Perrys Group has blamed cost pressures including the apprenticeship levy, pension costs and a higher minimum wage for a set of 2017 annual financial results which showed a 65.7% decline in profit before tax.
Slaters of Abergele’s former Citroen and Nissan showroom has been put up for sale six months after the business went into administration.
SsangYong has appointed four new dealers and welcomed Justin Lamba as dealer recruitment manager as part of a new “free” dealership uptake approach.
Endeavour Automotive is days away from opening a new Lotus franchise in Colchester as the British sports car maker continues its expansion plans under new owner Geely.
Anchor Vans will expand its car and commercial vehicle retail operations into a neighbouring two-acre site after acquiring the land from The Caravan Company.
Lawyers who led large-scale PPI mis-selling claims are poised to turn their attention on PCPs following the conclusion of the Financial Conduct Authority’s (FCA) investigation into car finance, it has been claimed.
Arnold Clark has promised to deliver “market-leading car leasing deals” to businesses as part of its newly-launched free employee car plan solution Affinity Cars.
John Grose Group has officially opened the doors to its new Peugeot, Citroën and DS Automobiles dealership in Ipswich – bringing PSA Group under one roof the first time in the town.
Former Mercedes-Benz Retail Group managing director and Jaguar Land Rover director of global retail operations Mike Whittington will lead Polestar’s sales expansion across the globe.
Aston Martin Works has opened a new Heritage satellite showroom to “complement” Stratstone’s nearby Mayfair franchise.
JCT600 will bring the Roll-Royce luxury car franchised to Leeds with the opening of a new purpose-built showroom after Pendragon’s Stratstone operation withdrew its plans to fill the dealership open-point.
Batchelors Motor Group has begun Suzuki sales in York ahead of the opening of an all-new showroom facility at the city’s York Business Park next month.
Electric sports car brand Polestar has said that it will deliver “a new approach to automotive retail” with the opening of 60 Polestar Space retail spaces by 2020.
Drive Motor Retail has increased its presence with Vauxhall in the North East with the addition of three new dealership through the acquisition of Darlington-based Sherwoods Group.
Car dealers reduced their July losses by almost £5,000 year-on-year to “emphasise improvements made over 2017”, ASE’s monthly profitability report has shown.
Commercial fleet operators who overpaid for trucks from firms that colluded in a price-fixing cartel could receive a combined total of £5 billion in compensation, Fleet News has reported.
Lookers is days away from formally completing the acquisition of £216.6m turnover Jennings Group, AM understands.
Kia Motors has pulled away from the car manufacturer pack to become the highest rated franchise among UK car dealers in the NFDA Dealer Attitude Survey Summer 2018 - reclaiming its title from a faltering Mercedes-Benz.
John Banks Group has officially opened a refurbished Renault showroom and standalone Dacia franchise in Cambridge as it brings an end to a “year of refurbishments” within the business.
Arbury Group has reported 8% growth in its annual turnover and a 5% increase in pre-tax profits in its financial results to December 31, 2017.
