Fleet News

Reduced margins at Gowrings

JOHN Fowles, chairman of Gowrings, the publicly quoted Ford Motor dealerships and Burger King restaurants group, told the company's annual meeting there would be no further capital spend on its motor operations outside the new Oxford bodyshop which opens this month.

He said the company's sales of new and used cars were up on last year despite industry uncertainties, although margins were reduced.

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