Nissan Halifax’s Jamie Priestley has been awarded Vertu Motors’ general manager of the year award for 2021.
Vertu Motors has deployed some of its “M&A firepower” to complete the £9.2 million acquisition of two-site Toyota franchised car retailer Farmer and Carlisle.
The doors have officially opened to customers at Marshall Motor Group’s “monster” £12 million Toyota and Lexus dealership in Bristol.
Marshall Motor Group’s board has highlighted the “responsibilities of ownership of MMH” in a statement recommending the acceptance of Constellation Automotive’ s £201.6 million takeover offer.
Vertu Motors become the ‘Official Car Retailer’ League One football team Sunderland AFC for the remainder of the current season.
Pendragon has increased its profit expectations for 2021 by a further 14.3% after continued car buyer demand powered it to another profit upgrade.
Constellation Automotive’s £201.6 million offer for a 64.4% controlling stake in Marshall Motor Group has been described as a “done deal” after an ‘undertaking to accept’ was published via the London Stock Exchange.
Caffyns has revealed turnover up by 29.8% and a 62.3% rise in profit before tax in published results for the first half of its financial year.
Vertu Motors has appointed Darren Binge as head of business and Stuart Porter as service manager at its Harrogate Volkswagen dealership.
Inchcape chief executive James Brearley will leave his post at the end of this year to “to take up a new challenge”, a statement from the AM100 car retail PLC has revealed.
Macklin Motors has been announced as an official club partner of Heart of Midlothian Football Club.
Vertu Motors has created 15 new jobs with the opening of a new Bristol Street Motors Renault and Dacia dealership in York’s former Jaguar showroom.
Inchcape Retail suffered a near tenfold year-on-year decline in profitability as it revealed a £76.4m pre-tax loss in annual financial results for its COVID-19 impacted 2020 trading period.
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.
Pendragon has appointed former DFS chief executive Ian Filby as non-executive chairman as it sets out to deliver on its new, digitally-driven strategic priorities.
Vertu Motors has highlighted further growth potential through an “increasingly visible acquisition pipeline” after delivering a record £51.8 million adjusted pre-tax profit in H1 2021.
Cambria Automobiles return into private ownership has been officially approved at the car retail group’s annual general meeting.
This year’s AM Hall of Fame inductee, Professor Richard Parry-Jones CBE, has had a huge impact on the automotive industry.
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.
Following decisive decisions which benefitted workforce welfare and the sector’s reputation during its most challenging period outside war-time, Marshall Motor Group chief executive Daksh Gupta is AM’s Business Leader of the Year.
