• Profits Rise At Motor Group Despite Stock Shortages

    Profits Rise At Motor Group Despite Stock Shortages

    Profits have risen at a County Durham-based multi franchise motor group, with turnover passing £100m, despite limited levels of stock.

    The family-owned Pulman Group was established more than 20 years ago, and sells and services Volkswagen, ŠKODA, SEAT and Volkswagen commercial vehicles to the region.

    In recently filed accounts for Mike Pulman Holdings, turnover jumped from £92.8m to £115.3m with pre-tax profits increasing to £3.1m from £834,000.

    Source: Insider Media