Car retail business have been advised to "flex" staff bonuses and salary sacrifice schemes to mitigate against the impact of the cost-of-living crisis as UK inflation continues to soar.
Eden Motor Group is celebrating fund-raising success after raising more than £30,000 for charities and community groups in the past 12 months.
Group 1 Automotive has promoted its director of operations Mark Bridgland to the post of managing director – ending 22 months without an MD.
Dealers face a “double whammy” of rapidly rising costs and rapidly slowing buyer demand, driven largely by the accelerating cost of living.
The first franchised car retail site to open under Volvo Car UK’s Sponsored Retailer Programme has completed a move into a brand new premium car showroom.
Pendragon chief executive Bill Berman has said that an anticipated £33 million underlying first-half pre-tax profit will give the car retail PLC “good momentum” for H2 2022.
Open banking is expected to become the most popular payment method in car dealerships by 2030.
Batchelors Motor Group managing director Tony Denton has suggested that UK businesses may have to “start treating extreme heat like extreme snowfall” in a bid to better look after customers and staff.
Chorley has continued its growth in the North-West through the acquisition of Vantage Citroen in Blackpool
Stoneacre has completed the refurbishment of its Volvo Sunderland dealership, following a £5 million investment in the site.
Defibrillators have been installed at 60 Hendy Group sites across the south and southwest, following £36,000 investment.
Nissan Motor GB has announced the sale of its 13 owned West Way dealerships, following the recent dealer terminations in its future Ideal Network Plan.
SsangYong Motors UK has added August Motors to its dealer network.
Burrows Toyota in Barnsley held a party at its showroom to celebrate its fifth Toyota Ichiban award.
Batchelors Motor Group has completed the acquisition of Kineholme of Otley’s Renault and Dacia dealerships to expand its footprint into West Yorkshire.
Jaguar Land Rover (JLR) has revealed that it will roll-out an agency model retail agreement for its car retail franchisees by 2024 – but has refused to comment on potential network cuts.
Nissan has been accused of attempting to carry out a “cloak and dagger” restructure of its franchised car retail network which will axe some of its longest serving and top-performing franchisees.
Steven Eagell is set to grow its car retail market territory and its portfolio with Toyota through the acquisition of Inchcape’s car dealership in Oxford.
Nunns Mazda Grimsby has picked up a Mazda All-Star award for topping the car maker’s sales league.
Brindley Motor Group has been given a green light to redevelop its existing Wolverhampton Kia dealership to meet the Korean carmaker’s latest corporate identity (CI) standards.
