Stable government and economy bode well for 'listed seven' groups

摘要

Most dealers are reckoned to be politically right of centre, favouring parties that make commercial enterprise and competition top priorities. So the Conservatives' surprise election victory will have boosted the optimism of bosses of AM100 groups, especially the PLCs. Growth in the UK economy looks likely to continue, which should ensure high demand for new cars. For listed dealer groups, this means rising sales of premium and luxury models with their healthy margins. Stockbrokers see these firms as good prospects for investors.