Group 1 Automotive has completed its £346 million takeover of Inchcape Retail, adding 54 car and van dealerships in a "monumental transaction" that will put it into the top five of the AM100 rankings of UK's largest motor retailers.
Vertu Motors has taken over the Honda Exeter dealership from fellow AM100 motor retailer Hendy Group.
Big Motoring World has acquired three sites from CarShop, the used car supermarket division of Sytner Group.
Mon Motors has doubled its representation of Volkswagen Group brands with an acquisition of dealerships in the West Country.
US and Canadian investors are looking for opportunities in the UK’s automotive retail market and further acquisitions are expected to take place this year.
UK independent dealer Glyn Hopkin Group has been sold to an Employee Ownership Trust (EOT).
Gemini Accident Repair Centres is under new ownership after founder Tim Hopkins sold the bodyshop chain
Group 1 Automotive now has more than 20 Mercedes-Benz dealerships in the UK following yet another acquisition from the expanding US-owned dealer group.
A team of industry heavyweights is to lead Citygate Holdings’ new Auto.Works venture which is aiming to transform the online presentation of new and used vehicles ,
Cazoo's brand and marketplace business are reported to be on the verge of being sold for a fraction of what it invested in high-profile sports sponsorships
AM100 dealer group Brayleys has bought two Honda dealerships and its first Suzuki dealership from Crown Motors
AM100 dealer group City West Country is expanding through acquisition of another Mercedes-Benz dealership. It has competed the takeover of Exeter's Mercedes-Benz Van Centre, which has been operated by Snows Motor Group since 2017.
Investors looking to diversify portfolios are increasingly turning to money-making niche assets with car dealerships top of the list
G3 is planning a ‘seven figure investment’ to create a new 30,000 vehicle volume Bedford auction facility following its Cazoo Wholesale acquisition.
Used car finance platform Evolution Funding is to acquire motor finance broker Creditas Financial Solutions.
Lloyd Group’s acquisition of the Cumbrian dealership Walkingshaw will see it adding the Volkswagen brand to its portfolio.
Desira Group has acquired Simpson Garage Great Yarmouth for an undisclosed sum.
US-based giant Lithia, the new owner of Pendragon, has unveiled plans to axe hundreds of jobs.
Investor appetite for car dealership property is accelerating with transaction activity already ahead of 2023
Group 1 Automotive has agreed a £346 million deal to acquire Inchcape's UK dealerships, almost doubling the scale of the AM100 group.
