TrustFord chairman and chief executive Stuart Foulds has said he was “relatively pleased” with the group’s COVID-impacted 2020 financial results – despite recording a £5.2m pre-tax loss.
Marshall Motor Group chief executive Daksh Gupta has given an insight into how the AM100 PLC will continue to adapt to the changing car retail market after a “pretty special” start to 2021.
Lookers will report its 2020 annual financial results on the Financial Conduct Authority’s (FCA) June 30 reporting deadline after announcing a "short delay" in publication.
Hendy Group is targeting a July completion date for its new Lotus Cars dealership development in Exeter – the last of three new franchised sites with the performance car brand.
Pendragon has fully-reopened its Stratstone Doncaster BMW dealership following a redevelopment which has added 20% more showroom space.
Marshall Motor Group expects to deliver record underlying profit in 2021 after riding the automotive retail sector’s positive tailwinds of customer demand and appreciating used car values.
Motorpoint has revealed its plan to create an eight-acre used car preparation centre in Motherwell as part of its "ambitious" growth plans in Scotland – creating around a dozen new jobs.
JF & E Hadwin have submitted a planning application to convert an existing workshop building into a new Land Rover premium car dealership for the South Lakes area.
Cambria Automobiles could be trading as a private company by July 29 after a timeframe for the proposed management buy-out by chief executive Mark Lavery was decided this week.
Vertu Motors shareholders voted 32.4% against the remuneration and bonuses of the PLC’s leadership team in a show of dissent against the payments.
Vertu Motors PLC has upgraded its pre-tax profit forecast for 2020 to £28 to £30 million – above current market expectations.
Marshall Motor Group is issuing its 4,000 staff a one-off cash "loyalty" bonus and a backdated pay review after outperforming the market as it emerged from a COVID-hit 2020.
Dealers risk losing out on referrals from new customers who have discovered them online, according to consumer behaviour research from JudgeService.
Aston Martin is set to take a Swiss car dealer to court over allegations that it withheld customer payments for its flagship £2.5 million Valkyrie hypercar.
JCT600 has celebrated 75 years in business and estimates that it has sold more than one million vehicles since it was founded.
Cumbria sports car retailer Parker & Parker has completed the construction of its new £5 million Porsche Centre South Lakes dealership.
The TG Holdcroft car retail group completed its new headquarters and reported a 20.3% increase in pre-tax profits as COVID-19 pandemic caused car sales to falter in 2020.
Retirement home operator McCarthy Stone has renewed its appeal for car retail property as it looks to grow its existing portfolio of 1,300 retirement communities across the UK.
Vertu Motors has followed fellow AM100 car retail PLC Lookers in urging shareholders to stay away from their upcoming AGM after the stalled easing of COVID-19 lockdown measures.
Inchcape has revealed that its year-to-date financial performance has “exceeded expectations” in a brief trading update issued today (June 18).
