News - Page 213
Vertu Motors positioned to realise ‘ambitious growth aspirations’ after extraordinary 2020
The Vertu Motors board has said that the AM100 car retail group is positioned to realise “ambitious growth aspirations” after crediting a huge Vertu team effort for a creditable 2020 trading performance.
Mitsubishi UK retailers still awaiting new aftersales contracts amid market exit
Mitsubishi Motors in the UK franchised car retailers are still waiting to be issued with new aftersales contracts a year after the Japanese brand announced its plan to end new car sales in Europe.
Subaru adds first of 15 new car dealerships in ‘roots-up’ network restructure
Livery Dole, Tees Valley and Ullswater Road Garage have opened new Subaru UK dealerships as part of a “roots-up” restructure of the brand’s franchised car retail network aims to add 10 new locations in the first half of 2021.
Showroom reopenings offer fastest route to UK car manufacturing recovery, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive, Mike Hawes, has suggested that the immediate re-opening car dealerships represents the “fastest way to UK automotive manufacturing recovery”.
London Stock Exchange changes Inchcape PLC's listing amid shift away from retail
Inchcape has confirmed that its London Stock Exchange listing has been reclassified to remove reference to retail as it disposed of 13 UK dealership locations as part of a renewed focus on distribution in 2020.