Auto Trader is making preparations to move its Manchester headquarters into a new 80,000 square foot office facility which gained approval from city planners earlier this year.
As the post COVID-19 lockdown period places ever more demand on automotive retail businesses being lean and efficient, Alun Oliver, managing director of E³ Consulting, explains why now might be the time for a thorough property tax review.
Car dealers are being urged to ensure they have maximised available capital allowances resulting from infrastructure investments in a bid to leverage vital tax relief.
SsangYong Motors UK has confirmed plans to move into a new headquarters offering “capacity to operate its national next day parts supply service to its franchised dealers”.
Bristol Street Motors’ Chingford Vauxhall dealership has been denied planning permission to resurface an area of green belt land for vehicle storage after making use of the land ‘illegally’ for nine years.
Disused or unwanted automotive sites are being targeted for the development of 60 or more retirement communities across the UK in an ambitious £100 million land acquisition drive.
Car dealerships in England were allowed to reopen on June 1 as the Government eased its lockdown, but ‘business as usual’ may be a long way off, reports Debbie Kirlew
Dealerships used their lockdown time to examine new ways of working
Mylchreest Motors, which represents Jaguar Land Rover, Subaru, Mitsubishi and Vauxhall on the Isle of Man, has consolidated its operations into one property.
The UK Government is on the hunt for a sprawling industrial site to accommodate a Tesla electric vehicle (EV) “Gigafactory”, according to reports this week.
Pendragon has completed a £10.5 million “sale and leaseback” deal for its Porsche Centre car dealership site in Stockport.
Penton Motor Group has said that it will commence plans to develop a £2.5 million “retail hub” when coronavirus lockdown measures are eased.
The former Mayfair Jaguar Land Rover car dealership which supplied cars to the Queen and Prince Charles is set to be transformed into a £10 million luxury housing development.
Premier Car Supermarket looks poised to expand into Kettering after completing the acquisition of a 3.55-acre site giving its “access to thousands, if not millions of potential customers”.
MHA MacIntyre Hudson is set to host a free webinar to offer guidance and support to car retailers who are battling to make their businesses resilient during the COVID-19 coronavirus lock-down period.
Property developer Northumberland Estates is looking for car dealers to fill two remaining showroom vacancies on its Vroom retail park on the outskirts of Newcastle.
Car showrooms have been included in the list of businesses which will be exempt from business rates during 2020/21 – regardless of their taxable value.
Car dealers should open negotiations over potential rent arrears now as the COVID-19 coronavrius threatens to harm cashflow in the coming weeks and months.
Plan have been approved for a standalone service centre in Aberdeen for an unnamed global car manufacturer with electric cars in its range.
Robins & Day has opened the doors at its new Peugeot dealership in Maidstone after making the move from its “landmark” grade II listed facility nearby.
