Tag Archives: porsche

Peter Vardy Holdings went into the red in 2023 with combined losses of -£10.8m on turnover of £551.3m in sharp contrast to the £6.1m pre-tax profits and £590.5m turnover generated in the prior year. The combined losses include a loss of £8.1m for the Perter Vardy Group of companies and a profit of £2.7m from its Car Money broker business. ...

Bowker Motor Group has acquired Porsche Centre Bolton from Lithia Motors Group UK. Porsche Centre Bolton joins Porsche Centre Preston in Bowker Motor Group’s portfolio of eight dealerships, which also includes franchises of BMW, Mini, BMW Motorrad and INEOS Automotive. Porsche Centre Bolton employs over 50 staff. Many of the Porsche Centre Bolton team have been with the Centre since ...

As we come into September it marks the end of the holiday season and the return to work. I hope that everyone reading this blog has found time to get some rest and relaxation and to recharge your batteries. Batteries of a different sort are clearly having an effect on many in the industry as electrification is forced onto a ...

Porsche vehicles offer retailers the most consistently high average profit potential, according to Carwow. 56 used Porsche models achieved an average profit potential of £2,707, ahead of Land Rover at £2,665. Profit potential of £4,970 for a 2019 Porsche 911 was recorded during Q2 auctions, placing the model in first position. Porsche’s 2019 version of the 911 was followed by ...

  May was a bruising month for a raft of car brands in the UK with double digit sales declines. Polestar saw registrations fall -69.6% to 314 units for the month while Fiat saw sales decline -44.9% to 523 units. Bentley was down -37.6% to 68 units and Vauxhall -32.1% to 6,026 units. Toyota fell -17.9% to 6,834 units, Ford ...

Porsche Retail, the factory-owned dealer group, is to open a new Porsche Centre in Guildford towards the end of 2024. Porsche Retail managing director Adam Flint said the building programme was entering the next phase with staff working on site despite the building works. “As the redevelopment at Porsche Centre Guildford enters its next phase, it’s great to see the ...

Porsche Centre Preston has seen Ashley Coverdale qualify its first High Voltage Expert (HVE) technician. Coverdale completed the three-week HEVE accreditation at Porsche Cars Great Britain Training Centre in Reading, Berkshire. He is said to be one of fewer than 50 technicians in the country to complete the tests, theory, and practicals required to achieve the certification. As a High ...

Stratstone Porsche Centres in the Midlands and North West are to offer a home charger with installation for purchasers of new and used Porsche cars. Andersen EV, which bills itself as a premium provider of domestic electric vehicle (EV) chargers, has partnered with Porsche Centres in Bolton, Nottingham, Stockport, Sutton Coldfield, Wilmslow, and Wolverhampton to help more customers make the ...

Carmakers are pulling the plug on their factory owned dealer groups even as they push forward with the Agency model. He ICDP: European Top 50 Dealer Groups 2022 found that Mercedes-Benz and Renault have jettisoned outlets over the past 18 months. “Amongst the OEM-owned dealer groups, the general trend is for them to reduce their own retail networks, even whilst ...

Pendragon’s Porsche Centre has opened in Nottingham to become the second Destination Porsche Centre in the UK network. The centre was opened this week by Krishan Bodhani, CEO Porsche Cars GB. The centre has hosts for welcoming visitors and Porsche Pro staff support the sales team in describing the cars. In a nod to the German origins of Porsche, separate ...