AM100 car dealer group Lookers has announced that chief executive Andy Bruce and chief operating officer Nigel McMinn are leaving at the end of this year.
The AM Award 2017 for business leader of the year went to Andy Bruce, chief executive, Lookers.
Former Nissan vice president of global sales Allan Rushforth has joined AM100 dealer group Lookers as managing director, as Nigel McMinn has been promoted.
Top 10 AM100 dealer group Lookers is predicting that the new car market may nudge the three-million mark around the end of the decade.
The re-naming of Benfield, the North East dealer group, bought by Lookers in September 2015 has started.
Lookers has reported continued improvements in all areas of its business during Q3 this year, boosted by a strong September.
Top five AM100 group Lookers has acquired Benfield Motor Group and its 30 dealerships for £87.5 million in cash.
Car dealer Lookers, number four in the AM100, has reported the seventh successive year of profit improvement in the six months to June 30, 2015.
National car dealer group Lookers welcomed Audi UK director Andre Konsbruck to open its new £3.5 million 6.5 acre used Audi car dealership in Hamilton, Glasgow.
The collision between manufacturer aspirations and dealer margins and cost pressures and its “horrific” effect on used car values and renewal business is highlighted in an AM video.