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Peter Vardy to sell dealerships to Parks leaving Porsche Centres as ...
Dec 19, 2024 · Confirming the news, Peter Vardy, CEO of the Peter Vardy Group: ‘ We are delighted that over 300 of our colleagues will transition to a thriving and reputable organisation in Parks Motor Group, ensuring continuity in their career development and future opportunities within a leading company.’ ‘I would also like to express my sincere gratitude and respect for Mr Douglas Park, Ross Park ...
Car Dealer Magazine – The latest in UK motor trade news, …
News. What to expect from Car Dealer Live 2025: Great speakers, exclusive research, brilliant networking. Car Dealer Live 2025 takes place on March 13 at the British Motor Museum and will be a packed day of insightful sessions for anyone connected to the motor trade.
Used car dealer Peter Waddell back in High Court to fight ousting …
Nov 20, 2024 · Big Motoring World founder Peter Waddell is hoping for ‘a screeching U-turn’ by attempting to delay some of the legal proceedings he started, the High Court heard today.
Need to know: What is Cinch? How does Cinch sell cars? Is Cinch ...
Jan 26, 2023 · In essence, Cinch is a used car dealer that sells cars to customers on the internet. It promises customers can buy online with ‘complete confidence’, backing this up with pledges that all cars come with at least a six-month MOT with no advisories, a 90-day free warranty and three days’ free driveaway insurance.
Auto Trader hails 'positive trends' as used car market enters 2025 ...
Jan 7, 2025 · The average price of a used car fell by 0.6% to £16,649 in December as the market remained stable despite the traditional seasonal slowdown. That is according to new data from Auto Trader which has today (Jan 7) published its latest Retail Price Index report.
MG named the most unreliable used car brand as top 10 worst ...
Sep 26, 2024 · MG has been named the most unreliable car manufacturer following a survey of nearly 30,000 owners. What Car? quizzed 29,967 owners of used cars up to five-years-old about how often their vehicles had suffered issues the past two years.
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How much profit do car manufacturers make on new cars? The …
Sep 21, 2021 · He said car makers make an average five per cent profit margin on new cars. 5% Average profit margin for car manufacturers in 2020. But this year that has improved, he said, thanks to a combination of discounts disappearing and a tendency to produce higher margin models due to semiconductor chip shortages.
Supercar dealer Tom Hartley Junior makes £20m profit selling just …
Feb 29, 2024 · Supercar and classic car dealer Tom Hartley Junior increased profit last year to a staggering £20.1m from the sale of just 77 cars. Despite the number of cars he sold in the 11-month period ending March 31, 2023, dropping from 102 to 77, Hartley Junior still saw profit before tax rise by £8.8m.
Evans Halshaw closes long-standing Ford dealership as doors slam …
Oct 19, 2024 · Evans Halshaw has closed one of its long-standing Ford dealerships in the north of England as the dealer group continues to restructure after its takeover by the US-based Lithia Motors.