Abstracts » Business

Rising on the back of Ford

Article Abstract:

Dagenham Motors is a United Kingdom automobile dealer which is located close to the biggest Ford Motor plant in the UK and is the main seller of Ford vehicles to Ford employees. The company's volume sales and profit rose in 1st half 1998 by more than the sector as a whole. Dagenham Motors aims to expand by developing six enlarged dealership regions, and some dealerships could be sold where the company lacks a significant presence. The company is likely to benefit froma move by Ford to consolidate dealers.

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Dagenham Motors: vroom to grow

Article Abstract:

Dagenham Motors is a UK motor vehicle dealer, and demand for cars may rise in the UK, which should benefit the company. Manufacturers are also awarding bigger franchises and Dagenham Motors should benefit from a change in Ford's policy toward allowing dealers to own neighbouring franchises. This should permit the company to increase sales without a rise in fixed costs. The company will need to invest in order to expand, but this should pay off in the long term.

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Caverdale nears the rainbow's end

Article Abstract:

Caverdale plans a share consolidation in May 1996 which will remove 845 shareholders with under 10 shares in the company. Caverdale has acquired underperforming companies and holds 18 franchises with 31 sites. The company looks set to become a major UK automobile retailer though its industrial products division is not performing as well as Caverdale's other operations. The company's wholesaling and warehousing operations should move into profit in 1996.

Caverdale Group PLC

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