TC Harrison turned in a strong performance in 2023 despite inflationary headwinds with pre-tax profits up 16.8% to £11.1m on turnover ahead 11.8% to £365.6m. The group said its Ford business had performed well during the year. The group operates Ford dealerships from Burton, Derby, Peterborough, Huntingdon, and Spalding. Separately, it also operates a JCB business, which it expanded through ...
Read More »TC Harrison doubles profits and increases Ford market share
Family-owned Ford dealer group TC Harrison turned in a strong performance in 2022 with pre tax profits up 122% to £9.5m on turnover ahead 17% to £326.9m. It said it was a good performance given that it had to contend with supply issues during the year and economic headwinds. “While there were challenges posed by pressures arising as a result ...
Read More »HR Owen tops salary charts in Motor Trader Top 200 Dealer Groups
HR Owen has topped the salary charts of dealers in the Top 200 Dealer Groups paying an average employee salary of £50,287. The top-end dealer group narrowly edged out TC Harrison Group into second place followed by Jemca, Park Lane BMW and Sandal Group. Report author Chris Oakham commented on the overall salaries for the Top 200 said: “There are ...
Read More »TC Harrison sees pre-tax profits up 65% to £4.3m
TC Harrison turned in a strong performance in 2021 with pre tax profits up 65.4% to £4.3m on turnover ahead 8.9% to £279.9m. The group said it had been adversely affected by trading disruption caused by government intervention on Covid-19, but it combated this with measures, including cost cutting. “Despite constrained new vehicle supply and government imposed lockdowns closing our ...
Read More »TC Harrison maintains strong Ford market share in challenging year
TC Harrison battled against the pandemic in 2020 seeing a reduction in turnover and pre tax profits in what it described as a challenging year. The group, which operates the Ford franchise, a contract hire business and JCT sales operation generated pre-tax profits of £2.6m compared to £4.4m in 2019 on turnover of £256.8m compared to £305.3m last time. In ...
Read More »TC Harrison maintains share of Ford business but ‘margins tight’
Ford dealer group TC Harrison saw pre-tax profits fall -2.8% to £2.7m on turnover up 5.9% to £304.8m in 2018. The company splits its business into four divisons, two for Ford cars and vans and one each for contract hire and its JCB business. The Midlands Ford car and van dealerships saw turnover rise 3.7% to £93.5m while the Southern ...
Read More »Swansway and TC Harrison win ExpertEye fleet awards
Dealer groups Swansway and TC Harrison performed strongly in the 2019 fleet and automotive ExpertEye awards. Swansway won the Best Fleet Dealer Group (Sales) award for providing the best service to fleet drivers in the ordering and delivery of vehicles while TC Harrison won the Best Fleet Dealer Group (Aftersales) accolade. The Best Fleet Dealer Network (sales) gong went to ...
Read More »TC Harrison signs remarketing deal with BCA
TC Harrison Ford has signed a two-year remarketing deal with BCA to dispose of around 3,500 part-exchange vehicles a year through the auction house. The vehicles will be offered with a BCA Assured report, the majority having the V5 and service history present and provided with a warranted mileage. TC Harrison Ford is part of one of the country’s largest ...
Read More »TC Harrison pre-tax profits fall -7.9% in 2017 with higher costs
Ford dealer TC Harrison reported pre-tax profits down 7.9% to £2.8m on turnover up 4.3% to £287.7m in 2017. The group said that Brexit and the decline in the pound had impacted consumers with rising costs. “The Brexit vote has introduced a degree of uncertainty into the minds of some of our customers and has resulted in the deferment of ...
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