A director of an AM100 dealer group has branded the UK Government’s zero emissions vehicle strategy “a bloody shambles” after targets were reaffirmed by the Department for Transport yesterday.
The end of 39 years selling Toyota new cars as the Japanese brand restructures its retail network has left staff at Scottish car dealer group Struans "devastated and very disappointed".
Arnold Clark extends Click & Collect network with new Exeter site
Car dealers should protect themselves against wrangling over the real-life - as opposed to advertised - range of electric vehicles (EV) by getting buyers to accept that there is likely to be a disparity.
Pendragon, the owner of the Stratstone, Evans Halshaw and Car Store brands, has delivered a positive set of trading results revealing pre-tax profits rising 10.6% to £36.4 million in the six months to June 30.
American motor retailer AutoNation has now joined the bidding war for Pendragon, with its own 32p per share pitch matching the revised offer proposed by its US rival Lithia.
Maserati has become the latest brand to join luxury dealer group H.R. Owen’s new multi-marque facility with the opening of the first UK new store concept in Hatfield.
A second pitch from Anders Hedin and Roger Penske's dealer groups to acquire Pendragon in its entirety has upped their offer from 28p per share to 32p per share.
The restructuring agreement announced by online car dealer Cazoo this week to “deleverage” its capital structure and further improve its “financial flexibility” won't yet smooth its investors' journey, and stakeholders should "buckle up" according to one expert.
Ray Chapman Motors Bradford readies for October reboot
Dealerships may not be entirely ready for the volume and the complexity posed by the numerous Chinese electric vehicle (EV) brands hitting the UK market.
US-based Lithia Motors could be set to take over Pendragon's dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon's software division, behind as a standalone entity retaining Pendragon's stock market listing.
An Essex car dealer has been fined after admitting selling an unroadworthy Nissan Pathfinder described by magistrates as a 'death trap'.
Electric car subscription firm Onto, which has a fleet of 7,000 EVs and a customer base of 20,000 subscribers, has collapsed as it ran out of cash.
Stockton Kia receives solar-powered revamp
The fleet sector’s concerns over the fall in value of used electric cars could be pivotal to the UK’s success in phasing out fossil-fuel models.
Shareholders in Lookers voted on the 130p per share takeover offer by Global Auto Holdings this week and a huge majority gave it their backing.
Lloyd Motor Group has acquired the former Cazoo dealership premises on Scotswood Road, Newcastle
Inchcape Jaguar Land Rover has opened its new luxury showroom in Norwich following a year-long transformation of the site.
Greenacre Honda dealerships in Blackburn and Clitheroe have been bought by Marshall Motor Group
