JD Classics founder and wife sued for £64m over fraud allegation
WEB11:11 am, February 4, 2019. THE founder of a major classic car dealership and his wife are being sued for £64m following the collapse of the business. Derek and Sarah Hood are facing court action by the administrators of JD Classics, which was based in Maldon, Essex. The company, which restored and sold historic cars, was founded in 1987 and ...
How much profit do car manufacturers make on new cars? The …
WEBSep 21, 2021 · He said car makers make an average five per cent profit margin on new cars. 5% Average profit margin for car manufacturers in 2020. But this year that has improved, he said, thanks to a combination of discounts disappearing and a tendency to produce higher margin models due to semiconductor chip shortages.
How much profit do car dealers make on new and used cars?
WEBJun 3, 2021 · Some 5.8 per cent of buyers think car dealers make more than 50 per cent profit on new cars. When it comes to who car buyers think makes the most cash out of selling a new car, 56.7 per cent said they thought it was the manufacturer, with 43.3 per cent thinking it was the dealer.
Car Dealer Magazine – The latest in UK motor trade news, …
WEBNews 2 days ago. Land Rover Discovery Sport named dealers’ most profitable used car for sixth month in a row. The Land Rover Discovery Sport was the used car which made dealers the most money in August, according to new data from Dealer Auction.
Updated: Is this used car dealer fake? List of known car dealer …
WEBMar 30, 2023 · Suzuki car dealer Robin Luscombe told the Car Dealer Podcast that ‘every single legitimate car dealer should be sharing these stories to warn others of the con and promote proper dealerships’. It’s hard to argue with him. If you have spotted a suspicious dealership website, send the Car Dealer team a tip off here and our investigations team will look into it and add it to our list of ...
Three-site BMW dealer group makes nearly £8m ... - Car Dealer …
WEBOct 13, 2023 · The Cheltenham site was opened in May 2017 and displays cars and bikes over four storeys. I n its annual accounts, just published at Companies House, it said the results were largely driven by improved gross profit per unit sold – up 58% compared with 2021.It also said it brought in revenues of £214m in …
Forums - Car Dealer Forum
WEBJun 25, 2021 · Private Advanced Members Lounge. This forum is for advanced members. For access, you must have made a minimum of 25 posts in our open forums and provide Car Dealer Magazine with proof of trader status (i.e. a copy of trade insurance). Contact [email protected] for access.
Wheeler Dealers returns to UK soil for 2021 with Marc Priestley …
WEBNov 2, 2020 · James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews.
Everything you ever needed to know about Motability
WEBNov 1, 2022 · Motability is an independent charity that runs the mobility scheme for disabled people. It does not cost the government money, it is instead funded by disabled people who choose to spend their mobility allowance to pay for the cost of their car lease. The charity publishes its own accounts and is run by a team of directors and staff who get ...
Who is Constellation Automotive Group? What does it own and …
WEBJan 31, 2022 · Constellation Automotive Group is a name that’s hit the headlines many times over the past 12 months. Along with a number of sponsorship deals announced, Constellation has been busy on a £1bn investment trail to expand into Europe and it’s ending January 2022 with a major acquisition – 78m shares in listed dealer group Lookers, as reported today (Jan 31) on Car Dealer.