Swansway Group has posted a profit before tax performance of £3.3 million from a turnover of £289.5m in 2012 in comparison to a profit of £2.2m and a turnover of £257.8m in 2011.
Renault chief operating officer Carlos Tavares has told AM the business in the UK needs to sell 75,000 units a year to be sustainable and wants to reduce the amount of discounting on the model range.
The Business, Innovation and Skills Committee has called on government to do more to tackle female under-representation in certain sectors of the economy.
BCA has ambitions to increase its volumes to 1 million units across Europe by diversifying into new areas in addition to investing in digital and its existing physical auction business.
Dealers are risking fines and prosecution from the HMRC for failing to audit and maintain proper records of staff using demonstrator and courtesy cars.
The small SUV is a pretty attractive market right now and Chevrolet has got in on the act with its new Trax model.
The strength of a business can usually be measured by the strength of its relationships and this has been essential to Meridian Motor Group, which trades as Vantage.
TVR has been sold by Russian owner Nikolai Smolenski to British-based company TVR Automotive for an undisclosed sum.
Vauxhall dealers in the UK will be hosting The Big Event from June 14 to June 17 with sales offers and £500 towards the cost of fuel for new car and van customers.
BCA has promoted D'Vidis Jacobs to the newly created role of group corporate development director reporting to Jon Olsen, CEO.
The AM100 largest automotive retailers in the UK have posted record breaking figures with the highest revenue performance in 20 years valuing the select group at £40.6 billion.
Meridian Motor Group has marked its 10th anniversary by breaking into the AM100 with its acquisition of four Sytner dealerships in the Midlands for an undisclosed sum.
New car registrations increased by 11% to 180,111 units in May and private demand is now beyond pre-recession volumes recorded in 2007.
Bolton Kia, a wholly owned subsidiary of Kia UK, has opened its new showroom following a five month overhaul to turn it into one of the Korean brand’s red cube design concepts.
Ford Doncaster, part of the 29 site Stoneacre Motor Group, has been awarded the Ford Chairman’s Award for how it treats its customers.
