Stoneacre Motor Group’s founder and owner Richard Teatum has invested over £3 million in rival car retail group Vertu Motors.
Premium used cars have been hailed as “pandemic proof” by online vehicle stocking source Motorway after the value of Land Rovers, Lexus and Maseratis rose by over 8% year-on-year.
Volvo Car UK has officially launched its single payment Care by Volvo car subscription service, offering access to a vehicle, maintenance, parts and roadside assistance for a single monthly payment.
Pendragon will rebrand and restructure its Car Store used car division while driving digital innovation in a new growth strategy which it hopes will deliver an underlying profit before tax of £85m to £90m by 2025.
Cazoo founder Alex Chesterman has revealed plans for “couple of dozen” Customer Centres across the UK following the opening of the online car retailer's first vehicle handover and servicing facility in Manchester today.
Members of the Independent Automotive Aftermarket Association (IAAF) will be able to able to gain insight into vehicle recalls and market surveillance in an upcoming online conference call.
Pendragon officials have been left “angry and confused” by the launch of a Motorpoint television advertising campaign which features a near-identical slogan to its own, AM understands.
Mervyn Stewart has launched a new Select Used Cars business after £2 million in new funding allowed the business to acquire and redevelop the site of its former Infiniti dealership in Belfast.
Staff at John Clark Motor Group’s Pentland Land Rover dealership in Perth have been ordered to self-isolate and a deep clean of the premises carried out after three team members tested positive for COVID-19.
Growing demand for green cars across Europe has been highlighted in July registrations data that prompted renewed hope for a ‘V-shaped’ COVID-19 recovery in the region.
The Society of Motor Manufacturers and Traders (SMMT) has warned that the car manufacturing sector must not endure the “further shock of a ‘no deal’ Brexit” as it fights back from COVID-19 lockdown.
Car dealership aftersales departments attempting to plan ahead for an expected surge in MOT demand during the second half of the year have been handed a top ten ranking of the UK’s most under-pressure cities.
A celebrity car dealer who had been placed on the FBI’s ‘most wanted’ list faces up to 20 years in jail after pleading guilty to a £420,000 luxury vehicle sales scam.
Used car values showed little sign of an impending “market correction” as prices rose by an average of 0.2% across the sector during August, Cap HPI has reported.
A terminally ill independent car dealer is targeting the completion of a five-mile walk to raise funds for Brain Tumour Research.
