Three franchised dealer groups have announced their end of year result. Warwick’s Rybrook Holdings saw turnover increase from £749m to £811m in the year ended 31 December 2019. Profit before tax, however, declined from £1.9m to £1.2m. During the year, they acquired Jaguar and Land Rover Stoke for £1.2m, selling the Jaguar operation in June […]
Read More →Franchise retail groups, Glyn Hopkin and Eastern Western both report pre-tax profits up for the year ended 31 December 2019. Glyn Hopkin has reported a £3.1m profit before tax as turnover increased 5.7% to £453m. The directors said this was particularly impressive given lower supply from its major manufacturer partners Nissan and FCA. This was […]
Read More →Eastern Western Motor Group has opened a new Nissan retail site in Edinburgh. The £6.5 million Western Nissan facility is located at Edinburgh’s Luxury Car Village in Newbridge. Built to the latest Nissan CI standards, the showroom has space for 15 vehicles, a 14-bay workshop and a 125-space forecourt for Nissan approved used stock. The […]
Read More →