The car market collapse, warranty hysteria and supply issues after Japan’s tsunami were a triple whammy for RRG Group in the North West of England. Yet it made it through intact, and bounced back fast. Now its Japanese owners have given its management clear instructions: acquire, expand and spread the risk.
Vertu Motors’ year end results, published today, reveal turnover up year-on-year 8.9% and above the one billion mark for the first time, at £1.09 billion (2011: £999m).
Jemca raises its Toyota profile with £11m Enfield investment.
The attraction of the older model: Bentley and Vauxhall make biggest inroads as dealers look to older models to replenish their forecourt displays.
Each quarter AM surveys dealers in its High Performance Indicators survey on the state of the market and their confidence in areas such as sales, profitability, manufacturer relations and consumer demand. The survey includes telephone interviews with a number of dealers. Their views are expressed here.
Grants Seat's line managers are shielded from administration to concentrate on customers.
Richard Sanders Group is a motor retailer which was borne of an opportunity. Other opportunities have allowed it to grow into a strong regional brand with multiple franchises.
Arnold Clark Automobiles sells more used cars than any other retailer, consistently posting return on sales of around 3%.
James Alpe plays the diversification game, effectively comprising of seven separate businesses, it can turn its hand to almost anything.
