Vindis Škoda (Bury St Edmunds) has been crowned overall Retailer of the Year at the annual Skoda UK dealer awards. The Retailer awards celebrate retailer excellence across the Škoda network. Vindis beat off competition from 125 Škoda retailers across the UK. In second place was Barlow Motors (Crewe), the overall winner in 2023, and in third was RRG Škoda (Rochdale), ...
Read More »Vindis reports increased revenues and reduced profits in 2023
Vindis battled with inflationary headwinds in 2023 and delivered pre-tax profits of £107,147 on turnover of £436.1m. This was in sharp contrast to the prior year which saw pre-tax profits of £10.3m on turnover of £378.2m. But the 2022 accounts included a £8.7m exceptional item generated by the sale of five properties. In accounts filed at Companies House it said ...
Read More »Vindis delivers strong performance with profits surging 39% to £10.3m
Family-owned Vindis group turned in a strong performance in 2022 with pre-tax profits surging 39.2% to £10.3m on turnover ahead 4.4% to £378.2m. The group, which has its head office in Huntingdon and trades across six counties, said it was satisfied with result given the macro-economic climate. With new car supply problematic due to component shortages it shifted more resources ...
Read More »Vindis delivers £7.4m profits with 30% surge in used car volumes
Vindis Group saw profits rocket in 2021 with strong performances across the board in new and used car sales and aftersales. The group saw profits hit £7.4m compared to losses of £911,000 the prior year with turnover up 24.1% to £362.4m. Vindis Group represents Audi, Bentley, Ducati, Škoda, Seat, Cupra, Volkswagen and Volkswagen commercial vehicles across six counties with a ...
Read More »Vindis Group launches #PlantedbyVindis project
Vindis Group has announced a new partnership with Tree-Nation as part of the dealership’s commitment to becoming a sustainable, Net Zero organisation by 2030. Launching on Earth Day 2022, every new and used vehicle delivered across Vindis Group dealerships will automatically plant a tree in one of the Group’s chosen projects across the globe, including Eden Projects in Madagascar and ...
Read More »Vindis flags up ‘amazing efforts’ of staff in pandemic year
Vindis Group battled with the pandemic in 2020, turning in pre-tax losses of £911,270 compared to losses of £1.9m in 2019 on turnover of £292.1m compared to £255.3m last time. Used and new volumes were down circa 20% on 2019 with aftersales down 15%. During the year it used the government furlough scheme and rates relief to protect cashflow. In ...
Read More »Slowing demand and WLTP hit Vindis’ new car sales in 2018
Slow trading conditions and supply shortages caused by WLTP saw new car sales volumes decline 17.9% at Vindis Group in 2018. The group saw turnover fall to -8.4% to £381.8m compared to £416.9m in 2017 with pre-tax profits of £1m compared to £3.4m the year before, according to accounts filed at Companies House. The 2017 profit figure included an exceptional ...
Read More »Manheim signs trade-in deals with Endeavour and Vindis
Endeavour Automotive has signed a two-year deal with Manheim to dispose of 2,000 vehicles a year through its auction centres. The dealer group will use Manheim’s ‘Seller Advance’ system, which provides real-time part-exchange valuations direct to forecourts, alongside cash advances to aid working capital and business growth. Endeavour Automotive will launch its new auction programme on 16 January, offeing 40 ...
Read More »Vindis refurbishes Volkswagen dealership in Cambridge
East Anglia dealer group Vindis has refurbished its Cambridge Volkswagen dealership. The family-owned motor dealer group represents Audi, Volkswagen, Bentley, Ducati, Skoda, Seat and Volkswagen commercial vehicles. Mark Hudson, VW Brand Director at Vindis, said: “We’re delighted to be launching the newly refurbished Cambridge VW as part of Vindis’ ongoing programme of development and customer care. “The new premises and ...
Read More »