Profits down, ceo wages up

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  • #255381
    TheSUVguy
    Participant

      This is probably the reason there’s word of extending you lease being limited to 6 months, don’t know if it’s confirmed yet. What I hope comes from this is better ap prices

      #255402
      ChrisK
      Participant

        They like to blow their trumpet about the new vehicle payment increasing from £250 to £750 but failed to mention that its a one off payment unless something has changed.

         

         

         

        #255407
        Glos Guy
        Participant

          No surprise that profits are down. As they say, this is purely due to the over inflated used car prices the previous year. Still three-quarters of a billion pounds profit though!

          The two most interesting things for me are the comment that “the estimated fleet remains above levels estimated in lease pricing over the last three years”. Translated, that means that the APs we have been charged were greater than they needed to be.

          Also, their obsession with EVs is not being replicated by their customers, with less than 5% of customers having switched to electric.

          #255437
          moggy
          Participant

            @Glos Guy

            You think it’s an obsession now, wait till after the election. Labour says it will reinstate the 2030 introduction.

             

            #255439
            Glos Guy
            Participant

              @Glos Guy
              You think it’s an obsession now, wait till after the election. Labour says it will reinstate the 2030 introduction.

              Labour are saying a lot of things, but have no policies yet. I don’t see how they can reintroduce 2030 when the public isn’t behind it. I think the 2030 horse has bolted.

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