Cambria Automobiles is preparing for a tough fourth quarter despite ‘encouraging’ sales in the months following lockdown. In a trading update Cambria CEO Mark Lavery said sales in June, July and August had bounced back and were encouraging but had not compensated for the decline in business during the lockdown. The September order bank is also slower than last year ...
Read More »Cambria calls for balanced approach to ICE vehicle ban
Cambria Automobiles has called on the Government to adopt a more balanced approach at its proposed ban on the sale of new petrol, diesel and hybrid cars and vans from as early as 2032. Responding to the Office for Low Emission Vehicles’ consultation on the proposed ban, Cambria CEO Mark Lavery said that electric vehicles have a role to play ...
Read More »Cambria Automobiles H1 profits rise 14.6% to £5.5m
Cambria Automobiles delivered underlying pre-tax profits up 14.6% to £5.5m on turnover up 4.5% to £308.3m in the six months to 28 February. The group saw new car sales fall 23.4% to 3,432 units with like-for-like sales down 19.4%. The average profit per unit sold increased by 30.6%, due to increased profit on retail units, and cuts to lower margin ...
Read More »Cambria to represent McLaren in Hatfield
McLaren Automotive, the British sportscar manufacturer, has appointed Cambria Automobiles to represent the brand in Hatfield. The Hatfield business joins six other dealers in the McLaren network located in Ascot, Birmingham, Bristol, Glasgow, London and Manchester. Last year McLaren sold 550 cars in the UK. Worldwide, McLaren Automotive sold 3,286 cars in 2016, a 99% improvement on the 2015 performance ...
Read More »Cambria boss urges dealers to adopt transparent pricing or face extinction
Dealers must adopt digital tools and transparent pricing or face extinction. That’s the view of Cambria Automobiles CEO Mark Lavery, taking part in yesterday’s Motor Trader Webinar Driving Online Used Car Sales Through Greater Transparency, held in association with CarGurus. Lavery said dealers face a stark choice. “You can try and swim against transparency but if you do, in my ...
Read More »Diesel car values continue to fall at steeper rate than petrol
Diesel vehicles continued to slip at a steeper rate than petrol at three years and 60,000 miles, declining 2% in June, according to cap hpi. It said the values fell because of excess stock in the retail and wholesale markets and also due to changing consumer behavior because of negative headlines surrounding the fuel. On forecourts dealers are seeing ...
Read More »Cambria signs two-year 15,000 vehicle deal with BCA
Cambria Automobiles has signed a two-year deal with BCA to sell around 7,500 vehicles a year through weekly sales in Blackbushe and Bedford. Cambria operates 46 outlets nationwide representing; Aston Martin, Jaguar, Land Rover, Abarth, Alfa Romeo, Dacia, Fiat, Ford, Honda, Jeep, Mazda, Nissan, Renault, Vauxhall and Triumph. It is rated 20 in the Motor Trader Top 200 dealer groups ...
Read More »Register now for MT Webinar and win tickets for MT Awards
Anyone registering for Motor Trader’s first webinar on 6 July will be entered into a prize draw to win a pair of tickets worth £580 for the Motor Trader Awards gala dinner. The webinar Driving Online Used Car Sales Through Greater Transparency webinar, sponsored by CarGurus, features Mark Lavery, chief executive of Cambria Automobiles, Diego Sanson, CarGurus’ vice president of international ...
Read More »Cambria profits rise on decreased turnover
Cambria Automobile has reported record results for the year to 31 August 2011 on decreased revenues but improved profit before tax. Revenues dropped 4.8 per cent year-on-year to £373.3m...
Read More »Cambria comments on ‘retail meltdown’
Cambria Automobiles boss Mark Lavery has described the UK collapse in private demand for new cars as a “market meltdown”. UK sales to private buyers fell 26 per cent in the six months to the end of February. Over the same period the dealer group’s...
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