Sytner Group has reported a 7% increase in turnover and 14.2% rise in pre-tax profitability as it delivered a record set of annual financial results in the year to December 31, 2018.
Group 1 Automotive has become the first car retailer to adopt Audi’s latest corporate identity with the opening of its new 17-car showroom in Chelmsford.
Peoples Ford chairman Brian Gilda has repeated his warning that a no deal Brexit will trigger “Armageddon” for UK industry as the group announced its latest set of annual financial results.
The SLM Group has announced it will make five redundancies when it closes the doors of its Hyundai Norwich dealership at the end of November.
Inchcape has announced that its will leave the Chinese car retail market with the sale of its Lexus, Porsche and Mecedes-Benz dealerships in the country for over £54 million.
Groupe Renault UK has issued a series of special awards to celebrate 115 years of franchised representation from South West car retailers City Motors, SJ Cook & Sons and AKS Yeovil.
Park’s Motor Group has officially opened the doors at its new McLaren Automotive supercar showroom facility in Leeds – after 17 months trading from a temporary facility.
Pendragon’s plan to close 22 of its 34 UK-wide Evans Halshaw Car Store used car retail sites gathered momentum last week with staff taking to social media to share their sadness at site closures.
Motorpoint has handed more than 15,000 hours of paid time to its staff as part of the One Big Dream scheme launched a year ago to help employees “pursue their dreams”.
WLMG has expanded MG Motor UK’s presence in Greater London with the opening of a new Eastcote showroom to coincide with the arrival of the fully electric new ZS EV.
Arnold Clark’s pre-tax profit increased by 6.5% as group turnover rose by 7.8% during 2018 after growth in used car sales volumes helped to counteract the effects of a decline car retail market.
Richard Hardie Group has said that “subdued retail confidence”, traffic disruption and the FCA Group's poor 2018 sales performance were to blame for a second consecutive year of pre-tax losses.
SsangYong Motors UK has added independent off-road vehicle sales specialist Seeker UK to its franchised car retail network with the opening of a new showroom in Chesterfield.
Pendragon will broaden its search for new members of its senior leadership team after non-executive director Richard Laxer stepped down after 10 months on the car retail group’s board.
Ancaster Group will take on the franchise for Hyundai Motor UK’s former Rockar-operated store at Bluewater Shopping just over a month after Motorline announced its departure from the site citing viability concerns.
Lookers has completed its development of Teeside’s first-ever FordStore in a £3m renovation and extension project at the former Jennings Group site.
Peter Vardy has revealed that it expects to complete 50% of its car sales online by 2023 after crediting a focus on used car sales and aftersales for profit growth in its 2018 financial results.
A team of fraudulent used car salesman who threatened to break the legs of one complaining customer and told another that it would “strangle” Trading Standards officers have avoided jail.
TrustFord will aim to smash its fund-raising targets once again with the re-launch of its Breakout for Ben charity fund-raising road trip with the help of adventurous automotive industry suppliers.
Motorline has completed the sale of its former Hyundai and Renault showrooms in Ashford following its relocation of the franchised sites.
