Listers Solihull is Omoda and Jaecoo’s 75th retail site. The Listers Solihull site has undergone refurbishment to become the brand’s flagship site in the Midlands. Ben Tustin, Head of Business at Listers said: “Our partnership with OMODA&JAECOO builds on our current brand partnerships and puts us in a strong position to offer an affordable yet premium selection of vehicles. “The ...
Read More »Chinese crosswinds: technology, tariffs and trumping Tesla
After reports of an onslaught of UK newcomer brands from 2023, Chinese marques are still arriving and expanding but there are crosswinds. Clarification from the Government on tariff hikes for Chinese-made electric vehicles should come soon Last year, hardly a month passed by without news of some new brand – mainly with Chinese background or backing – poised to land ...
Read More »Listers profits fall with lower margins on new cars
Listers became the latest dealer group to deliver what is now a familiar pattern for financial results in 2023 with profits down and turnover up. The company made a pre-tax profit down 54.6% to £18.4m on turnover up 1.8% to £1.3bn in the year to 31 March, 2024. The group’s overall gross profit margin decreased to 14.1% from 15.1% last ...
Read More »Marshall bolsters management team with two senior appointments
Marshall Motor Group has bolstered its management team with two senior appointments. Matt Southall has been appointed as strategy and technology director to lead the digital transformation within the group. Southall was previously chief strategy & transformation officer at Lithia UK and Pendragon. He held senior strategic and operational roles at Argos, which was subsequently acquired by Sainsbury’s, and was ...
Read More »Listers Solihull holds Omoda Preview Event ahead of Model 5 launch
Listers Solihull hosted an Exclusive Preview Event for the new OMODA 5 ahead of its UK launch. Omoda has recruited dealer groups Endeavour Automotive, Listers, Peter Vardy, Chapelhouse, and Greenhouse toits dealer network as it prepares for the launch of the 5 model. The 5 models will come with a 7-year/100,000-mile warranty. This level of commitment to delivering high standards ...
Read More »Listers aims to raise £45k for hospital giving £1 for every car sold via BCA
Listers is celebrating its 45th birthday this year and is aiming to raise £45,000 with BCA. The dealer group has a long-standing relationship with the BCA, and as part of its birthday celebrations, £1 of every Listers vehicle sold via BCA will be donated to the Midland Metropolitan University Hospital. “For the last two years, we have been working with ...
Read More »Chinese carmaker Omada adds dealers to network
Chinese carmaker Omada claims to have 50 retail sites confirmed across the UK prior to its launch in April with a full year target of 100. Dealers on board include Listers, Arnold Clark and Greenhous. OMODA arrives in the UK with two cars. The OMODA 5 SUV is powered by a 1.6-litre turbocharged petrol engine. The OMODA E5 is a ...
Read More »Listers profits hit £40.5m with strong margins on new and used cars
Listers Group delivered increased pre-tax profits of £40.5m and turnover of £1.29bn in the year to March 2023. This compares with pre-tax profits of £39.4m on turnover of £1.24bn the prior year. The profit included government business rates relief amounting to £100,000. The profit for the preceding year included £3m business rate support and local authority grants. During the year ...
Read More »Expanding used car sales see Listers profits surge 91% to £39.4m
Listers delivered a strong performance in the year to March 2022 with pre tax profits surging 90.5% to £39.4m on turnover ahead 21.5% to £1.24bn. The group said that it made most of its profit from its Audi, Jaguar Land Rover, Mercedes-Benz, Toyota and Volkswagen divisions. Profit for the year included support from the Government business rates and local authority ...
Read More »Listers profits fall 41% to £7.9m with deliveries hit by pandemic
Listers turned in pre tax profits of £7.9m on turnover of £1.2bn in the year to 31 March 2019. It said its Jaguar, Land Rover, Toyota, and Volkswagen divisions made the most profit for the group. Its performance lagged 2019, which delivered pre-tax profits of £13.4m, according to results filed at Companies House. Listers said profitability was hit in the ...
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