Strong UK sales of Aston Martin and Jaguar alongside a solid demand for company cars have helped dealership Pendragon fuel a 47 per cent rise in full- year profits to £65 million.
The Nottingham- based group, which became the UK's largest car dealership when it acquired rival CD Bramall last year, said buoyant fleet sales offset a dip in sales to private buyers.
It said its significant presence in the car servicing market - which accounts for 45 per cent of the business - would help shelter it from the slight dip in new car sales forecast by industry analysts.
The group said: "Whilst we are being cautious on outlook at this early stage we are confident that we will achieve our objectives in the year."
Pendragon said the purchase of CD Bramall - which nearly doubled the size of the group - had "significantly" increased earnings and met its target of delivering economies of scale.
Group turnover rose to £ 3 . 2 billion, against £1.8 billion last time, with £1.4 billion of this coming from the new business.
Operating profits dipped slightly to £47.2 million when just counting the existing business - but lifted to £76.8 million when including CD Bramall.
Since the acquisition CD Bramall operations have been reorganised and integrated into Pendragon.
Functions such as payroll, group accounts and property management have been transferred to its Nottingham headquarters.
The company disposed of eight businesses during the year, including seven non-core CD Bramall dealerships.
Pendragon operates from 213 sites in the UK, where it makes 97 per cent of its profits, and also has small operations in the US and Germany.