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Caffyns turns in £1.7m loss as new car sales come under pressure
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Caffyns turns in £1.7m loss as new car sales come under pressure
Caffyns experienced “significant trading headwinds” in the year to 31 March 2026, delivering a pre-tax loss of -£1.7m compared to £246,000 profit the prior year on turnover down 2% to £270.7m. Its new car unit deliveries fell by 11% as many of the brands it represents came under pressure from new Chinese entrants. Caffyns already has Chinese representation with MG and is in talks that could lead to taking on others. Its used car unit sales rose …
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