Jaguar Land Rover (JLR) is scaling back its Dual Arch dealer network upgrades after pushback from retailers over the level of investment required.
MPs who suggested that climate change targets require many UK motorists to ‘ditch the car’ completely by 2050 have questioned the commitment of car manufacturers and dealers to the promotion of alternative fuel vehicles (AFVs).
Tributes have been paid to car retail group founder John Mulholland after he lost a battle with cancer at the age of 55.
Motorpoint has officially opened the doors of its new 7,000 square foot headquarters in Derby.
Inchcape Retail has seen 20 of its business managers pass the IMI Accreditation for Finance and Insurance standards.
Brayleys Cars’ Oxford Kia dealership has become the latest franchised retailer to launch a new car rental facility as part of the Korean brand’s ‘Try Before You Buy’ initiative.
Hatfields Group has published details of record profitability in a set of 2018 annual financial results which revealed a 7% increase in turnover and 17% growth in profit before tax.
Pendragon has completed the £17.2 million disposal of its Chevrolet car dealership in Puente Hills, California.
Lookers is investing £10 million over the next two years in a bid to deliver a “gold-plated” sales process ahead of the launch of an official investigation of the business by the Financial Conduct Authority (FCA).
Richard Hardie Group has expended with the opening of a new MG Motor UK franchised car dealership in Ashington, Northumberland.
Read Motor Group has said that it overcame ‘”aggressive competition” in the new car retail sector to grow turnover and profit during 2018.
Residents have raised concerns about an independent car retailer’s plans to redevelop a former garden centre into a dealership with space for 100 vehicles.
Ford franchisee Pertwee & Back has suffered a 43.4% decline in turnover as it slipped into loss following a decision to improve profitability by placing a “greater emphasis on higher margin retail sales”.
Car retailers recorded an average decline in profit of 31.7% during June as the average sum earned declined by £13,000 to £28,000 during the month, ASE has reported.
Brayleys Group has more than doubled its representation of Honda with the acquisition of Thames Honda for an undisclosed sum.
Marshall Motor Group hosted around 600 people at an official opening event for its £10 million, 40,000 square foot Jaguar Land Rover (JLR) dealership in Lincoln.
SsangYong Motor UK has added Somerset’s Platinum Motor Group to its list of franchisees with the opening of a new dealership in Frome.
Snows Motor Group has become the UK’s largest franchised partner of Seat with the opening of a seventh dealership with the Spanish car brand in Basingstoke.
Pentagon Motor Group intends to grow its Vauxhall representation to 13 franchised sites with the acquisition of Archie Moss Vauxhall in Loughborough.
Motorline has ended its involvement in the Hyundai Bluewater Store after 16 months, stating that it does “not believe the mid- to long-term viability” of the shopping centre new car sales concept.
