All the updated news related to vertu

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City

Vertu Motors says new car prices still spiking as it posts £2bn revenues

Car dealership group Vertu Motors has reported its second highest half-year of profits as the price of new cars continues to spike. The group said it made £28 million in profits in the first half of the year after raking in £2 billion in revenues. ...

05 Oct 2022 at 13:08

Influential TV producer Beryl Vertue dies aged 90

TV producer Beryl Vertue, whose company created the hit series Men Behaving Badly and Sherlock, has died aged 90. The influential media executive “passed away peacefully” on Saturday surrounded by family. Her daughters Sue and Debbie said: “It’s ...

13 Feb 2022 at 17:25

Sherlock co-creator Mark Gatiss hails ‘extraordinary legacy’ of Beryl Vertue

Sherlock co-creator Mark Gatiss has hailed the “extraordinary legacy” of executive producer Beryl Vertue following her death aged 90. Across her varied career, Vertue progressed from secretary to talent agent before establishing herself as an ...

13 Feb 2022 at 19:25

City

Vertu boss hits out at Government ‘messaging’ as EV demand wanes

The boss of car dealership Vertu Motors has said the Government’s “confusing messaging” on net zero targets is partly to blame for cooling demand for electric vehicles. Robert Forrester, chief executive of Vertu, said retail demand was ...

04 Oct 2023 at 13:16

City

Vertu sees used car prices steady, but new vehicle sales remain under pressure

Car dealership Vertu Motors has said used vehicle prices have steadied after hefty falls, but cautioned that consumer uncertainty was still taking its toll on demand for new models. The group saw used car prices drop by 10.3% between ...

04 Mar 2024 at 08:22

City

Vertu shares plunge after fall in second-hand car prices

Shares in car dealership Vertu Motors plunged on Thursday as it warned shareholders that record price drops for second-hand vehicles would eat into its profits. The cost of used cars has soared in recent years and in early September ...

07 Dec 2023 at 13:06

City

Used car values hold steady as sales grow in spring months, says Vertu

Car dealership Vertu has reported a steadying in values and recovery in demand for used cars in recent months, as it reported withstanding a “challenging” year of price volatility to post growing profits. The group saw used car ...

15 May 2024 at 11:41

City

Vertu registers profit increase but warns of rising electricity bill

Vertu Motors said it is facing a rise in its electricity bill from the start of October, as it and many other companies see their fixed-price energy deals run out. The business revealed that it is paying below market rate at ...

06 Sept 2022 at 10:20

Activists target Land Rover dealership in ‘retaliation’ over school deaths

A group opposed to sports utility vehicles (SUVs) said its supporters have “destroyed” car tyres at a dealership in an “act of retaliation” after two young girls were killed in a crash at a school. Tyre Extinguishers ...

07 Aug 2023 at 13:05

City

Vertu welcomes growth in used car sales but warns of volatility ahead

Vertu Motors has cheered the recovery of used vehicle sales as prices continue to steady but cautioned that incoming zero emission rules could spark further upheaval in the market. The car dealership, which has 189 ...

25 Jun 2024 at 09:28

City

Vertu Motors braces for lower half-year profits as new car sales fall

Car dealership Vertu Motors has said half-year profits will come in lower as demand for new cars and more expensive electric vehicles remains under pressure. The group, which has 192 showrooms and after-sales ...

02 Sept 2024 at 08:16

City

Vertu Motors: Electric carmakers are slashing prices to meet emissions targets

Vertu Motors has cautioned the new car market is coming under pressure as carmakers scramble to meet Government zero-emission targets by cutting prices. The car dealership group said demand for battery ...

17 Oct 2024 at 09:37

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