Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
Imperial Cars has opened the doors at its 17th used car retail site with the completion of a new showroom facility in Birmingham.
Peter Vardy is offering free installation and use of his end-to-end online car retail platform SilverBullet in a bid to make the sector’s businesses more resilient to the impact of COVID-19 coronavirus.
The National Franchised Retailers Association (NFDA) has urged Government to introduce fiscal measures to protect the automotive retail sector from the impact of COVID-19 coronavirus.
Big Motoring World chief executive Peter Waddell and former Cox Automotive president of international operations John Bailey are set to launch Carzam – a new "Amazon-style" online car retail platform.
The PSA Group has outlined its plan for a series of temporary closures at its European plants in light of the COVID-19 coronavirus outbreak.
Car dealers should open negotiations over potential rent arrears now as the COVID-19 coronavrius threatens to harm cashflow in the coming weeks and months.
Ford retailer Hills Automotive has expanded its used car and commercial vehicle operations into a new location with the acquisition of the Savilles Garage car dealership at Mustow Green, Kidderminster.
Vertu Motors has completed the £5 million expansion and refurbishment of its Mercedes-Benz dealership in Reading.
Toyota Best Retailer in Town Awards - known as the BRITs -
The 2016 Ford Ka city car has retained its status as Auto Trader’s fastest-selling used car in February as the online marketing platform recorded a speeding-up of stock turn ahead of the key number plate change month of March.
Pendragon has appointed Scottish and Southern Energy (SSE) divisional director and former chief operating officer of Opus Energy, Nikki Flanders, as a non-executive director.
The International Monetary Fund (IMF) and automotive sector analysts have expressed an inability to speculate over the economic impact of coronavirus as businesses grow increasingly “anxious over the duration” of the outbreak’s impact.
An independent used car dealership has been ordered to pay £14,000 after attempting to sell and Audi Q7 SUV having ‘clocked’ the vehicle to remove 30,000 miles from its mileage.
Fine Cars has joined the SsangYong Motor UK dealer network with the opening of a new showroom in Gosport.
