Luxury UK car dealer reports record profits as demand for supercars soars – The National
- Date: 30-Dec-2021
- Source: The National
- Sector:Economy
- Country:Middle East
Luxury UK car dealer reports record profits as demand for supercars soars – The National
A UK car dealership has reported that strong demand from the ultra-wealthy for Aston Martins, Lamborghinis and Rolls-Royces in the pandemic has driven profits up more than seven-fold.
HR Owen, in West London, reported pre-tax profits of £13.7 million ($18.4m) for the year to June, compared with £1.9m in 2020.
The figure also outpaced returns before the coronavirus spread.
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