TMS Motor Group has shrugged off the set-backs of Leicester’s COVID-19 lockdown to acquire Sandicliffe Motor Group’s Kia dealership in the city.
Independent used car supermarket group Available Car has written to its employees warning of “potential redundancies” as a result of the impact of the COVID-19 coronavirus crisis.
The founders of independent supercar dealership Performance 28 have said that the challenge of becoming established amid Brexit and the COVID-19 crisis has created a “better business”.
Jardine Motors Group has confirmed that it has opened consultation over redundancies as part of a restructure prompted by COVID-19.
Lipscomb Cars has celebrated the official opening of its new £5 million Volvo dealership in Canterbury after delays caused by the COVID-19 held-up the development.
MotoNovo Finance has announced it is able to provide additional support to the dealer community as an accredited ‘Introducer’ for the Aldermore Coronavirus Business Interruption Loan Scheme (CBILS).
Maxus UK and Ireland has added Rivervale Cars to it’s expanding UK franchised dealership network as part of the company’s expansion plans for 2020.
The longest serving Lotus dealership in the world, Bell & Colvill, has celebrated its 50th year as a franchised retailer with the addition of McLaren Automotive Approved status.
Lookers has requested that the listing of its ordinary shares be temporarily suspended, pending publication of its 2019 annual financial results.
Over 20 employees could be at risk of redundancy at Cambria Automobiles’ Jaguar Land Rover (JLR) dealership in Swindon as part of plans to mitigate against the impact of COVID-19.
Shelbourne Motors has renewed its association with Ulster and Ireland scrum-half John Cooney, as its official brand ambassador.
Car retailers in Leicester fear that a stalling of lockdown easing measures resulting from a localised outbreak of COVID-19 coronavirus in the city could see their recovery efforts unravel.
Cazoo has made another Premier League sponsorship signing in the form of Aston Villa, agreeing a deal which will logos on the team’s shirts and around its Villa Park Stadium.
HR Owen has said that it is making “a limited number” of staff reductions in response to the market challenges faced as a result of the COVID-19 crisis.
The Evans Halshaw, Stratstone and Car Store car retail businesses will have a “powered by Pendragon” prefix added to their name as part of a rebrand of the AM100 car retail group aiming to add confidence to car buying consumers.
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
Tremont Garage’s managing director has cited “unprecedented events” for his decision to close his family-run Ford car dealership in Llandrindod Wells.
Mercedes-Benz Retail Group has closed its car dealerships in Bromley, Caterham and Chelsea as part of a “realignment” of its operations in the London market area.
Hendy Group is preparing to consolidate its commercial vehicle operations in West Sussex amid changes which will introduce a new Ford Transit Centre and an MG Motors dealership to its portfolio.
One-in-ten car buyers plan to head online to purchase their next vehicle according to BuyaCar research indicating that specialist online traders are set to gain increased market traction.
