The outcomes of the newest analysis by Automotive Administration and BDO into the UK’s greatest franchised seller teams is right here within the 2024 AM100 report.
And the report additionally appears into the efficiency of the ten largest used automobile sellers, the ID10, plus the outlook for automobile manufacturers within the UK market.
What an thrilling interval that is for motor retailers.
By no means in dwelling reminiscence have we had so many new automobile manufacturers attempting to turn out to be established within the UK market, at the exact same time because the incumbents are battling to adapt and keep market share.
The affect is clearly seen within the AM100 analysis, with BYD, Omoda, GWM Ora and Genesis now popping up within the AM100’s franchise combine.
The continuing community redevelopment by Stellantis is clear within the franchise knowledge too, as many teams which have had only one or two Stellantis manufacturers beforehand at the moment are representing three or 4.
And we’ve observed small reductions in Ford’s illustration as it’s decreasing its variety of gross sales factors and hopefully preserving or enhancing profitability for the dealerships that may stay.
Even earlier than we collated the AM100 knowledge, it has been clear that we’ve had the most important takeover exercise because the period of Pendragon shopping for Reg Vardy.
Consolidation means there’s a handful of recent retailer names within the AM100 this time. Check out the AM100 report to see who’s new, and who was bringing in nice income.
Thanks to the motor commerce specialists at accountancy agency BDO for his or her collaboration on the AM100 analysis.
BDO’s Chris Bond, Steve Le Bas and James Evans have been analysing seller group statutory accounts from 2023 with me, and crunching the numbers to observe the monetary output of the AM100.
The place 2023 accounts weren’t accessible, or consolidation had since occurred, now we have offered estimates.
