Article Abstract:
Quicks is a United Kingdom automobile dealer, and the sector is undergoing changes in the UK. Franchises for particular areas are being granted to just one dealer, and this favors companies with the strength to tackle a large area, like Quicks. The company has strong links with Ford which has awarded Quicks market areas in north west England and Scotland. The company makes most profits from after sales service, and this side should also benefit from the move to market areas.
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Article Abstract:
HR Owen is a motor distributor, and the sector is under investigation by the regulator, which has hit the stock prices of companies involved in this acitivity. The company focuses on specialist and aspirational franchises, and Mercedes Benz accounts for over a fifth of profits. The company has succeeded in controlling operating expenses, and this has helped boost its profits. The company should progress, aided by acquisitions and growth in its main region.
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Article Abstract:
The UK retail motor industry is booming, with new car sales look set to reach a record level in 2001, higher than the 2.3 mil sales of 1989. However, the review of 'block exemption' rules means there is uncertainty over the future outlook.
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