Big Motoring World has acquired three sites from CarShop, the used car supermarket division of Sytner Group.
Sytner will rebrand its CarShop businesses, close one location and is in discussions to sell some other sites as part of a major strategic review.
In the latest AM News Show podcast, CarShop chief executive Nigel Hurley and IMI president professor Jim Saker talk about used cars, Chinese imports, and workplace culture.
Sytner Group and CarShop owner Penske Automotive has reported a record set of annual financial results in which revenues rose 9% and pre-tax profits swelled by 16%.
Inchcape has grown its bravoauto used car supermarket division with the opening of a new store in Sytner’s former Volkswagen and CarShop Express dealership in Halifax.
Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).
The used car market has been enjoying stellar growth over the past two years as demand has outstripped supply; there has been a lack of new vehicle availability and more buyers are willing to pay a premium.
Sytner Group and Car Shop owner Penske Automotive has revealed “all-time record quarterly results” in Q1 2022 in a trading update from the car retail giant.
Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.
Sytner Group’s CarShop used car division is celebrating the “astounding success” of its first Express Store concept retail site in Leicester.
Carzam has expanded its senior leadership team with the addition of Laura Chapman as the company’s first chief people officer.
Rising cases of the Omicron variant of COVID-19 are exposing anti-vaxxers as the car retail sector’s biggest business disruptor, it has been claimed.
Motor retail executives from CarShop, Humphries And Parks, Available Car and eDynamix will discuss methods of improving stock turn at this afternoon's AM webinar.
Marshall Motor Holdings chief executive Daksh Gupta has called for OEMs to accelerate cuts to their franchised networks as part of efforts to solve the retail sector’s staffing crisis.
Sytner Group’s CarShop used car supermarket division has launched a recruitment drive to find vehicle technicians, MOT testers, body shop technicians, SMART repairers and painters.
Sytner Group’s CarShop used car supermarket division has opened a new retail site near Halifax, taking its number of Yorkshire retail sites to four.
Sytner Group has revealed a 39.8% rise in pre-tax profits despite COVID-19 enforced showroom closures during its 2020 financial year.
Sytner Group's CarShop used car division will open its second Express store in Leighton Buzzard following the successful launch of the first site in Leicester earlier this year.
Former CarShop chief executive and Sytner Group board member Jonathan Dunkley has been appointed as senior strategic advisor at online car retailer Cazoo.
In the wake of a COVID-prompted shift in the way car retailers engage with their customers a panel of experts are set to debate consumer enquiry best practice in an AM webinar tomorrow.
