Sytner Group has reported a 7% increase in turnover and 14.2% rise in pre-tax profitability as it delivered a record set of annual financial results in the year to December 31, 2018.
The average UK car dealer lost £14,000 during August in what has been described as a “significant deterioration” on the break-even result achieved in the same month a year earlier.
Group 1 Automotive has become the first car retailer to adopt Audi’s latest corporate identity with the opening of its new 17-car showroom in Chelmsford.
Peoples Ford chairman Brian Gilda has repeated his warning that a no deal Brexit will trigger “Armageddon” for UK industry as the group announced its latest set of annual financial results.
Manheim has appointed Inchcape Retail’s Dean Ashworth and Kwik Fit’s John Fletcher as general managers of its auction centres in Colchester and Wimbledon.
The SLM Group has announced it will make five redundancies when it closes the doors of its Hyundai Norwich dealership at the end of November.
The roll-out of the worldwide harmonised light vehicle test procedure for vehicle emission into the commercial vehicle sector has triggered a 23.5% decline in September registrations.
Top female employees from the franchised car retail sector have been recognised among the winners at the UK Automotive 30% Club’s Inspiring Automotive Women Awards 2019.
New car registrations rose just 1.3% as the key numplerplate change month of September saw the sales appeal of the new 69-plate struggle to overcome consumers' "Brexit anxiety".
Inchcape has announced that its will leave the Chinese car retail market with the sale of its Lexus, Porsche and Mecedes-Benz dealerships in the country for over £54 million.
Groupe Renault UK has issued a series of special awards to celebrate 115 years of franchised representation from South West car retailers City Motors, SJ Cook & Sons and AKS Yeovil.
Imperial Cars will aim to prepare 3,500 used vehicles for sale via its car supermarket network each month at its new 10.8-acre Bristol facility which begun operation this week.
Park’s Motor Group has officially opened the doors at its new McLaren Automotive supercar showroom facility in Leeds – after 17 months trading from a temporary facility.
Fully salaried wages may help mitigate motor retail employees’ ‘financial shock’ worries
Pendragon’s plan to close 22 of its 34 UK-wide Evans Halshaw Car Store used car retail sites gathered momentum last week with staff taking to social media to share their sadness at site closures.
