TrustFord chairman and chief executive Stuart Foulds has said he was “relatively pleased” with the group’s COVID-impacted 2020 financial results – despite recording a £5.2m pre-tax loss.
Marshall Motor Group chief executive Daksh Gupta has given an insight into how the AM100 PLC will continue to adapt to the changing car retail market after a “pretty special” start to 2021.
The Volkswagen Group’s rapid transition to electric vehicles (EV) has delivered its second-highest new car market share in Europe this decade, according to Jato Dynamics.
Used car advertising platforms Gumtree and Motors.co.uk are being offered for sale after Norwegian online advertising business Adevinta completed the acquisition of eBay Classifieds Group.
Cap HPI has underlined the importance of its live valuations service as the pace of wholesale used car price rises continued with a 13.5% increase in the past three months.
Lookers will report its 2020 annual financial results on the Financial Conduct Authority’s (FCA) June 30 reporting deadline after announcing a "short delay" in publication.
Hendy Group is targeting a July completion date for its new Lotus Cars dealership development in Exeter – the last of three new franchised sites with the performance car brand.
Pendragon has fully-reopened its Stratstone Doncaster BMW dealership following a redevelopment which has added 20% more showroom space.
The COVID-19 recovery of UK car production continues to be hampered by component supply shortages, with May volumes down 58% on the five-year average for the month.
Škoda has set out plans to sell one-in-five of its car online by 2025 as part of its new ‘Next Level – Škoda Strategy 2030’.
Marshall Motor Group expects to deliver record underlying profit in 2021 after riding the automotive retail sector’s positive tailwinds of customer demand and appreciating used car values.
Motorpoint has revealed its plan to create an eight-acre used car preparation centre in Motherwell as part of its "ambitious" growth plans in Scotland – creating around a dozen new jobs.
JF & E Hadwin have submitted a planning application to convert an existing workshop building into a new Land Rover premium car dealership for the South Lakes area.
The Institute for the Motor Industry (IMI) has said that the DVSA’s MOT extension is “no excuse” for lower test standards or compromised road safety.
Car buyers are keen to embrace safety-focussed semi-autonomous driver aids but cool on the prospect of handing the helm wholly to a self-driving car, according to a CarGurus survey.
