Fleet News

Dealers pessimistic over future profits

BRITAIN'S motor dealers are 'generally pessimistic about profits', according to the latest Dealer Attitude Survey from the National Franchised Dealers Association.

The survey, which includes the views of the top 30 UK networks, comes in the wake of a host of annual results from dealership groups, many of which show profit margins on new car sales being cut.

NFDA director Alan Pulham said: 'For the last four years the survey has shown the perceived overall value of a new car franchise has progressively fallen. Over 60% of dealer networks continue to express the view that the range of vehicles they sold over the last 12 months has not enhanced the profit potential of their business.' Proton, Citroen, Toyota and Daihatsu dealers' networks have voiced most concern on new car profitability. However, despite those concerns, some franchises are showing 'positive signs' over their relationships with manufacturers.

BMW heads the ratings chart followed by Jaguar, Mercedes-Benz, Land Rover, Audi, Chrysler, Vauxhall, Saab, Hyundai, Skoda, Rover, Ford, Hondas and Renault with Lada and Proton propping up the 30-marque list.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee