Click the thumbs up >Marshall Motor Holdings reported revenues down by 5.3% to £2.15 billion as pre-tax profits rose 3.7% to £20.4 million in a COVID-19 impacted 2020 car retail market.
Full-year financial results for the 12 month period to December 31, 2020, revealed this morning that the AM100 PLC had retained its financial resilience with the help of Government support as its underlying basis as revenues declined 13.5% (to £1.87bn), alongside pre-tax profits down 5.4% (to £20.9m) on an underlying basis.
Group chief executive, Daksh Gupta, credited Marshallâs 4,300-strong workforce and a rapid shift to digital retail for what he described as an âoutstandingâ response from the business in unprecedented times.
South Africa Motor Vehicle Industry Report 2021 with Profiles of 100+ Players prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
ICDP has set aside a “pragmatic approach” to the evolution of motor retail in a new whitepaper which explores the impact of a ‘clean-slate’ shift omnichannel car distribution.
1 person found this useful
A vast resource of webinars, insight and assets have been made available to the automotive retail sector after ‘open access’ was granted to content from Automotive Management Live Virtual.
AM’s showcase car retail expo event took place virtually in 2021 – rather than taking its usual place on the calendar of events at the NEC in Birmingham – and the new format was hailed as “a stand-out hit” by attendees on January 20 and 21.
Initially the exclusive preserve of car retail group business leaders and employees, the event’s virtual doors have now been opened to general access, giving access to a breadth of industry insight.
Last year, Ben reported a 113% increase in the amount of people visiting mental health pages on its website and a 52% increase in demand for the charity’s services, all whilst battling the shortfall.
Sytner said it had supported Ben for nearly 27 years, championing the charity and its work to a 9,000-strong workforce and since establishing the relationship, Sytner colleagues, dealerships and divisions have contributed to the not-for-profit charity, but say the recent donation is the largest single contribution to date.
Melvin Rogers, director of human resources at Sytner Group, said: “The health and wellbeing of our colleagues is of the upmost importance and we’re pleased that our donation will allow Ben to continue the fantastic support that they offer to everyone within Sytner and the wider automotive industry.