Car retailers face a £158.5 million tax rise over the next five years as “further increased liabilities if investing” place further pressure on an industry which has lost one-in-ten locations since 2009.
Car dealers who generated an £17,000 average profit in December 2016 suffered the effects of a £400 loss 12 months later, according to ASE.
Northern Ireland’s Donnelly Group has acquired Eakin Bros’ County Londonderry Vauxhall franchise in an expansion which saw it claim to be “the home of Vauxhall in the North West”.
Seat has revealed that it is currently “evaluating scope for a UK Cupra specialist network” as it prepares for a re-launch of the performance car model line at the 2018 Geneva Motor Show.
The Independent Garage Association (IGA) is warning businesses to be aware of a new advertising scam.
Mazda Motors UK has celebrated a 38% average increase in profitability across its UK car dealer network during 2017 - despite falling registrations.
Halliwell Jones has applied for planning permission to develop a new BMW and Mini dealership in Wilmslow – bringing together two existing franchised sites.
Vertu Motors chief executive Robert Forrester has said that the group will be considering how it can best "deploy capital" to drive growth in 2018 following a trading update which revealed a new car sales decline of 15.7%.
High-profile marketing speaker Geoff Ramm got the team at Luscombe Motors to take part in a 120-second exercise to spark inspiration about how they could get inventive with their service to car buying customers.
Sales and support staff at south coast based Hendy Group have been honoured for their contribution to a record year at the company’s annual sales awards.
Up to half of UK car dealerships will close within by 2025 according to respondents to KPMG’s Global Automotive Executive Survey 2018.
A campaign by the National Franchised Retailers to promote a greater understanding of automotive retail saw the Rt Hon Sir Vince Cable MP step into the showroom at Inchcape Volkswagen in Twickenham.
Lookers has opened the doors of two Glasgow-based dealerships, following £12m investment.
Desira Group has doubled its representation with the Suzuki franchise following the opening of a new dealership in Norwich.
Bowker Motor Group has secured planning permission for its new 43,000 square-foot Porsche dealership in Preston.
WR Davies has opened the doors of its new £3 million Nissan Stafford car dealership at a “landmark” event attended by the Nissan Motor (GB) managing director.
JCB Group has added Kia, Citroen, Mitsubishi and SsangYong to its list of franchise partners with the acquisition of the family-owned Hidsons Group.
Arbury Group has formalised Paul Goodwin’s position as managing director as the business targets 2.5% return on sales and growth with four new franchised outlets.
John Banks Group has recently completed its biggest refurbishment project in over eight years at its Honda Ipswich dealership.
Scottish dealer group Peter Vardy has opened a new Heritage Showroom to display its range of classic cars, in Edinburgh.
