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August 15.2025

2 Minutes Read

TrustFord's Surge in Profits and Workshop Revenue: A Model for Success

Modern Ford dealership depicting TrustFord profits and vehicle sales growth.

TrustFord's Resilient Performance Amid Economic Challenges

In an impressive display of resilience, TrustFord has reported a stellar growth in both profits and turnover for the financial year 2024. With pre-tax profits soaring by 12.3% to £16.9 million and a remarkable turnover increase of 14.8% to £2.2 billion, the factory-owned dealer group has managed to optimize its operations despite the economic challenges faced across the automotive industry. The addition of vehicle revenues that jumped by £268 million, a 15% increase, marks a significant accomplishment for the group.

Innovation in Workshop Services Fuels Growth

One of the key drivers behind this success has been the expansion of their mobile servicing operations, which contributed to an 8% boost in workshop revenue. As consumer preferences shift towards convenience and adaptable service options, TrustFord's investment in mobile servicing aligns with market demand and demonstrates an understanding of contemporary consumer needs.

Strategic Shifts and Future Aspirations

Amidst these achievements, TrustFord has also made pivotal strategic decisions, including the closure of their Cobham business and the acquisition of Trowbridge, aimed at consolidating their market position. Furthermore, plans to sell the Gillingham freehold property by December 2025 reflect TrustFord's strategic agility in navigating a rapidly evolving automotive landscape.

Commitment to Sustainability

Recognized for its efforts in environmental stewardship, TrustFord has received the Green Apple award for three consecutive years. Their initiatives aim at reducing the environmental impact from the installation of electric vehicle charging points to minimizing energy and paper usage, highlighting their dedication to sustainable business practices.

Conclusion: TrustFord's Path Forward

With this remarkable growth trajectory, TrustFord stands as a testament to how adaptability, strategic foresight, and innovation can foster success even in a competitive marketplace. Their increasing vehicle and workshop sales reveal not just a business thriving, but a brand committed to servicing its customers while being responsible stewards of the environment.

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TrustFord's Surge in Profits and Workshop Revenue: A Model for Success

TrustFord's Resilient Performance Amid Economic Challenges

Innovation in Workshop Services Fuels Growth

Strategic Shifts and Future Aspirations

Commitment to Sustainability

Conclusion: TrustFord's Path Forward

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