MTWEEKLY_16 NOV.pdf

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ONLINE WEEKLY MOTORTRADER ISSUE 29 THE VOICE OF THE CAR RETAILING SECTOR 16 NOVEMBER 2009 Dealers reel from big losses in 2008 John Kirwan CAR proﬁts slammed into reverse in 2008 as dealers grappled with the downturn, taking a hammering on new car sales. Over 40 per cent of the 138 Motor Trader Top 200 companies disclosing 2008 ﬁgures reported pre-tax losses, compared to just 9 per cent of the same groups in their previous ﬁnancial year. Almost half (43 per cent) of these dealers reported pre- tax losses, compared to just 9 per cent in 2007 and total ONLINE WEEKLYMOTORTRADERISSUE 29 </a> ONLINE WEEKLYMOTORTRADERISSUE 29 <a title="MTWEEKLY_16 NOV.pdf page 2" href="http://viewer.zmags.com/publication/5700a128?page=2">02 NEWSDealers fear salesfreeze until 2011M</a> 02 NEWSDealers fear salesfreeze until 2011M<a title="MTWEEKLY_16 NOV.pdf page 3" href="http://viewer.zmags.com/publication/5700a128?page=3">Wholesale used carvalues fall in OctoberJohn Ki</a> Wholesale used carvalues fall in OctoberJohn Ki<a title="MTWEEKLY_16 NOV.pdf page 4" href="http://viewer.zmags.com/publication/5700a128?page=4">THE VENUEBOOK YOUR PLACE NOW!T</a> THE VENUEBOOK YOUR PLACE NOW!T<a title="MTWEEKLY_16 NOV.pdf page 5" href="http://viewer.zmags.com/publication/5700a128?page=5">A Motor Trader & ASE conference MOTORTRADERP</a> A Motor Trader & ASE conference MOTORTRADERP<a title="MTWEEKLY_16 NOV.pdf page 6" href="http://viewer.zmags.com/publication/5700a128?page=6">06 NEWSFormer Vauxhall bossheads up GM Europ</a> 06 NEWSFormer Vauxhall bossheads up GM Europ<a title="MTWEEKLY_16 NOV.pdf page 7" href="http://viewer.zmags.com/publication/5700a128?page=7">Welcome tothe family.</a> Welcome tothe family.