Tag: 2016

car mechanics

Dealer profit growth ‘likely to slow’ during 2016

Broker Zeus Capital is forecasting “modest levels” of organic growth for dealers in 2016. It said increased new car sales and stronger margins in aftersales would be offset by rising labour and property costs and pricing pressures on used cars. Analyst Mike Allen said he expects “further consolidation” amongst the dealers as the operating environment

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car mechanics

Glass’s foreasts 3% rise in new car registrations in 2016

Glass’s is forecasting that new car sales in 2016 will increase by 3% over 2015. “Employment levels will continue to increase through 2016 and into future years, personal disposable income is also set to increase and the house price Index is gently increasing too. Combined with a steady currency rate against the Euro and the

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