2 March 2022 - trading update

A positive trading update has been issued by the motor retailing group for the five month period to 31 January with group revenues rising by 9.4% on a like-for-like basis despite the continued shortage of new vehicles.  As a result the volume of new retail car sales during the period fell by 5.4% with sales of retail used cars falling by 4.4%.  On the other hand the group reported a 13.2% increase in volumes of fleet car sales with commercial vehicles also seeing an increase of 7.0%.  Aftersales . . .

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