More than 40% of franchised car retailers think manufacturers could be doing more to help, AM's research showed
Pendragon has completed a £10.5 million “sale and leaseback” deal for its Porsche Centre car dealership site in Stockport.
The UK car manufacturing sector could suffer a £12.5 billion loss due to production lost during the COVID-19 coronavirus pandemic's enforced lockdown period.
Lexus’s franchised retail network has taken the Japanese premium car brand to the top of a What Car? ranking of the UK’s top car service and maintenance providers.
Mazda UK sales director Peter Allibon has said that 2020 new car registrations forecasts have had to rely on some “fairly major assumptions” on what can be achieved by retailers before the end of the year.
Nissan is set to close its Barcelona plant as it consolidates its European manufacturing operations in Sunderland as part of cost-saving measures designed to achieve a 5% profit margin within four years.
Volvo Car UK is pushing to deliver a contactless app-based aftersales payment facility for customers as it continues to digitise its franchised car retail network.
Richmond Motor Group has completed the acquisition of Newmans Southampton and revealed plans to grow its business with the opening of four more dealerships in the next 18 months.
Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
Progress Suzuki owner Terence Byrne has said that the UK’s automotive retail sector “will flourish again” following the COVID-19 coronavirus crisis – just days after his business went into liquidation.
Caffyns has praised its employees' response to the COVID-19 crisis as “outstanding” as it revealed the mitigation measures taken by the business in a trading update published this morning (May 27).
The French Government will offer car buyers grants of over £6,000 and drive domestic vehicle manufacturing through a £7.1 billion COVID-19 recovery package for its automotive sector.
The board of Aston Martin Lagonda has confirmed that Dr Andy Palmer will step down as its president and chief executive, with Mercedes-AMG boss Tobias Moers set to become CEO.
Vertu Motors chief executive Robert Forrester has told BBC Breakfast how the car retail sector will “trust customers” to take unaccompanied test drives as showroom retailing gets back underway.
The PSA Group has extended the roadside assistance plan available for its electrified vehicles to bring it in-line with its 100,000-mile, eight-year battery warranty.
