UK motor retailers have recovered over the past 12 months from the pandemic, according to the Motor Trader Top 200 Dealer Groups. Combined MT Top 200 turnover is up 18% to £75.1bn, which is almost back to the 2019 pre-lockdown turnover of £76.6bn The entry level turnover for this edition of the MT Top 200 is up slightly on the ...
Read More »Motor Trader reveals top dealer groups for return on sales
Mitchell Group delivered the highest return on sales according to the more recent Motor Trader Top 200 Dealer Groups published in the April issue of Motor Trader. Mitchell delivered a return on sales of 5.6% closely followed by Appleyear which delivered a return on sales of 3.4%. Average return on sales for the entire MT Top 200 is up substantially ...
Read More »MT Top 200, Diversity in motor retailing, EV Retail Summit 2022
Check out the April issue of Motor Trader, which features our annual look at the Top 200 Dealer Groups in the UK by turnover. Dealers turned in an impressive performance in the latest report with profitability and return on sales showing strong gains. While turnover fell 17% to £63.6bn, profitability increased with average return on sales for the entire MT ...
Read More »Porsche Retail auction at BCA delivers record £1.9m sales
Porsche Retail, the factory owned dealer group, continues to market its part exchange vehicles through BCA. The group, rated 53 in the Motor Trader Top 200 with annual turnover of £304.1m and pre-tax profits of £8m, sold 2,082 new cars in 2018 and 1,573 used vehicles. . A sale for Porsche Retail at BCA Blackbushe on 8 January set new ...
Read More »Motor Trader Top 200 survey reveals top paying dealers
The Motor Trader Top 200 survey has revealed some of the top paying dealers in the UK. Park Lane BMW tops the listing for 2019. The dealer group, rated 48 in the MT Top 200 Dealers by turnover topped the salary table as it did last year with an average wages or salaries of £48,905. This is 61% higher than the ...
Read More »The December issue of Motor Trader is now online
The December issue of Motor Trader is now online, featuring the exclusive Motor Trader Top 200, which details the financial performance of UK dealer groups. This new report sees dealers come under pressure with combined pre-tax profits down 26.5% to £677m on turnover up 3.1% to £75.2bn. Despite the tail off in performance the number of people employed in the sector ...
Read More »MT Top 200 reveals who pays most in motor retailing
Dealer groups situated in the South East and retailers of prestige and exotic cars are the top payers in the business, according to the latest MT Top 200 Dealer Groups. Park Lane BMW is the top payer with an average salary of £47,236 per annum. This is some 61% higher than the weighted average of £29,251 for the 171 groups ...
Read More »MT Top 200 dealer sets the pace with RoS of 4.5%
Southport-based dealer group, Chapel House Holdings delivered the highest return on sales in the Motor Trader Top 200 at 4.5%. (See full table below) This was the second year in a row it took the top slot in the dealer profitability ranking. Other groups delivering return on sales in excess of 4% included Hawkins Motor Group (4.3%), Mitchell Group (4.2%) ...
Read More »MT Top 200 sees record turnover as market consolidates
The 2018 Motor Trader Top 200 saw turnover rise 5.9% to £73bn but the return on sales fell to 1.14% The pace of consolidation is less frenetic than in the past but the top 10 super groups still managed to increase their share of total Top 200 turnover to 44.8% from 44% last time. The top 10 supergroups’ combined accounted ...
Read More »December issue of Motor Trader is now online
The December issue of Motor Trader is now online featuring the financial performance of the Top 200 Dealer Groups in the UK. It also highlights of the Motor Trader Summit, which took place in Birmingham this year, focusing on profitable digital marketing in 2019. The issue looks at how Pendragon is appealing a £134,000 fine for not disclosing ex-keeper of ...
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