Cambria Investments Holdings has hit out at the ‘contradictory” government strategy on EVs.
It said the ZEV Mandate legislation on the one hand was setting demand targets for electric cars and vans in the UK.
“At the same time, the government has signalled that they will introduce a 3-pence-per-mile charge on drivers of electric vehicles in the last budget.
“These actions seem somewhat contradictory, and it is to be seen what impact they will have on demand for electric vehicles, which manufacturers are being incentivised to supply to the UK market.
The remarks were in the group’s financials filed at Companies House for the year to August 2025 which revealed profits for holding group had fallen to £5.3m from £29.3m last time on turnover down -2.4% to £548.6m.
Cambria said this was due to property revaluation uplift the prior year to the value of its investment properties. Adjusting for this revaluation, the underlying trading profit is ahead year-on-year.
Its car sales division now represents 25 manufacturers at 26 locations across the UK. It has expanded with Jaecoo and Omoda and now has representation in five locations. It also has five Chery dealerships.
It has also partnered with Alpine in Edinburgh and Corvette in Birmingham .
As part of the JLR restructuring it retained three dealerships in Barnet, Brentwood and Hatfield and sold the Swindon JLR dealership to Marshalls Motor Group in April 2025.
Cambria Investments Holdings has five divisions: Automotive Retail with Invicta and Grange Motors; Property; Sustainable mobility, repair and maintenance and Investments.
