Family-owned John Clark Motor Group (JCMG) has topped £1 billion turnover milestone in its latest figures for 2023 with net profits placing it in the upper quartile for return on sales.
The dealership group with locations in north, east and central Scotland, said the results underline continued positive momentum towards the company’s strategic objectives and cement its position as one of the top 20 automotive groups in the UK.
The company said it attributed its success to a sustained focus on operational efficiencies and agility in responding to market changes.
Despite significant adverse pricing changes in the used car market during the latter part of the year, the business enjoyed strong trading performance and maintained a robust cash position during the year.
As part of its commitment to employee welfare, JCMG converted its temporary cost-of-living support measures from 2022 into permanent wage increases in 2023.
Login to continue reading
Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.
