Peoples Ford chairman Brian Gilda has attributed a record set of annual financial results to a ‘tsunami of perfect performance’ following 2020’s first COVID-19 lockdown.
The Society of Motor Manufacturers and Traders (SMMT) has re-launched its £100,000 fund to help Covid-hit automotive businesses protect apprenticeship jobs.
Marshall Motor Group chief executive Daksh Gupta was described as a “caged tiger” after COVID-19 isolation kept him locked away ahead of completion of today’s Motorline acquisition.
Nissan dealers will be in a good place to capitalise on the UK car market’s electrification, but they will need to raise their game, according to Nissan GB managing director Andrew Humberstone.
Harwoods Group has reported a £2.57m pre-tax profit for 2020 despite suffering a 41% decline due to the impact of the COVID-19 pandemic on the car retail sector.
Peter Vardy Group delivered a 47.8% increase in profit before tax in a COVID-19 impacted 2020, despite a group-wide focus on “giving back” during the financial period.
Eastern Western Motor Group has reported a near-33% rise in pre-tax profits in a set of 2020 annual financial results which lay bare the impact of the COVID-19 pandemic on its trading activity.
Car retailers across the UK are recruiting staff after surviving the the COVID-19 lockdown of dealerships thanks to assistance from the Government’s Coronavirus Job Retention Scheme (CJRS).
The UK’s car manufacturing sector suffered a 27% year-on-year decline in vehicle production during August as the impact of the global semiconductor microchip shortage began to bite.
A motivated team working dynamically to meet its goals to exceed the expectations of its customers and managers secured the AM Awards 2021’s Best Sales Team award for Marshall Mercedes-Benz of Southampton.
Arnold Clark chief executive Eddie Hawthorne has praised the “passion and grit” of employees at Scottish car retail group after its 2020 annual financial results showed a pre-tax profit of £156.5 million.
Donnelly Group returned to profit in 2020 after delivering £7.2 million of annualised structural cost savings during the COVID-hit year in car retail.
Tributes have been paid to “old school gentleman” Mark Smith after the Just Motor Group local business manager lost his battle with COVID-19.
Marshall Motor Group’s Mercedes-Benz Southampton dealership impressed AM Awards 2021 judges after its workforce improved its performance despite the challenges posed by COVID-19.
Motorline has revealed that Government furlough support and the sale of properties contributed to a 118% rise on pre-tax profits during a COVID-impacted 2020.
Inchcape UK has revealed that it claimed no Government COVID-19 support in 2021 after taking the decision to repay £7.4 million in Government furlough and rates relief support for H2 2020.
The Society of Motor Manufacturers and Traders (SMMT) has highlighted UK car makers’ 11.8% reduction in fleet carbon emissions in its latest Sustainability Report.
Lexus UK has cemented its position as UK car retailer’s favourite franchise in the National Franchised Dealers Association’s (NFDA) latest dealer attitude survey.
Cox Automotive has warned that car dealers across the UK will have to compromise on their usual stock demands in order to fill their forecourts in a sector now “starved of stock”.
UK car manufacturing output fell by 37.6% in July, the first fall since February with just 53,438 units made, according to the latest figures by the SMMT.
