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.
Sytner Group has opened the doors of its £9 million BMW car dealership in Cardiff after contractor MCS Group met its Christmas deadline for completion.
Stoneacre Motor Group has opened the doors to a new Volvo Car UK dealership in Sheffield following a £6 million investment.
Sytner Group’s used car supermarket division will launch a new drive-in service centre concept when it opens the doors to its 10th CarShop site in Bristol this weekend.
Lookers has appointed former HBOS chief information officer Heather Jackson as a non-executive director of the company with effect from today (November 25).
Group 1 Automotive has parted company with its managing director Darren Guiver after the Spire Automotive founder decided to "take time away from the business”.
Cambria Automobiles’ transition towards luxury car sales with the opening of new Bentley, Lamborghini and McLaren showrooms has helped it to a 37.4% increase in profit before tax in its latest annual financial results.
Motorline Group has officially opened the doors at its new Lexus franchised dealership in Maidstone – increasing its representation with the Japanese premium car brand.
Hendy Group has claimed the Solent Business Awards’ Company of the Year accolade after judges recognised its profitability, innovation, employment growth and a “near-doubling” of its turnover in 2019.
Pendragon has delivered an interim statement to share news of a 57.9% growth in underlying profit before tax as revenues and profits continued to decline amid mass site closures during Q3.
Vertu Motors chief executive has said that maintaining the car retail group’s strategic “discipline” to achieve growth in turnover and profits during the six month period to August 31, 2019.
TrustFord has continued its expansion into wholesale parts sales with the opening of a new PartsPlus centre in Preston.
Premium car manufacturers and the largest UK motor retailers are increasingly seeking each other out
Arnold Clark’s pre-tax profit increased by 6.5% as group turnover rose by 7.8% during 2018 after growth in used car sales volumes helped to counteract the effects of a decline car retail market.
Pendragon will broaden its search for new members of its senior leadership team after non-executive director Richard Laxer stepped down after 10 months on the car retail group’s board.
Peter Vardy has revealed that it expects to complete 50% of its car sales online by 2023 after crediting a focus on used car sales and aftersales for profit growth in its 2018 financial results.
Delegates at the AM100 round table discussed FCA compliance, online sales and CI demands
Pendragon has announced plans to close 22 of its Car Store used car supermarkets and one vehicle preparation centre after detailing a £32.2m underlying pre-tax loss in its H1 2019 financial results.
Lookers Group claims to have created “a true destination for everything Audi” with the official opening of its new 63,600sq-ft car dealership in Farnborough.
Perrys Motor Sales has brought together the PSA Group’s Citroen and Peugeot franchises under one roof at a new dual-brand showroom in Nelson, Lancashire.
