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Iveco is reintroducing its DriveAway programme of ready-bodied vehicles stocked

19th January 2012
Page 10
Page 10, 19th January 2012 — Iveco is reintroducing its DriveAway programme of ready-bodied vehicles stocked
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by its dealers. There will be Luton bodies, tippers and dropside bodies for the new 3.5-tonne Daily chassis cab and, if successful, the programme could extend to Eurocargo chassis.

Gregory Distribution says pre-tax profit for the year to September 2011 at the Devonbased company fell 50% to £1.1m from £2.2m the previous year. Turnover dipped 7.3% to £88.2m from £95.2m.

John G Russell (Transport) says last winter’s bad weather in Scotland was a major factor behind its failure to boost profit in the year to March 2011. Pre-tax profit remained at £1.9m, despite turnover rising 2.7% to £53m from £51.6m.

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People: John G Russell
Locations: Devonbased