View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Uncategorized
May 1, 2008updated 12 Apr 2017 12:03pm

Vertu: 2008 results to meet expectations

Motor retail group, Vertu Motors plc is to report that full year financial results are in line with market expectations.In a trading update on March 5, Vertu said it expanded operations with the opening of a new Bristol Street Motor Nation used car outlet in Doncaster in March.

By MF Editorial

Vertu: 2008 results to meet expectations

Motor retail group, Vertu Motors plc is to report that full year financial results are in line with market expectations.

In a trading update on March 5, Vertu said it expanded operations with the opening of a new Bristol Street Motor Nation used car outlet in Doncaster in March.

On a like-for-like basis for Bristol Street Motors’ dealerships, new car volumes sold to private customers rose 10 per cent, it reported. 

Except for the nearly new market, the used car market stayed stable with residual value trends in line with previous years.

On a like-for-like basis, used car volumes at Bristol Street Motors’ dealerships for September to January increased by almost 30 per cent.

 Motor Finance Issue: 41 – March 08 Published for the web: March 27 08 16:39 Last Updated: March 28 08 17:35

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Motor Finance Online