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Weekly Briefing: Why did Auto Trader shares drop after £375m annual profit revealed?

Time 3 days ago

In this week’s Car Dealer Briefing James Baggott rounds up the motor trade news you cannot afford to miss.

In the Car Dealer Weekly Briefing, his subscriber-only newsletter, he asks why did the Auto Trader share price drop 11% after they announced bumper profits? 

He’s also been chatting to dealers about what May has been like for them – spoiler alert – it’s a little quiet for some.

Also featured in this week’s briefing are:

  • BYD interest
  • Car dealer fraud worry
  • Hartwell losses
  • Used car market data
  • Car dealer jailed
  • Volvo job cuts
  • New Stellantis CEO
  • Nissan dealer’s unique cuppa

To read the weekly briefing, you need to be a subscriber on Substack.

Subscriptions to the Substack newsletter cost £10 per month, or £100 per year, and there are discounts for companies who want multiple subscriptions for their staff. 

You can sign up to read your first newsletter for free today – visit the Substack website and subscribe.

There’s also a list of the top 10 most popular stories on the CarDealerMagazine.co.uk website this week which always makes for interesting reading as you can see what has piqued everyone else’s interest too.

Find it on the Substack website now.

The post Weekly Briefing: Why did Auto Trader shares drop after £375m annual profit revealed? appeared first on Car Dealer Magazine.

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