Lookers chief executive Mark Raban claims to be a numbers man, who likes “to stick with my knitting”, but he is poised to “try something different” with the AM100 group's newly-mapped growth strategy.
Vertu Motors has launched a recruitment drive to attract staff to four new Toyota franchised car dealerships after taking over the brand’s West of Scotland territory from Arnold Clark.
Lookers is close to completing a £3 million major redevelopment of its Volkswagen Teeside dealership in a move that will bring car and van sales together at a single site.
Motorpoint's retail footprint has expanded to 16 used car retail locations with the opening of a new two-acre, 120-vehicle dealership in Maidstone.
Bristol Street Motors has launched its own W Series race team and has increased its support for the W Series' Excelr8 Motorsport team.
Vertu Motors has revealed that its 2022 pre-tax profits will have risen by more than 200% in 2022 as it forecast a year-end total of “not less than £75 million” in a trading update issued this morning.
Inchcape PLC’s global footprint will mitigate the impact of a £750 million exposure to the Russian automotive sector, analysts have said.
Automotive distribution and car retail PLC Inchcape has reported a 12% rise in turnover and 131% in pre-tax profits in its 2021 annual financial results.
Inchcape UK has followed the launch of its new bravoauto used car retail division with a group-wide rebrand which has redefined its car buyer offering.
Lookers chief executive Mark Raban has told AM that his group is poised to “try something different” following its history of growth through acquisition.
Cinch, BCA and Webuyanycar owner Constellation Group has followed up its move to acquire Marshall Motor Holdings with the purchase of a 19.9% stake in Lookers.
Inchcape has appointed De Beers chief financial officer and former Rolls-Royce Holdings deputy CFO Sarah Kuijlaars as a non-executive director
Motorpoint has begun the process of recruiting 30 new employees ahead of the opening of its new 120-car retail site in Maidstone.
Pendragon will re-launch its CarStore division with a new hybrid sales process designed to remove the “restrictive” process of traditional retail and new online rivals, chief executive Bill Berman has told AM.
Macklin Motors and Bristol Street Motors have struck high-profile sponsorpship deals with the Glasgow Rocks basketball team and a virtual W Series car racing team.
Lookers chief executive Mark Raban has revealed that car retail PLC expects to publish record annual profits after an “exceptional” 2021 trading performance.
Vertu Motors has recruited Auto Trader franchise brand director Chris Penny as its new group strategic projects director.
Vertu Motors has acquired a site for a new Bristol Street Motors MotorNation used car dealership business in Stockton, Teeside.
Lookers has boosted its fleet of vehicle delivery and collection vans alongside the launch of a new ‘click and sell’ online used car buying platform aimed at sourcing used car stock from private sellers.
Vertu Motors chief executive Robert Forrester has paid tribute to fellow founder director William Teasdale after he dies following a short illness.
