Porsche Retail Group’s results for 2016 have shown profits of £7.65 million, up from £6.95m for the previous year.

The group said it had increased new and used vehicle sales by 5.45%. They added there had been strong demand throughout the year, with margins remaining strong.

In the second half of 2016, the group began trading from the newly developed Porsche Centre West London in Chiswick. This provided a significant increase in display and aftersales space. The group also has centres in Mayfair, Guildford, Hatfield and Reading.