financial
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Supplier News 16 JanMotability profits dive due to falling used car values
Profits dropped significantly last year at the UK’s largest fleet owner – Motability Operations Group – in line with tumbling used car prices.
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Opinion 11 JanExecutive View: Key actions to take in 2024
Chris Bond, tax partner and head of motor retail, at BDO UK takes a look at the key issues motor retailers should focus on during the coming year.
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Latest News 11 NovAuto Trader half-year operating profits up 121% to £151.7m
Auto Trader has posted a 121% increase in operating profit to £151.7 million for the half year ended September 30.
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Car Dealer News 28 OctInchcape upgrades 2021 profits forecast to ‘at least £290m’
Inchcape has upgraded its group profit-before tax forecast for 2021 to “at least £290 million” driven by a stronger margin performance across the business.
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Car Dealer News 13 MarLookers reports 9% pre-tax profit decline in 2018 financial results
Lookers recorded a 9% decline in pre-tax profits despite growth in aftersales and used cars as WLTP impacted new car supplies and economic uncertainty impacted consumer confidence in 2018.
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Car Dealer News 13 DecCambria reports record £614m turnover during 'softening' retail market
Cambria Automobiles has seen a 17.3% rise in turnover and 53.2% rise in profit before tax to record revenues despite a “clear softening” of the retail market in Q2 and Q3, the group has reported.
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Finance 10 Aug
New car finance up 15% in June
New car finance saw a 15% increase in June year-on year to 84,526 units, according to the latest figures from the Finance and Leasing Association (FLA).
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Finance 24 JulBMW Group Financial Services appoints new group brands general manager
BMW Group Financial Services has appointed Preston Rogers as general manager of group brands in the UK.
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