Car Dealer
Profit dropped £16m at JCT600 in 2024 but company remains positive with ‘overall excellent performance’
Car dealer group JCT600 made a profit of £20.2m before tax in the year ending December 2024, but this figure and turnover were both down on the previous year.
Weekly Briefing: Just how does Arnold Clark make so much cash?
In this week’s Car Dealer Briefing James Baggott rounds up the motor trade news you cannot afford to miss.
WhatsApp group launched to showcase used car bargains for dealers
Innovative new trading platform Dealerway has launched an exclusive WhatsApp group for used car buyers.
Nearly a quarter of new car registrations in June were battery-electric vehicles
June saw battery-electric vehicles account for nearly a quarter (24.8%) of new car registrations, according to the latest figures from the SMMT. The new
Former Lookers director Nigel McMinn snaps up automotive recruitment firm
Former Lookers director Nigel McMinn has snapped up a majority shareholding in automotive recruitment company Pybus.
Volvo and Lotus owner Geely Auto to launch as standalone brand in the UK
Volvo owner Geely Auto is to launch as a standalone brand in the UK with a new electric SUV expected to arrive later this year.
Hyundai accuses its own dealer partner of publishing ‘factual inaccuracies’ over showroom closure
Hyundai has accused one of its own dealer partners of publishing ‘factual inaccuracies’ after the brand terminated one of its sites.
Lender V12 to pull car finance products after parent company withdraws funding
Lender V12 is to pull out of the motor finance industry after parent company Secure Trust Bank decided to withdraw funding.
