Motorpoint is set to double its used car supermarket footprint in Scotland with the opening of a new location in Edinburgh.
Used car dealer group Motorpoint has more than doubled its profits year-on-year, bringing them back to levels last seen before the pandemic.
Inchcape has expanded its used car retail division with the opening of new stores in Stoke-on-Trent and Guildford.
The Trade Centre Group has expanded into a seventh used car supermarket site after delivering record profitability in its 2021 annual financial results.
Expanding used car supermarket group Big Motoring World has appointed former Styner Group chief executive and chaoirman Laurence Vaughan as its new executive chairman.
With retailers operating in an increasingly challenging used car environment where stock is in short supply and prices are continually adjusting, it has become even more imperative to price used vehicles correctly to both maximise margins and maintain stock turn.
Available Car has appointed former Renault Retail Group regional operations director Craig Heathershaw as its new chief operating officer.
The 2022 AM Awards winner of Online Consumer Experience of the Year – Independent Dealer – is the used car supermarket group Fords of Winsford, now known as FOW. Frosts Cars was highly commended.
The Trade Centre Group has been announced as title sponsor of the Formula Woman GT Cup team.
Big Motoring World has opened its new 3.5 acre, 450-vehicle Peterborough Fengate store – expanding its footprint to five used car outlets.
Motorpoint has expanded to 17 used car retail locations with the opening of a new, 1.5 acre, 120-vehicle dealership in Portsmouth.
Motorpoint chief executive Mark Carpenter has said the £5 million sale of the used car supermarket group’s Stockton site will provide the business with “further firepower” for growth.
Used car supermarket Big Motoring World aims to expand rapidly across the UK after growth investor Freshstream acquired an undisclosed stake in the business from owners Peter Waddell and John Bailey.
Norton Way has reimagined its used car retail model with the launch of its new Carverse dealership in Knebworth.
Motorpoint's retail footprint has expanded to 16 used car retail locations with the opening of a new two-acre, 120-vehicle dealership in Maidstone.
Used car supermarkets cut the price of their cars to trigger a 0.3% month-on-month decline in vehicle values on eBay Motors Group marketing portals during February.
Simon Proudler has been promoted to chief financial officer at Available Car after eight years with the independent, family-owned used car retailer.
Used car supermarket group Big Motoring World has underlined its “big” UK-wide expansion plan with the launch of a new brand identity and website.
Ford of Winsford remains “open for business” after firefighters rushed to extinguish a blaze in the workshop of its used car supermarket site.
Sytner Group’s CarShop used car division is celebrating the “astounding success” of its first Express Store concept retail site in Leicester.
