Volvo: Record-breaking year for car maker as UK sales near £2bn Volvo's UK sales jumped closer to the £2bn mark after another record-breaking year, it has been revealed in newly filed accounts.
Renault’s UK sales pass £2bn but increased costs hit profit Manufacturing Sales at the UK arm of car manufacturer Renault accelerated past £2bn in 2023, it has been revealed, despite an industry-wide slowdown, according to newly-filed documents.
Rolls-Royce Motor Cars: Sales accelerate to almost £1bn as global demand grows Manufacturing Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed.
Why this British tech company is succeeding where Cazoo failed July 17, 2024 Tom Leathes, co-founder and chief executive of Motorway, puts his company’s success down to a fundamentally different business model.
Cazoo racked up debts of over £260m as it collapsed into administration July 16, 2024 Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Motorpoint to limit staff salary rises as bonuses for top bosses slashed June 26, 2024 Motorpoint has slashed the bonuses of its top executives after suffering “the most difficult year” in its history.
Motorpoint has the ‘most difficult year in its history’ amid shortage of used cars June 13, 2024 One of the largest used car supermarkets in the UK, Motorpoint, had "the most difficult year" in its history as people buy fewer cars for cheaper, compounded by an industry-wide shortage of pre-owned vehicles.
Caffyns: Car dealer hit by plummeting value of second-hand vehicles June 7, 2024 Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly.
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?
Enterprise Rent-A-Car creates almost 1,000 UK jobs as sales near £2bn April 8, 2024 Almost 1,000 jobs were created by the UK arm of Enterprise Rent-A-Car as its turnover surged towards £2bn during its latest financial year.