Vertu Motors

VTU · AIM · Retail · mcap £256m · 84.8p

Vertu Motors is a UK motor retailer running around 190 car and van sales and aftersales outlets under the Vertu brand. It sells new and used vehicles and services them, and is adding Chinese car brands.

Target	Promise	Said	Status
2024
FY24	Reduce FY24 capex forecast by £10.2m to invest in used vehicle inventory.	4 Oct 2023	⏱ Overdue – no update
	“Capex forecast for full year reduced by £10.2m” Status so far The deadline has passed; no announcement since says whether it was met. We check again as new reports come in.
FY24	Spend £3.0m on further green technology installations in the remainder of FY24.	4 Oct 2023	⏱ Overdue – no update
	“remaining £3.0m planned for further such installations in the remainder of FY24” Status so far The deadline has passed; no announcement since says whether it was met. We check again as new reports come in.
2025
30 Apr 2025	All UK outlets trading under the Vertu brand by end of April 2025.	16 Oct 2024	⏱ Overdue – no update
	“all Group dealerships will operate under the Vertu brand by April 2025” Also stated 6 Feb 2025 Result The deadline has passed; no announcement since says whether it was met. We check again as new reports come in.
1 Nov 2025	Open three new BYD sales outlets by 1 November 2025.	4 Sep 2025	⏱ Overdue – no update
	“opening of three new BYD sales outlets by 1 November” Result The deadline has passed; no announcement since says whether it was met. We check again as new reports come in.