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.
Inchcape has generated £76m with the disposal of six Volkswagen, BMW, Mini and Jaguar Land Rover (JLR) retail sites in Australia.
Pendragon could be poised to make 1,300 redendancies as part of a business restructure designed to stem its faltering financial performance.
Hendy Group is preparing to embark on a rebrand of the Westover Group dealerships it acquired at the start of 2019.
Marshall Motor Group has opened the doors to an all-new Nissan dealership in Lincoln with a special sales event celebrating the opening until September 15.
Arnold Clark chief executive and managing director Eddie Hawthorne has hailed the AM100 car retail group’s 835 apprentices as “the lifeblood” of the business.
Pendragon Vehicle Management (PVM) has welcomed former Honda UK fleet sales operations manager Marc Samuel as its new director of B2B.
Inchcape has appointed former LeasePlan chief financial officer Gijsbert de Zoeten as its own CFO following Richard Howes’ decision to leave the AM100 car retail group.
Pendragon has completed the £17.2 million disposal of its Chevrolet car dealership in Puente Hills, California.
Lookers is investing £10 million over the next two years in a bid to deliver a “gold-plated” sales process ahead of the launch of an official investigation of the business by the Financial Conduct Authority (FCA).
Brayleys Group has more than doubled its representation of Honda with the acquisition of Thames Honda for an undisclosed sum.
Snows Motor Group has become the UK’s largest franchised partner of Seat with the opening of a seventh dealership with the Spanish car brand in Basingstoke.
JCB Group has been revealed as Suzuki GB's latest new franchisee with the opening its first showroom with the brand in Ebbsfleet, North Kent.
Vertu chairman Peter Jones will tell this morning’s car retail group AGM that the group experienced profit declines of £2.3 million from new car sales and £1.1 million from use in the four month period to June 30.
Motorline has trebled its Audi representation in Kent with the acquisition of a further two dealerships sites from Inchcape Retail.
