Luxury used car retailer Autovogue has ceased trading after blaming “failing used Jaguar Land Rover vehicles” for its faltering financial fortunes.
Snows Motor Group is donating £60,000 to six charities after delivering on its fund-raising targets with a year-long fund-raising campaign to celebrate its 60th anniversary.
JCT600 has submitted a planning applications for a luxury car and electric vehicle (EV) aftersales centre near to its Porsche and newly-developed Ferrari dealerships in Leeds.
Citygate Automotive is poised to open a new Kia UK dealership in High Wycombe after transforming Perrys’ former Ford showroom in the Buckinghamshire town.
Volvo Cars UK franchisee Clive Brook has handed over the keys to his car dealerships in Bradford and Huddersfield to Ray Chapman Motors – ending a “fantastic journey” in automotive retail.
Volvo Car UK chief executive Kristian Elvefors has informed the Swedish carmaker’s dealers of a three-month postponement to its planned roll-out of agency model new car retail.
Vanaways has moved to a new office complex to support its growing headcount.
Richmond Motor Group delivered an awards double at MG Motor UK’s annual awards, securing the brand’s retailer, group and aftersales dealer of the year accolades.
Motorpoint chief executive Mark Carpenter has insisted the car supermarket group will succeed in its goal of becoming a “highly profitable market leader” despite faltering finance commissions and used vehicle margins.
Roger Young Isuzu has been awarded the Dealer of the Year Award at the Isuzu Dealer Conference and Awards.
Chris Lee, the new managing director at AM100 motor retailer Howards Group says a focus on aftersales and finance renewals will help his team build on the group’s successful 2022.
Stoneacre Motor Group’s profit before tax soared by 63% to deliver a record set of annual financial results for 2021/22.
Lithia Motors’ Jardine Motor Group takeover talks have highlighted the undervaluation of UK car retail businesses, analysts have claimed.
Cambria Automobiles chairman and chief executive Mark Lavery has said his business is ready to enter “chapter two” of its development after the appointment McLaren finance director Paul Buddin as CFO.
Pendragon has said that car sales growth in Q4 helped propel it to a “better than expected” 2022 financial performance in a trading update published this morning (January 25).
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Lithia Motors has revealed that it views Jardine Motors as “a platform for future growth in the UK” after it emerged that the US-based car retailer was in advanced talks to acquire the AM100 car retail group.
Arnold Clark customers have had their addresses, passports and national insurance numbers leaked on the dark web following a cyber-attack on the car retail giant over the festive period.
Westerly Exeter and Cotswold Cheltenham have been crowned BMW and Mini Retailer of the Year at an annual awards event hosted by comedian Alan Carr and radio presenter Edith Bowman.
BYD will begin UK sales of its electric Atto 3 model in the coming weeks, following the appointment of five dealer partners.
