Top 10 AM100 motor retailer Marshall Motor Holdings has secured a £64.5 million takeover of 48-site Motorline Holdings from the Obee family.
CitNOW has expanded its international portfolio with the addition of two automotive software providers, Quik and Reef Business Systems.
Lloyd Motor Group has bought Inchcape's Jaguar Land Rover business in York, expanding its geographic footprint further into Yorkshire.
Stoneacre Motor Group has increased its Toyota, Lexus and Renault/Dacia representation with its takeover of RMB Motor Group in the North East of England.
Pendragon has completed the £16.3 million sale of its Hornburg Jaguar Land Rover (JLR) premium car dealership in Los Angeles, California.
Cazoo is set to acquire Drover, the UK's best-known car subscription platform, in a step set to boost Cazoo's growth in the UK and into Europe.
Pendragon has agreed to sell another of its Jaguar Land Rover dealerships in a £11.8 million deal.
Showroom software firm Dealerweb has been bought by CitNOW in a deal which the video software experts believes will leverage innovation and help motor retailers provide "an outstanding customer experience".
Inchcape UK has agreed the £29.7m sale of its Jaguar Land Rover (JLR) Arch Concept premium car dealership in Southampton to Hendy Group.
Inchcape UK CEO James Brealey has asserted that his retail group remains “committed” to its BMW and Mini franchises after confirming it is in the latter stages of disposing of sites in the North East and Croydon.
Marshall Motor Group has made it clear that it is ready to acquire businesses as Covid-19 is likely to accelerate consolidation in the UK automotive retail market.
Mountune, the tuning and parts specialist for performance and racing Fords, has announced that it is seeking a buyer or investment partner for the business.
Arden is poised to acquire Inchcape’s Cooper BMW and Mini car dealership operation in Tunbridge Wells, with the deal expected to be finalised by the end of this month.
Silbury Skoda in Cramlington, Northumberland, has been taken over by Pulman Group, an existing Volkswagen Group franchisee with Skoda dealerships already in nearby Durham and Sunderland.
Pendragon has completed the £16.5 million sales of its Chevrolet dealership in Puente Hills, California, to JBR Automotive six months after agreeing the sale to another car retail group.
Citygate Automotive has confirmed its acquisition of Inchcape Retail’s Volkswagen dealerships in West London and Twickenham – six weeks after AM reported on the impending deal.
Vertu Motors has added to the recent flurry of acquisitions and disposals within the Volkswagen retail network with the £8.8 million acquisition of four dealerships from Sytner Group.
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
Sturgess Motor Group has completed the sale of its Volvo Car UK franchise in Leicester to TMS Motor Group after revealing a pre-tax loss of £1.26 million in its 2018 annual financial results.
Inchcape looks set to continue its recent round of business disposals after agreeing to sell its Inchcape Fleet Solutions (IFS) UK vehicle fleet management and funding division to Toyota for £100m.
