Health benefits, enhanced annual leave and subsidised gym memberships are part of a new wellbeing package introduced for staff at AM100 dealer group Drive Motor Retail.
Pendragon chief executive Bill Berman has said he is “delighted” with the car retail group’s 2021 financial results, which revealed a record underlying profit before tax of £83 million.
Swedish car retailer Hedin Group could be lining up a second takeover bid for Pendragon after having an initial £400m offer rejected, it has been reported.
Inchape is pulling out of the Russian market as a result of the ongoing conflict in Ukraine.
DM Keith’s Grimsby Seat dealership has been awarded the Spanish brand’s Retailer of the Year award.
Vertu Motors has launched a recruitment drive to attract staff to four new Toyota franchised car dealerships after taking over the brand’s West of Scotland territory from Arnold Clark.
Lookers is close to completing a £3 million major redevelopment of its Volkswagen Teeside dealership in a move that will bring car and van sales together at a single site.
Bristol Street Motors has launched its own W Series race team and has increased its support for the W Series' Excelr8 Motorsport team.
Vertu Motors has revealed that its 2022 pre-tax profits will have risen by more than 200% in 2022 as it forecast a year-end total of “not less than £75 million” in a trading update issued this morning.
Arnold Clark chief executive Eddie Hawthorne has told AM that the Scottish automotive retail giant expects to sever ties with more franchises after its exit from Ford and Toyota this month.
Snows Motor Group has launched a ‘Mission 60’ fund-raising drive to raise £60,000 for good causes in its 60th anniversary year.
JCB Group's Sittingbourne Van Centre has been hailed the best of the UK Volkswagen Van Centre at the brand's annual awards ceremony.
Newspaper The Times has criticised dealer groups which it says will post "record annual profits" this year for not paying back the state support they received when COVID lockdowns closed their showrooms.
Vertu Motors will take over from Arnold Clark as Toyota GB’s franchised car retail group for the West of Scotland – creating four new car dealerships to serve the brand.
Inchcape UK has followed the launch of its new bravoauto used car retail division with a group-wide rebrand which has redefined its car buyer offering.
Group 1 Automotive has reported a 27.2% increase in revenues as gross profit rose 40.7% in its annual financial results for 2021.
Chorley Group has tripled the scale of its MG Motor UK representation in its home town with the opening of a new standalone showroom for the brand.
Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.
Vertu Motors has promoted Lee Burns to head of business at its Bradford Land Rover retail site.
Vertu Motors’ Macklin Motors Scottish car retail division has brought together MG, Kia and Peugeot sales and servicing at a newly-developed £5m Edinburgh showroom.
