HR Owen has topped the salary charts of dealers in the Top 200 Dealer Groups paying an average employee salary of £50,287. The top-end dealer group narrowly edged out TC Harrison Group into second place followed by Jemca, Park Lane BMW and Sandal Group. Report author Chris Oakham commented on the overall salaries for the Top 200 said: “There are ...
Read More »Motor Trader reveals top UK Dealer Groups for Return on Sales
Dealers delivered a strong performance in the just published Motor Trader Top 200 Dealer Groups. The average Return on Sales (RoS), that is pre-tax profit as a percentage of sales for the whole MT Top 200, including estimates, increased to 2.87%, which is a record and a considerable increase on 0.78% three years ago and 1.51% last year. The leading ...
Read More »Motor Trade Radio on MT Top 200, Sytner and Ford
On this Saturday’s episode of MotorTradeRadio.com, Philip Nothard, head of external relations at Cox Automotive, is joined by Curtis Hutchinson, editor at Motor Trader to discuss the latest headlines. The big story of the week was the release of the Motor Trader Top 200 Franchised Dealers, the annual survey of the performance of the franchised car retailing sector, which revealed ...
Read More »December issue of Motor Trader is now available online
The December edition of Motor Trader is now available to read online complete with the latest news and analysis for car dealers. The issue contains the Motor Trader Top 200 Franchised Dealers, our annual survey of the performance of the franchised car retailing sector, which reveals record profits and turnover for the sector. The November edition also includes coverage of ...
Read More »Record profits for Motor Trader Top 200 Dealer Groups
The Motor Trader Top 200 dealer groups turned in a record performance in 2017 with pre-tax profits up 9.9% to £1.07bn on turnover up 12.4% to a new high of £68.9bn. The average return on sales dipped from 1.3% to 1.24% during the year but the return on sales for the Top 25 dealer groups ranged from 2.1% to 5.8% ...
Read More »Motor Trader reveals 2017 Top 50 Independent Dealers
The newly published Motor Trader Top 50 Independent Dealers survey tracks a sector in good health with combined turnover up 20% to £4.4bn. Turnover of the 43 companies in both the 2016 and 2017 MT Top 50s increased 17.2% and the entry point for the MT Top 50 rose from £10m to £17.5m. The MT Top 50’s average pre-tax profit ...
Read More »Top 50 dealer groups are failing to maximise on Facebook spend
Over 40% of the largest dealer groups in the UK are wasting budget on Facebook by not using the platform’s tracking capabilities, according to research by Radar Video. The research tracked Facebook usage amongst the top 50 groups in the Motor Trader Top 200 and found that while most dealers have a Facebook page and advertise on the social network, ...
Read More »Acquisitions lift profits and revenues at Park’s of Hamilton
Park’s of Hamilton has reported increased turnover and profitability on the back of its acquisition of Macrae & Dick and Menzies in January 2016. Overall group turnover, including its coach division, rose to £551.1m for the year to 31 March 2016 compared to £448m last time with pre-tax profits of £16.9m (£16.3m). Stripping out the activies of its coach division ...
Read More »Where are you in the Motor Trader Top 200?
We’re delighted to reveal the names of the biggest UK franchised dealer groups in the latest edition of the Motor Trader Top 200. We’ve been publishing the Motor Trader Top 200 for over 20 years and as the biggest survey of its type it continues to track the ebb and flow of the car retailing sector. The latest survey reveals ...
Read More »2016 Motor Trader Top 200 Franchised Dealers
Pendragon retained its position as the largest dealer group in the UK with annual turnover of £4.45bn, according to the 2016 Motor Trader Top 200 Franchised Dealers. It was closely followed by Sytner in the number two position with annual sales of £4.23bn. Lookers was in third place, bouncing Arnold Clark Automobiles into fourth position. Arnold Clark had held the ...
Read More »