Auto Trader: Brits turn to older cars amid ‘economic uncertainty’ Transport and infrastructure Brits are turning their backs on new cars choosing to buy more older models amid “ongoing economic uncertainty”, according to FTSE 100 giant Auto Trader. The Manchester-headquartered company said a “standout trend” of 2025 so far is the “growing appetite for affordable used cars”, particularly those aged between five and 10 years old. Auto Trader has [...]
Auto Trader: FTSE 100 giant faces double City broker downgrade Business Forecasts for FTSE 100 giant Auto Trader have been downgraded by two City brokers, after the firm’s disappointing financial results caused analysts to doubt predictions of strong growth. Peel Hunt slashed annual revenue expectations for the group by four per cent, decreasing its earnings per share forecast by three per cent and profit before tax [...]
Can Cazoo go from collapse to Auto Trader’s ‘undisputed’ rival? Tech Cazoo can double in size over the next couple of years and become the undisputed number two to FTSE 100 giant Auto Trader, the man charged with its phoenix-like recovery has said. Barry Judge, who helped rescue the brand after it collapsed in May 2024, added that the company is working on winning back the [...]
Auto Trader: FTSE 100 giant passes major milestone as profit jumps May 29, 2025 Sales at FTSE 100 giant Auto Trader have accelerated past a major milestone as its profit increased during its latest financial year as it defied a year of high interest rates and economic uncertainty. The Manchester-headquartered group has posted a revenue of £601.1m for the 12 months to 31 March, 2025, according to new figures [...]
Why boss of FTSE 100 giant Auto Trader might ditch his Tesla March 25, 2025 The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.
Auto Trader: FTSE 100 CEO on how to fix the London Stock Exchange March 17, 2025 The government needs to encourage more investment into companies listed on the London Stock Exchange to revive the fortunes of the City, according to the CEO of FTSE 100 giant, Auto Trader. Nathan Coe, speaking on an upcoming episode of City AM’s Boardroom Uncovered podcast, said the UK doesn’t have the same level of “encouragement [...]
FTSE 100 giant Auto Trader gears up for £87m HQ move January 13, 2025 FTSE 100 giant Auto Trader has confirmed plans to relocate its headquarters from a building named after a Manchester legend to a new base worth £87m. The company is to leave its home at 1 Tony Wilson Place in First Street and move to Bruntwood SciTech’s 3 Circle Square in 2026. Auto Trader has been [...]
Auto Trader shares hit all time high: What is driving the FTSE 100 leader? May 30, 2024 Auto Trader has outperformed City growth targets in the past year.
Auto Trader share price soars after profit and revenue jump May 30, 2024 Despite the strong performance, the company noted that there were significant differences in demand for new and used cars.
Auto Trader shares drive to top FTSE 100 after bullish results November 9, 2023 Auto Trader shares soared nearly eight per cent this morning to top the FTSE-100 index amid record demand for firms' services.