Pendragon has opened the doors of its new Porsche Centre in Stockport as Porsche Retail prepares to move into its new Mayfair showroom in central London.
Skoda Auto has appointed Thomas Schäfer its new chairman after the Volkswagen Group brand posted a 72% reduction in operating profit for the first half of a coronavirus-impacted 2020.
Hepworth Motor Group has closed its Halifax Mitsubishi Motors in the UK franchised car dealership due to the impact of Brexit and COVID-19 pandemic – with the loss of 10 jobs.
Mercedes-Benz Financial Services (MBFS) has become the first car manufacturer finance house to be approved as a fully-accredited Coronavirus Large Business Interruption Loan Scheme (CLBILS) lender.
Over 2.6 million vehicles were MOT tested in June as motorists continued to ensure their vehicles were roadworthy, despite the Government’s six-month testing holiday.
Sales of Jaguar Land Rover’s (JLR) long-awaited new version of its rugged Defender 90 4x4 have been delayed until September as a result of the COVID-19 pandemic.
Cambria Automobiles chief executive Mark Lavery has urged his car retail colleagues to lobby Government over an all-out push to Electric Vehicles (EV) which risks catching UK automotive “sleeping at the wheel”.
Mercedes-Benz has revealed the pricing and specification details of its new E Class as UK order books open for both saloon and estate model derivatives.
Auto Trader is targeting further automation of the car sales process following the acquisition of finance, insurance and compliance software platform AutoConvert.
Car dealers may wish to concentrate on cash generation after the COVID disruption to trading, but they should have a plan for worst-case scenarios
The Society of Motor Manufacturers and Traders (SMMT) expects 32% fewer cars to be produced in UK factories in 2020 after volumes declined by 48.2% in June.
A ‘false economy’ which has seen the UK’s car retail sector deliver on pent-up demand from the COVID-19 lockdown is masking the true extent of impending redundancies in the sector, Pendragon boss Bill Berman has told AM.
Pendragon has announced a plan to axe 1,800 jobs from its UK car retail network as part of a bid to create a “leaner and more sustainable operating model” in the wake of the COVID-19 crisis.
Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues and pre-tax losses of £188 million in the first half of 2020.
Imperial Cars has begun to consult its staff over widespread redundancies just two weeks after its acquisition by online car retailer Cazoo.
