Constellation Automotive’s private equity fund owner TDR Capital is set to dispose of its LeasePlan vehicle leasing business after securing a €4.9 billion (£4.1bn) sale.
A new Beast of Ben charity fund-raising event is set to put automotive rivalries to the test through a series of challenges of both mental strength and physical agility.
Vantage Motor Group has started the New Year by formalising new terms of employments for its workforce, including a five-day working week, a “no late nights” promise and up to £25,000 basic salary.
MG, Audi, Kia and Polestar featured among 2021’s new car registrations winners as Tesla’s Model 3 ended 2021 as the UK’s second best-selling car with registrations almost three-times that of the next most popular EV.
New car registrations rose just 1% in 2021 as tougher trading arrangements, accelerating technology shifts and decimated supply stalled the sector’s recovery from COVID-19.
Former Paddy Power and Lastminute.com tech expert Edgardo Savoy has joined the “fiercely ambitious” team at online car retailer Carzam as chief technology officer.
Inchcape has secured planning permission for a new Dual Arch Concept Jaguar Land Rover (JLR) dealership in Norwich.
The promise of standardised pricing and an end to showroom haggling mean that 55% of car buyers would prefer an agency model in the automotive retail sector, according to What Car? research.
Former Dyson Group chief executive Jim Rowan will succeed Håkan Samuelsson as CEO and president of Volvo Cars as the brand continues its “rapid transformation of digitalization”.
Supercar and luxury vehicle retailer HR Owen has reported a seven-fold rise in pre-tax profits in its 2020/21 annual financial results.
Vertu Motors has recruited Auto Trader franchise brand director Chris Penny as its new group strategic projects director.
The ‘UK’s quickest car dealer’ benefits from increased customer conversions thanks to an average response time of just one minute and nine seconds, it has been claimed.
The RAC Dealer Network and The Assurant Foundation have made a £20,000 donation to the Ben automotive charity.
After what has been described as a “topsy turvey” 2021, with trading challenges leading to record profits for many businesses, AM looks back at its top 10 most-read stories.
Volkswagen Financial Services (VWFS) has predicted that new car supply shortages will trigger a festive car rental boom for franchised retailers operating its Rent-a-Car service.
