive considering the pandemic, while profit before...

In a busy Month, Cambria was first to report, presenting its unaudited interim results at the start of May for the six months to the end of February 2021. In summary, while revenue fell by 16% to...

The release of Cambria’s results for the first half of 2021, combined with trading updates from Inchcape and Lookers, and results from Pendragon, highlight just how well the established car retail...

At the start of the March Vertu published its trading update for the five months to the end of January. The board, according to CEO Robert Forrester, is expecting profit before tax to be “in line...

Three companies reported to the market in January, and first up was Cambria with a trading update. With the background of lockdowns, the report noted that the first quarter’s trading (year ending 31...

The coronavirus pandemic has greatly impacted the nation and affected the way we live, eat and shop. Consumers are looking for alternative options throughout their daily life, creating a culture of...

It’s been a fortnight now since the enforced COVID19 restrictions came into force and we don’t need to tell you about the issues everyone is facing at the moment, but we wanted to outline some...

A busy month of reporting and announcements kicked of in February with Inchcape, with a note on the departure of group CEO Stefan Bomhard who is leaving at the end of June to become CEO of Imperial...

With the backdrop of the election having been and gone, and the UK finally leaving the European Union – some 10 months late, it appears that the country is in good spirits. As reported on the...

A number of retailers reported in November, with mixed sets of results. First out of the trap was Lookers on 6 November with a trading update for its Q3 ending 30 September 2019. The report started by...

The year is almost done and the annualised sales data for new vehicles hasn’t been great for either the UK or Europe. For the UK, the SMMT noted that September’s new car registrations were up 1.3%...

We’re in the midst of turbulent times. Westminster, the economy, international relations, corporate failures – all are in a state of flux and it’s affecting retailers with wildly differing...

The consumer has proven to be relatively robust to date and a number of listed dealers have reported positive earnings trends in recent months. Clearly challenges remain: the resignation of Theresa...

Full year results for 2018 for those listed dealers with December year ends (Pendragon, Lookers and Marshall Motor Holdings), displayed several common market themes that have influenced each of the...

Pendragon has been in the news of late. Last month saw a number of substantial bids for the retailer, and this month comes news of the appointment of a new CEO from 4 March, Mark Herbert, who takes...

January was a relatively quiet month for retailers reporting or making announcements. First came Cambria which, at the start of January, outlined its trading for the first three months of its current...