While City analysts have raised the spectre of price cuts in the sector, the company still looks well situated, writesChristopher Akers. The share price of Vertu Motors rose by 4 per cent as investors enjoyed the automotive retailer’s confirmation of record annual revenues, boosted by higher vehicle prices and the impact of acquisitions. The market also liked the news on the return of capital, with an increase in the dividend and a further £3mn share buyback programme.

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