TrustFord drives profits and revenues with increased vehicle and workshop sales

TrustFord drives profits and revenues with increased vehicle and workshop sales

TrustFord, the factory owned dealer group, turned in a positive performance in 2024 with pre-tax profits up 12.3% to £16.9, while turnover also increased, up 14.8% to £2.2bn. The business increased vehicles revenues by £268m, up 15%, whilst also increasing workshop revenue by 8% as a result of the expansion of mobile servicing operations. Gross profits were up 9% as a result of increased revenues but impacted by increased overheads of 11%. There…