Marshall Motor Holdings (MMH) has echoed recent sentiments from motor retailer Vertu (VTU) by warning that September’s introduction of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP) for all cars sold in the EU has caused further disruption for new car sales.
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But bosses insist they have been able to offset most of the damage with operational efficiencies, including tight cost control and augmenting the dealership portfolio. As a result, guidance for the full year remains unchanged, although annual results aren’t due for release until next March.
