Cazoo is targeting 100,000 annual used car sales and a £2 billion turnover in 2022 after raising a further $630 million (£414.2m) to fund its expansion in Europe and UK growth.
Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.
Robins & Day will add Fiat and Abarth brands to its existing Peugeot and Citroën showrooms in Sale and Birmingham Central as part of an ongoing Stellantis multi-brand car dealership drive.
Trenton Nissan has fully reopened its Grimsby car showroom following a £200,000 investment to adopt the Japanese brand’s new corporate identity (CI).
Cazoo has secured a sponsorship deal with Spanish LaLiga football club Real Sociedad as its strategy to drive car sales growth through profile continues in mainland Europe.
A customer video created by the aftersales team at Vertu Motors’ Macklin Motors Edinburgh East Hyundai has secured a global customer service award from the Korean car maker.
Lookers has marked the start of National Apprenticeship week with the launch of a drive to recruit 208 new apprentices for its nationwide network of car dealerships.
Drive Motor Retail is marking National Apprenticeship Week with a new rewards scheme that will will fund its apprentices’ driving lessons in a bid to attract its next generation of technicians.
Read Motor Group expects to drive beyond a 2022 turnover target of over £100 million after it opened the doors to a new Suzuki GB and MG Motor UK dealership site in Grimsby.
Mercedes-Benz franchisee LSH Auto celebrated a heady mixture of top performing staff at a virtual awards event made fun by cocktail-making masterclass.
Norton Way Nissan received a “huge lift” when its philosophy as promoting electric vehicle (EV) ownership as a ‘way of life’ resulted in recognition at the AM Awards.
Marriot Motor Group has formed a new partnership with iStoreDOCS to help boost data security it provides to customers.
Vertu Motors has promoted Lee Burns to head of business at its Bradford Land Rover retail site.
Automobili Lamborghini has revealed its new showroom design aesthetic which is under roll out for its global retailer network.
Lookers chief executive Mark Raban has told AM that his group is poised to “try something different” following its history of growth through acquisition.
Mini UK has named Inchcape Chelmsford as its best-performing dealership in 2021, at the virtual Mini Retailer Awards event.
Carrs Ferrari has opened the doors to a new, purpose-built supercar dealership in Exeter.
Cinch, BCA and Webuyanycar owner Constellation Group has followed up its move to acquire Marshall Motor Holdings with the purchase of a 19.9% stake in Lookers.
Ancaster Group’s Hyundai Bluewater store has been transformed into the Korean car maker’s first ‘Electrified’ store as its accelerates its launch of electric vehicles (EV).
Vertu Motors’ Macklin Motors Scottish car retail division has brought together MG, Kia and Peugeot sales and servicing at a newly-developed £5m Edinburgh showroom.
