A used car dealership’s sales manager claimed he stole up to £30,000 from his employer to “make ends meet” after his family expanded with the arrival of quadruplets.
The Motorpoint used car supermarket group has revealed turnover growth of 57% and pre-tax profits up 30% in a trading update for the first half of 2021.
Big Motoring World has kick-started an growth plans with the acquisition of Peterborough-based used car supermarket group SW Car Supermarket.
Motorpoint has said that a “heavyweight media campaign”, customer prizes and gift giveaways are set to drive footfall into its new Manchester used car supermarket.
Technical issues arising after a platform update left car dealers reliant on Auto Trader Market Insight view of their advertisements’ performance in the dark for more than two days.
A £1.7 million funding package from Santander UK has allowed The Car Sales Company Bury to open a new showroom and boost its workforce with the addition of 20 new staff.
Constellation Automotive’s cinch online car retail platform has strongly denied “far-fetched” rumours that it is lining up an approach to acquire used car supermarket giant Motorpoint.
The founder of former used car buying business Sell Your Car With Us has been banned from holding a directorship for nine years after conning 48 customers out of over £750,000.
A car thief has been jailed after colliding a BMW into a motorcyclist then threatening to “shank” a car salesman as he stole a Range Rover during two test drive incidents in the space of an hour.
Carzam has appointed CarShop’s Dave Palmer as its new chief vehicle preparation officer as it aims to deliver the “highest quality of vehicles” to online used car buyers.
Motorpoint and Peter Vardy's recently expanded Carz used car division have both launched new TV advertising campaigns focussing on the ease of their omnichannel car retail offering.
The competency of PwC’s audits of classic and racing car dealer JD Classics may be questioned in the High Court as administrators from Alvarez & Marsal sue the accountancy firm for failing to spot fraud.
Motorpoint has revealed that it sold 61% of its used car volume online in Q1 as it accelerated its ecommerce retail offering to deliver a record start to 2021.
A vandal who slashed 100 tyres on a used car dealer’s forecourt has received a suspended jail sentence after admitting to the planned “revenge attack”.
A prestige used car dealers has told AM how a high-speed police car chase ended in a vehicle colliding with a row of forecourt display car – causing £270,000 worth of damage.
Motorpoint will redevelop an LSH Auto UK Mercedes-Benz dealership near to Manchester City’s Etihad football stadium to expand its used car supermarket network into Manchester.
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.
The Motorpoint used car supermarket PLC aims to almost treble its revenues to £2 billion with a new “medium term” business strategy laid out in its 2020 annual financial results.
A used car salesman has been ordered to complete 250 hours of unpaid work after claiming ‘ill health’ had prevented him from keeping company records - when he had deliberately disposed of them.
CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) at as its targets “profitable growth” – including dealership acquisitions.
