Carole Nash boss targets 10% market share for classic car division
Carole Nash chief executive David Newman has targeted securing a 10% market share for the broker's newly-established Cherished Car division.
The broker attributed its 16% pre-tax profit dip for 2012 to some £1m worth of investment in its new offering.
And speaking to Insurance Age, Newman insisted that the motorcycle broker had high hopes for its new classic and performance car offering.
"We have produced a very, very detailed business plan for the division," he explained. "And our ambition is that there should be no reason why we can't aspire to take 10% of the market over the next five years.
"That's got to be the size of the
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