Stoneacre made it three new acquisitions since the start of 2018 with its move for Platts Garage’s multi-franchise site in Stafford.
Stoneacre Motor Group has followed-up its January acquisition of Nottingham’s Chris Variava dealership complex with the completion of a deal to secure Burrows Motor Group’s Hyundai and Fiat franchises in Sheffield.
Stoneacre Motor Group is once again on the “acquisition trail” after securing the whole of Nottingham-based Chris Variava car dealership operation for an undisclosed sum.
Stoneacre Motor Group has reported that there is “ample opportunity for growth” after group turnover rose by 28.5% and pre-tax profits by 29.5% during its 2017 financial year.
Stoneacre Financial Services (SFS) is preparing to buck the interest rate trend to make car finance more attainable for non-prime customers.
The Stoneacre Motor Group has celebrated the graduation of a further 48 aspiring automotive operators from its Ofsted-accredited Acasdemy.
While training and development form a vital part of modern motor retail operations, the sector still suffers from a poor perception among job-seekers and struggles to attract high-calibre applicants.
Shaun Foweather believes his group’s training academy will help it to £1bn turnover by 2020, as well as provide a future managing director.
Stoneacre claims to have become “UK’s first connected used car dealer” after partnering with the Smartdriverclub to offer customers a connected car service.
Stoneacre’s profits fell in 2015, while the Doncaster-based dealer group’s revenue increased.
Aston Martin’s DB11 took centre stage at the opening of Stoneacre’s new 1,950 square metre showroom in Newcastle.
Aston Martin is set to expand its presence into the North East with the opening of a purpose-built Newcastle showroom.
Stoneacre has introduced extended hours to continue conversations with customers on the phone and through live chat until 10pm.
Stoneacre has taken over Huntson Holdings, which trades as Autoworld Abarth, Alfa Romeo, Citroen, Fiat, Hyundai, Suzuki, Seat and Volvo in Chesterfield.
Stoneacre Motor Group has begun the roll-out of automotive sales software enquiryMAX.
Car dealer Stoneacre Motor Group has revealed it has written £1.6 million worth of finance through its lending arm.
Stoneacre Motor Group has acquired Staffordshire-based dealer Randle Motor Group, gaining two Peugeot sites and a Suzuki dealership.
Stoneacre Motor Group has added a new line to its business with the launch of prestige car website Stoneacre Specialist.
Dealer group Stoneacre has built a new dedicated website and rebranded its sub prime vehicle finance business, ClearwayCarFinance.
Stoneacre Motor Group has added a third Mazda dealership, with a brand new showroom in Hull.
