Pendragon chief executive Trevor Finn has reiterated the group’s intention to double used car revenue by 2021 after its H1 financial results revealed a 5.8% fall in new car sales revenues.
Rolls-Royce has revealed new details and images of its range topping eighth-generation Phantom.
Most of the UK’s listed dealer groups plan to increase used car revenues, prestige representation or operational efficiency.
Champagne flowed as the biggest names in the franchised car retail sector celebrated the fruits of a record year of sales at the 2017 AM100 dinner.
Stratstone is poised to bring Rolls Royce Motor Cars to Leeds with the creation of the luxury car manufacturer’s first Yorkshire franchise.
Pendragon has opened a Car Store used car centre in Coventry.
Pendragon has reported “a strong start” to 2017, with growth in aftersales and used.
The contract to build a new Pendragon Jaguar Land Rover dealership in Cardiff has been awarded.
Pendragon has signed a data deal with Cap HPI.
Pendragon chief executive Trevor Finn has been awarded a further 2.4 million shares in the business under the Company’s Long Term Incentive Plan.
Evans Halshaw is preparing to develop a car supermarket at Shrewsbury’s Battlefield Enterprise Park as part of plans that will create 50 new jobs.
Pendragon has continued to expand its Evans Halshaw Car Store network with the opening of a new facility at Barnwood Point in Gloucester.
Pendragon has set out a plan to double its used car revenues in 2017 after new car turnover declined 1.4% in 2016 – despite a 1.9% overall rise in revenue to £4.54 billion.
Stratstone has reopened its Aston Martin Wilmslow showroom following a refurbishment of the site.
A Porsche dealership had four demonstrator cars damaged by a screwdriver-wielding vandal who immediately handed himself in to police following the attack.
Pendragon has launched what it calls an “intense” vehicle technician recruitment drive, focused on recruiting 300 technicians before the end of 2016.
Evans Halshaw has acquired the Hyundai dealership in Newcastle upon Tyne from Lookers.
Strategic focus on used car sales helped Pendragon grow its like-for-like revenues by 5.7% in Q3.
Hilary Sykes is stepping down from the board of Pendragon.
The Stratstone Land Rover Houghton-Le-Spring service centre now sells new and used vehicles.
