Who is the CEO of Vertu Motors?
Robert Forrester is Chief Executive Officer (CEO) of Vertu Motors plc, one of the UK’s largest automotive retailers. Vertu is proud to have been recently awarded a 98% customer satisfaction score with JudgeService. Robert Forrester, Chief Executive of Vertu Motors plc, said: “We are proud to announce the rebranding of Macklin Motors to Vertu, as this move allows us to draw upon the strength of our wider dealership network.Bristol Street Motors, Macklin Motors brands to go as Vertu embarks on national rebranding. AM100 car dealer group Vertu Motors plans to operate all its dealerships under the Vertu banner by April 2025, ditching the Bristol Street Motors and Macklin Motors brands, to enhance marketing efficiency and drive cost savings.
How many dealerships does Vertu Motors own?
The Vertu Motors Group operates a nationwide chain of 194 franchised motor dealerships which offer sales, servicing, parts and bodyshop facilities for new and used cars and commercial vehicles. Vertu’s business model focused on combining traditional craftsmanship and high-end materials with mobile technology, a strategy that distinguished it from mainstream electronics manufacturers. The brand’s products have been positioned as status symbols and have appeared in popular media.
Is Vertu Motors a buy or sell?
The overall consensus recommendation for Vertu Motors is Buy. You can view the full broker recommendation list by unlocking its StockReport. The stock seems fairly valued at the moment according to our valuation model. It’s trading around 1. Vertu Motors today, you’d be paying a relatively fair price for it.