Vertu battles margin squeeze as ZEV Mandate shakes car market
Significant pressure on new and used car margins due to the ongoing impact of the Zero-Emission Vehicle (ZEV) Mandate has forced Vertu Motors to warn that full-year pre-tax profit will be substantially below market expectations.
Significant pressure on new and used car margins due to the ongoing impact of the Zero-Emission Vehicle (ZEV) Mandate has forced Vertu Motors to warn that full-year pre-tax profit will be substantially below market expectations.
