Peoples Ford, the largest independent Ford dealer group in Europe, has reported a highly impressive upturn to its profits. As we all know, these remain challenging times, yet the group, with six outlets across Merseyside and Central Scotland, saw profits rise to almost £8m for the year ending 31 August 2021.
This is reported to be a huge increase of over 160% on the previous year’s profits of around £3m.
Peoples prides itself on having come through the lockdowns with a huge team effort, making the most of the opportunities it saw.
Increasing turnover to more than £289m, the Falkirk-based group sold over 14,500 vehicles.
Here at Need To Know Motors we salute the Peoples team and know that there are lessons to be learned from this achievement right across the retail motor industry.