Our Strategy
Overview Of The Business
Vertu Motors was formed in late 2006 to acquire and consolidate UK motor retail businesses. A senior management team, with a wealth of experience within the sector, was put in place and on 27th March 2007 the Group acquired the 13th largest motor retailer in the United Kingdom, Bristol Street Motors. With the addition of further acquisitions, Vertu Motors is now the 4th largest motor retailer in the United Kingdom.
The group's strategy is to grow shareholder value by:
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Growth - scale and brand.
To grow as a major scaled franchised dealership group and to develop our portfolio of Manufacturer partners, whilst being mindful of industry development trends, to maximise long-run returns..
Digitalisation.
To be at the forefront of online retailing and digitalisation in the sector, delivering a cohesive 'bricks and clicks' strategy:
- Optimise our omnichannel retail offering through leveraging the 'Click2Drive' technology and utilising this important sub-brand to promote its usage
- Digitalise aftersales processes to improve customer service
- Reduce the cost base of the Group by delivering efficiency through the use of technology
- Utilise data driven decision making to generate enhanced returns
Colleague & Customer focus.
To develop and motivate the Group's colleagues to ensure operational excellence is delivered constantly across the business.
Ancillary businesses.
To develop ancillary businesses to add revenue and returns that complement the core business.
At a glance...
Built on trust
Vertu Motors plc is the 4th largest motor retailer in the United Kingdom with sales outlets forming a national network, operating under the Bristol Street Motors, Macklin Motors and Vertu Motors brands. Manufacturer partners are Audi, BMW, Citroen, CUPRA, Dacia, DS, Ferrari, Ford, Honda, Hyundai, Jaguar, Kia, Land Rover, LEVC, Mazda, Mercedes-Benz, Mercedes-AMG, MG, MINI, Nissan, Peugeot, Renault, SEAT, SKODA, smart, Toyota, Vauxhall, Volkswagen and Volvo. Non-franchised operations include Vansdirect, Ace Parts, Powerbulbs and The Taxi Centre.
Vertu Motors was established in November 2006 with the aim of consolidating the UK motor retail sector. The Group listed on AIM in December 2006. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through it's national dealership network.
For all shareholder communications, including notifications of shareholdings please use [email protected]
Latest Announcements
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Stock Exchange Communications
7th March 2023
Notification of Directors' and PDMRs' interests2nd March 2023
Trading Update: Group trading in line, Helston integration on track, cash generation better than expected8th February 2023
TR-1: Standard form for notification of major holdings8th February 2023
Notification of PDMR's interests22nd December 2022
Notification of Director's interests19th December 2022
Completion of the acquisition of Helston Garages Group Limited -
Shareholding Communications
19th May 2022
View articles prior to 2022
Notice of 2022 Annual General Meeting21st May 2021
Notice of 2021 Annual General Meeting20th August 2020
AGM Proxy Results23rd July 2020
Notice of 2020 Annual General Meeting
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Where we are
For all queries about shareholding or investment in Vertu Motors plc, please contact:
Media Enquiries Number: 0132 536 3436
Vertu Motors Number: 0191 491 2121
Investor Enquiries Email: [email protected]