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auto industry sector car dealership

Buoyant new car market sees seventh consecutive month of growth.

Good news for the UK industry as February saw close to pre-pandemic levels of new car sales with a rise of 26.2%, despite traditionally being a lower sales month. Electric and hybrid cars continue their popularity: plug-in vehicles made up nearly a quarter of all sales in a rise of 18.2%, while easing supply chain […]

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64.4% rise in June sees best performance since 2012 for commercial vehicle production.

With 9,549 CV units leaving British factories in the first half of this year, UK CV production saw it’s best first half in a decade, including a year-to-date output increase of 47.4%. According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), the month of June itself were 32.7% above […]

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Our NEW e-Track Electronic Key Tracking Systems – our most secure yet!

Introducing our latest key management tracking solution, a high tech, secure and stylish electronic key tracking system that has intelligence built in – with a SPECIAL OFFER before the end of September saving you £££! With a choice of 20, 50, 100 and 200 key capacities that work with all our motor trade key tags, […]

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car dealership

Profits up 13.6% in 2019 for 30-year-old Mitchell Group.

  Mitchell Group, serving Cheshire, Wirral and the North Dales, celebrated a rise in profits in the year to December, bringing their 2019 pre-tax profts up 13.6% to an encouraging £2.4m on turnover of £57.3m. While new car sales declined 1.5%, customers seemed instead to be responding to the continuing uncertainty by turning to used […]

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Good news for light vans: Demand for LCVs soars as August sees strongest growth since 2013

Positive news continues in the light commercial market as competitive deals see continued demand for Light Commercial Vehicles. In what is usually a low volume month for sales, August saw the the eighth consecutive month of growth for LCV registrations, with a hugely encouraging 41% increase in sales. As many as 23,120 light vehicles were […]

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new car buyer

Lloyd Motor Group see against-the-odds profits rise 18%

Despite current economic uncertainty and “challenging trading conditions”, Lloyd family-run Motor Group saw their pre-tax profits rise 17.9% to 9.8m in 2018, defying the odds to see a gross profit of 6.7% across the group. Lloyd Motor Group has eight franchises across 21 dealerships, employing almost 1,000 people across the North of England and Scotland. […]

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new car buyer

Hendy Group celebrates 160th year with new charity foundation

The Hendy Group, which has new and used car dealership locations spread across the South Coast of England, has launched a charity foundation in its 160th year of trading. The Hendy Foundation, which will provide grants to local charities, projects and individuals of between £500 and £5,000, will take £2 from every car sale creating […]

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used car enquiries

Groupe Renault celebrate their “Dealers of the Year”

At their 2018 annual dealer conference last month, Groupe Renault UK recognised their best dealers from across the Renault and Dacia networks with their 2018 ‘Dealer of the Year’ awards, held at the Radisson Blu hotel in Stanstead on December 17th. The awards recognised the best dealers in the Renault network, incorporating both the Renault […]

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