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  • Vertu Motors: Profit at car dealership giant falls as UK sales stall

    Transport and infrastructure

    Profit at car dealership Vertu Motors reversed during the first half of its financial year as UK sales of new cars stalled. In interim results filed with the London Stock Exchange, Gateshead-headquartered Vertu Motors reported a pre-tax profit of £22m for the six months to 31 August, 2024, down from the £30.1m it achieved in the [...]

    Last month, Vertu Motors warned of a mild hit to its half-year profit as pressure on household budgets slowed demand for new cars.
  • Vertu Motors enjoys record revenue after bumpy year

    automotive

    Used car dealership Vertu Motors saw revenue and pre-tax profit rise in its annual results after a bumpy previous year forced the firm to issue a profit warning.

    Used car retailer Vertu has reported a year of growth.

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