Former Inchcape chief executive James Brearley has told the AM News Show podcast that he was “quite flattered” to be linked with the Marshall Motor Group CEO role formerly held by Daksh Gupta.
Drive Motor Retail, Vertu Motors and Swansway Group are among car retailers across the UK that have started 2023 with new additions to their management teams.
The Bank of England has raised interest rates by 5ppts to 4% – their highest level since October 2008.
Luxury used car retailer Autovogue has ceased trading after blaming “failing used Jaguar Land Rover vehicles” for its faltering financial fortunes.
JCT600 has submitted a planning applications for a luxury car and electric vehicle (EV) aftersales centre near to its Porsche and newly-developed Ferrari dealerships in Leeds.
Peugeot’s 208 hatchback ended the Volkswagen Golf’s 15-year reign as Europe’s best-selling car as the region’s troubled automotive sector suffered a third consecutive year of declining sales in 2022.
Motorway has asserted that it has “significant funding reserves” to drive further growth after more than doubling its used car sales revenues to £1.7 billion in 2022.
Vauxhall has added a newly-created regional operations and sales director role and appointed a new marketing director as it officially welcomed James Taylor as managing director.
Volvo Financial Services UK has appointed Renault Group’s Louise O’Sullivan as its new commercial director.
Citygate Automotive is poised to open a new Kia UK dealership in High Wycombe after transforming Perrys’ former Ford showroom in the Buckinghamshire town.
Volvo Cars UK franchisee Clive Brook has handed over the keys to his car dealerships in Bradford and Huddersfield to Ray Chapman Motors – ending a “fantastic journey” in automotive retail.
Maxus has launched its own light commercial vehicle (LCV) scrappage scheme to coincide with the launch of Transport for London’s own £110 million bid to reduce emissions.
A festive rush to stock petrol and diesel cars triggered 25% sales growth at UK auctions as consumers cooled on the idea of buying a pre-owned electric vehicle (EV).
Carparison general manager Matthew Woodward has described how the leasing broker’s operations were propelled to new heights following its AM Awards win.
Volvo Car UK chief executive Kristian Elvefors has informed the Swedish carmaker’s dealers of a three-month postponement to its planned roll-out of agency model new car retail.
