Battery Electric Vehicle Sales Increase
Battery electric vehicle retail sales increased 82% in the period against a market growth of 55%, indicating significant market share gains in this segment.
Fleet Car Volumes Surge
A 25% increase in Fleet car volumes was reported, aided by significant BEV sales and the impact of grants, contributing positively to overall performance.
Used Car Sales Growth
Used cars sales were up 5.3% like-for-like, with a notable increase in July of 12% due to a group-wide used car event.
Digitalization and AI Strategy
The company has implemented numerous digital and AI-driven initiatives, including a revamped website, AI for service bookings, and improved data management for personalized marketing, leading to cost savings and efficiency improvements.
Brand Awareness Growth
The transition to a single Vertu brand has increased brand awareness from 11% to 19% in September, with further growth expected.