Car dealer news - Page 89
Cambria Automobiles sets out roadmap for car retail's COVID-19 recovery
Cambria Automobiles has set out its roadmap to car retail recovery in a trading updated for a six-month period which saw the majority of its dealerships closed for more than 100 days due to COVID-19 restrictions.
Waylands Automotive financial results reveal 150% profit growth in COVID-hit 2020
Waylands Automotive ensured that the COVID-19 pandemic was no barrier to ongoing growth as it delivered a 4% increase in revenues and 150% rise in pre-tax profits from its network of Volvo dealerships.
Rainworth secures Hyundai and Isuzu acquisition thanks to AM cover story
Rainworth Motor Group doubled its franchised car retail footprint with a Hyundai and Isuzu dealership acquisition after its directors went from the AM cover to expansion talks in the space of three days.
Polestar Spaces to open in Birmingham and Glasgow as EV brand forecasts 'big, big growth'
Polestar’s UK chief executive has told AM that the brand will expand its physical footprint with the opening of new Polestar Space facilities in Birmingham and Glasgow by the end of the year.
UK car retail shows ‘relative resilience’ as distribution drives growth for Inchcape
Inchcape’s UK car dealership operation showed “relative resilience” in a COVID-impacted ‘Lockdown 3’ as the PLC’s distribution business offset revenue losses from retail, the PLC has reported.