Marshall Motor Holdings has opened a new dealership featuring Seat and its performance sister brand Cupra in a former Vauxhall franchised site in Oxford.
Pendragon has completed the £16.3 million sale of its Hornburg Jaguar Land Rover (JLR) premium car dealership in Los Angeles, California.
AM100 motor retailer HR Owen is investing heavily in 2021 ready to win over more luxury car buyers, despite a heavy hit to its 2020 profits as coronavirus lockdowns took their toll.
Lookers has applied to recommence share trading on the London Stock Exchange following publication of interim financial results which revealed a £50 million loss in a COVID-impacted H1, 2020.
Pendragon has revealed its plans to develop new BMW and Mini dealerships in Derby and Hull, bringing the two brands together under one roof for the first time at the two locations.
Stoneacre Motor Group has signed a 15-year lease on a 65,100sq-ft Parts and Logistic Hub in Doncaster.
Sytner Group has said that was ‘privileged’ to host Bugatti’s European Roadshow of the new Chiron Pur Sport ahead of the opening of its new Manchester hypercar dealership.
Marshall Motor Holdings chief executive Daksh Gupta is set to reflect his “most challenging period in car retail” and reveal his approach for 2021 as one of the sector leaders speaking at Automotive Management Live Virtual.
John Clark Motor Group has said that it expects to have profitability “significantly ahead” of its pervious year in 2020 after recovering from the COVID-19 coronavirus lockdown of H1 with a “strong trading” performance.
Lookers has said that it will continue to “review the appropriateness of the remuneration policy” following a shareholders’ revolt over the £450,000 pay packet of chief executive Mark Raban.
Peter Vardy will go head-to-head the likes of Cazoo and cinch with a rebranded and expanded used car retail division following improved turnover and profitability in its 2019 annual financial results.
Harwoods Group has revealed that it will open its new Volvo Crawley dealership in late February 2021 as construction of the new showroom facility nears completion.
Inchcape has reported that its performance during November’s ‘Lockdown 2’ COVID-19 restrictions was “better than expected” – leading to an upgraded pre-tax profit forecast.
Marshall Motor Holdings has upgraded its profit predictions for 2020 after it “significantly outperformed” the car retail market in October and November.
Lookers has appointed Yorkshire Building Society chief financial officer Robin Churchouse as an independent non-executive director and chair of its Audit and Risk Committee, Remuneration and Nomination Committees.
The Peter Vardy Group has introduced chalets at its Motherwell branch and its Glasgow CarStore to allow customers to discuss their purchase outdoors during the COVID-19 crisis.
The Sytner Group has completed the latest expansion of its CarShop used car supermarket division with the opening of its largest retail site to date – a “multi-million pound” facility in Nottingham.
Vertu Motors has completed its long-awaited acquisition of 12 BMW, Mini and BMW Motorrad franchised motor retail outlets across five locations from Inchcape’s Cooper BMW division.
Inchcape UK has agreed the £29.7m sale of its Jaguar Land Rover (JLR) Arch Concept premium car dealership in Southampton to Hendy Group.
Chorley Group has become the latest AM100 car retail group to respond to the Ben’s plea for help to plug a £1m funding gap – delivering a £10,000 Christmas gift to the automotive charity.
