Tag: dealer profit

car mechanics

Dealer profits rise 50% in April but return on sales fall

The average UK car dealer saw a year on year profits rise 50% to £9,000 in April, according to the latest data from ASE, the dealer profitability specialist. The improvement was achieved despite a fall in return on sales from 1.3% to 1.23% in the rolling year to date. “The fact that we have seen

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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

Average dealer profit rises 40% to £7,000 in October

In the 12 months to October the return on sales was 1.3%, well down on the 1.47% achieved in the 12 months to October 2014, according to dealer profitability specialist ASE. The fall is a result of a 7.5% fall in year to date profit being exacerbated by a 3.9% rise in turnover levels. October

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