Marshall Motor Holdings has reported 74.6% turnover growth and a 354.4% rise in pre-tax profit in its first financial results since the acquisition of Motorline and privatisation by new owner Constellation Automotive.
Growing AM100 PLC Vertu Motors' high-profile efforts to leverage marketing and sponsorships to boost its profile will deliver "surprises" in the months ahead.
Vertu Motors chief executive Robert Forrester has said that the car retail giant could grow “anywhere at any time” after revealing H1 results which suggest it is scaling the AM100 rankings.
Day’s Motor Group chairman Graham Day has praised the businesses “dedicated staff” after it recorded a 210% increase in pre-tax profits during a COVID-impacted 2021 financial year.
Riverside Motor Group’s acquisition of Harratts’ Honda dealership in Wakefield helped it to a 24% increase in turnover in its 2021 annual financial results.
Swedish car retailer Hedin Group has tabled its second takeover bid for Pendragon in six months – this time “highly conditional” 29p per share offer.
Teams from Lookers are gearing up to hit the roads this month (September) and cycle more than 400 miles to raise £150,000 for charity.
Peter Vardy Group has celebrated record annual financial results for a period which it sold its SilverBullet online retail software division and exited the Vauxhall franchise to focus on used car sales.
Pendragon chief executive Bill Berman has spoken to the car retail PLC’s “continued momentum” after delivering an “encouraging” set of financial results for the first half of 2022.
Lookers chief people officer Chris Whittaker has voiced fears the cost-of-living crisis affecting the car retail sector’s workforce is “not going to be a short-lived”.
Heritage Automotive highlighted the role played by “much-improved margins” and reduced administrative expenses as it recorded a five-fold increase in pre-tax profits in 2021.
Vertu Motors is taking its car dealerships “off grid” as part of efforts to combat the soaring cost of energy in the second half of 2022.
Group 1 Automotive has completed the acquisition of Essex-based BMW and Mini franchised car retailer Fairfield Motor Group.
Group 1 Automotive has appointed its current president of US operations Daryl Kenningham as its new chief executive after Earl J. Hesterberg announced his retirement after 17 years with the car retail group.
Pendragon has officially reopened its Stratstone BMW and Mini car dealership in Hull following a major refurbishment.
Sinclair Group has made its first move into England and added two Land Rover dealerships and its first Hyundai franchise through the acquisition of Shukers.
JCT600 has grown its Volkswagen Commercial Vehicles dealership to five locations through the acquisition of two sites from Volkswagen Van Centre West Yorkshire.
Robbie Savage, Macclesfield FC’s director of football, has renewed the club’s partnership with LSH Auto and Mercedes-Benz of Macclesfield for the 2022-23 season.
Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).
Inchcape is “confident” of achieving its mid-term growth plans after delivering 53% growth in its adjusted pre-tax profits in the first half of 2022.
