Tag Archives: vertu

Vertu Reading Mercedes-Benz has welcomed a group of the manufacturer’s retailers from Thailand. The visit was intended to share insight into how their site has become one of the most successful in the UK. The dealership, on Richfield Avenue, was chosen to host the incentive trip because the service department consistently achieves some of the highest customer satisfaction score in ...

Vertu Motors has posted an adjusted profit before tax of £28.2m (H1 FY22: £51.8m), on revenues of £2.0bn in its interim results for H1 2022. Revenues grew 3.9% and the Group is now anticipated to be the fourth largest automotive retailer in the UK by revenues. The Group now forecasts that full year profits will be ahead of market expectations. ...

Vertu Motors has reported that it had performed strongly in H1 financial year, but said there remains uncertainty around vehicle supply and the macro-environment for consumers. This, it said in a trading update, is likely to be affected by rising energy costs and inflation generally. As a result, profitability is expected to be more weighted to H1, but the Board ...

Vertu Motors has today announced a partnership with British Basketball League team Leicester Riders starting from this coming 2022/23 season. Running for three years, thw partnership involves supplying a fleet of Toyota vehicles from Vertu’s Leicester dealership, branding on the team’s shorts and across the Morningside Arena, plus the provision of match day advertising opportunities. Chris Taylor, group operations director ...

Danny Birkett, service manager at Vertu Durham Honda, has been recognised with a national award. Vertu Motors plc announced the winners of its 2021 CEO Management Awards, which acknowledge colleagues who have performed exceptionally well and delivered the highest levels of leadership throughout the year, naming Birkett as Service Manager of the Year. Nominations are made by Operational Directors to ...

The Vertu Motors group has contributed £140,000 to Junction 42. The charity, based at Brunswick Methodist Church, in Newcastle, supports the welfare of prisoners while they are serving their sentences, as well as helping them reintegrate back into society on their release. Half of the money has supported Junction 42’s Stories of Hope packs scheme, which was first started as ...

Three Vertu Motors plc dealerships have been named as winners of one of Ford’s 2021 Chairperson’s Award. Bristol Street Motors Bolton Ford, Kings Norton Ford and Macklin Motors Glasgow Ford received the manufacturer’s highest accolade. The winning dealerships demonstrate the delivery of exceptionally high levels of customer service and satisfaction, combined with strong sales and aftersales performance, despite the challenging ...

Vertu Motors has bought Wiper Blades, an e-commerce business specialising in the on-line sale of car wiper blades for £3.5m. Wiper Blades Limited complements the Powerbulbs.com business the Group bought in June 2021. These businesses are complementary additions to the successful Aceparts e-commerce business that the Group acquired in 2015. The £3.5m outlay includes £1.1m of cash and goodwill of ...

Max Errington, an apprentice technician at Vertu Slough Mercedes-Benz, is gearing up for a week of work experience at Lewis Hamilton’s AMG Petronas Formula One team headquarters. He has been awarded the prize after being selected for the Mercedes-Benz Tony Pritchard Recognition Award. Errington was nominated by service manager Scott Marshall in the Apprentice of the Year Awards, as an ...

Vertu said today the market outlook “remains unclear” due to uncertainty surrounding consumer demand. It added however that it expected new vehicle supplies to improve in the coming months. In a trading update following the release of its results in May it said that constrained supply of new vehicles in the UK continued but that margins in both the new ...