Vertu Motors plc

Vertu Motors plc has announced the acquisition of Burrows Motor Company Limited, adding nine dealerships across Yorkshire and Nottinghamshire. Full story here >> https://bit.ly/3YoemgT #Vertu #Growth

👀 MEET TEAM VERTU 👀 After three hugely successful seasons, Team Bristol Street Motors will evolve to Team VERTU on the BTCC grid ahead of next season 🏎️ Find out more >> https://bit.ly/3YmFL2I #VertuMotorsplc #TeamVERTU

Vertu Jaguar Land Rover Leeds has made a donation to Leeds LDM Basketball to support the purchase of new kits for its teams. Full story here >> https://bit.ly/48iDpGM #VertuMotors

At last, Parliament has debated electric vehicles with a proper discussion on the damaging Zev Mandate. This speech, by respected former trade union leader, Lord Tony Woodley, is a brilliant explanation of the dangers of not reforming the ZEV Mandate and contains some really good ideas. It’s worth watching by everyone who cares about the UK automotive sector.

Great to join this morning's Today Programme on BBC Radio 4 to discuss incentivising battery electric vehicle purchases. If you'd like to give it a listen, here's the link - https://lnkd.in/eXtH5WYM #VertuMotors #VertuMotorsplc #BBCRadio4 #TodayProgramme

We are pleased to announce the Group’s interim results for the six months ended 31 August 2024. #VTU H1 profits are lower than prior year levels as anticipated, as costs increased and new retail car market declined. The #VTU Board anticipates that full year profits will be in line with market expectations. The #VTU Group revenue increased to a record £2.5bn, up 2.9% (H1 FY24 £2.4bn) and the Group grew retail BEV sales volumes by 10.9% as the Group focused on this critical channel, whereas BEV new retail sales volumes in UK fell in the Period by 7.0%. We’ve continued to develop our portfolio with the addition of new Chinese manufacturers including #BYD and #LEAP, and key plate change month of September saw like-for-like new retail sales volumes up 5.1%, with retail market down 1.8% continuing strong market outperformance. Group like-for-like retail BEV sales volumes more than doubled in September against a broadly static UK market #VTU has repurchased 3.3m shares (representing 1.0% of share capital in issue on 1 March 2024) at a cost of £2.4m since 1 March 2024: buyback continues with a further £3m approval, in addition to £0.6m existing authority. #VTU interim dividend of 0.90p per share declared, up 5.9% from 0.85p in H1 FY24. A webcast of the #VTU results presentation, as well as our full Interim Results announcement, is now available on our website: https://lnkd.in/eRScBHAt #VertuMotors #InterimResults #VertuMotorsplc #VertuCareers #FinancialResults

A huge well done to Bristol Street Motors Ford Hartlepool who signed up to support the inaugural UChangeLives Charity Golf Day, helping to benefit two North East charities 🏌️🚙 Read the full story >> https://bit.ly/4eFr0PB #VertuMotorsplc

Bristol Street Motors Sunderland Hyundai is proud to announce its continued support of two talented local gymnasts, Keira Redford and Jessica Hodgson, who triumphed at the European Gymnastics Championships in Bulgaria. Full story here >> https://bit.ly/3Bqkn51 #VertuCareers #BristolStreetMotors

One British Touring Car Championship fan enjoyed a weekend to remember at Silverstone when his long-term partner used one of the competing cars to propose marriage, all thanks to Bristol Street Motors. Full story here >> https://bit.ly/3Bh22qP #BristolStreetMotors #EXCELR8 #Proposal

Bristol Street Motors Hyundai Mansfield has been named the second-best dealership in the UK for customer experience, according to leading independent review site JudgeService. Full story here >> https://bit.ly/3zrJZOe #BristolStreetMotors #Hyundai