Pendragon’s leadership team are today preparing for a shareholder revolt as Hedin Group joined other key stakeholders in stating it will vote against “out of tune” bonus payments.
Harwoods Group has opened the doors to its newly-developed Jaguar Land Rover (JLR) premium car dealership in Brighton.
The board of directors at Cambria Automobiles has confirmed that chief executive Mark Lavery has been given more time to negotiate a management buy-out (MBO) of the AM100 car retail PLC.
Drive Motor Retail has further expanded its previously Vauxhall-dominated franchise portfolio with the addition of three new MG Motor UK dealerships in Leicester, Bristol and Darlington.
TrustFord has continued the consolidation of the Ford's car retail network in London through the acquisition of Cambria Automobiles’ franchises in Croydon and Wimbledon.
Vertu Motors chief executive Robert Forrester has said the AM100 PLC will continue to drive a “big brand” profile through high-profile marketing after adding 30 car retail outlets in 15 months.
Experts from ICDP, ASE and UHY Hacker Young respond to suggestions that motor retail's evolution could leave 'regional hero' dealer groups vulnerable.
Cambria Automobiles chief executive Mark Lavery has said that the group has experienced “tension” from certain OEM partners over COVID safety measures which have seen customers turned away from its car showrooms.
Inchcape UK chief executive James Brearley has revealed the AM100 PLC’s plan to open up to 20 used car retail locations, each with an adjoining fast-fit aftersales offering, by the end of next year.
Cambria Automobiles has set out its roadmap to car retail recovery in a trading updated for a six-month period which saw the majority of its dealerships closed for more than 100 days due to COVID-19 restrictions.
Caffyns has joined the London Electric Vehicle Company (LEVC) dealer network with the opening of a new franchised retail location in Eastbourne, Sussex.
Group 1 Automotive has reported a “solidly profitable” Q1 for its UK car dealerships, despite the impact of COVID-19 ‘Lockdown 3’ showroom closures.
Marshall Motor Holdings is celebrating a seventh successive ranking in Great Place to Work UK’s annual Best Workplaces rankings after receiving praise for its “courageous and transformational” leadership.
Pentagon Motor Group has added Renault and Dacia franchises to its Rochdale site, to sit alongside its Vauxhall Authorised Repairer franchise.
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
Inchcape’s UK car dealership operation showed “relative resilience” in a COVID-impacted ‘Lockdown 3’ as the PLC’s distribution business offset revenue losses from retail, the PLC has reported.
Mitchell Group’s founder and managing director Mark Mitchell has joined the panel for AM’s upcoming Regional Heroes webinar.
Perrys Motor Sales has opened a new Mazda UK Studio in Dover, claiming to offer the Japanese brand’s premium car dealership experience from “a more intimate and convenient setting”.
The skills and passion behind the UK's greatest local motor retailers are to be discussed at AM's Regional Heroes webinar on May 4, sponsored by Aston Barclay and Marketing Delivery.
Inchcape has continued its plan to move away from car retail with the £70 million sale of its Toyota and Audi dealerships in St. Petersburg, Russia.
