Vertu Motors: Profit at car dealership giant falls as UK sales stall

Vertu Motors: Profit at car dealership giant falls as UK sales stall

City A.M.

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Profit at car dealership Vertu Motors reversed during the first half of its financial year as UK sales of new cars stalled. In interim results filed with the London Stock Exchange, Gateshead-headquartered Vertu Motors reported a pre-tax profit of £22m for the six months to 31 August, 2024, down from the £30.1m it achieved in the [...]

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