Bentley retailer Broughtons has sold its Birmingham site to the Sytner Group to finance a new site in the Thames Valley.
H.R. Owen Plc has acquired the Chelsea BMW and Mini franchises from the Sytner Group - the final stage in creating one of the largest BMW areas of responsibility in the UK.
Bus operator Arriva has sold the last of its 33 car retailing operations with the disposal of three remaining sites in the West Country to Sytner Group.
Sytner Group's new chairman Laurence Vaughan is looking for solid year-on-year growth from acquisitions after being given the go-ahead to invest more than £60m in facilities over the next 18 months.
Sytner Group has fought off competition from rival dealers to take control of the flagship Toyota World showroom in Birmingham. The dealership becomes Sytner's first Toyota outlet, although parent company United Auto Group has a strong relationship with the carmaker in the US. Sytner is likely to take on more Toyota territories.
UnitedAuto Group, the £4bn turnover US motor retailer, has agreed to pay £94.3m for Sytner Group, the UK's 18th biggest dealer business with annual sales topping £500m.
Sytner Group has renamed its Stonelake Land Rover dealership in Wakefield Guy Salmon, the name synonymous with the marque.
Sytner Group was today in talks with a company interested in making a take-over bid. The £532m turnover group is the UK's largest dealer group in terms of sales.
Sytner Group intends to rebrand its newly acquired Savernake Mercedes-Benz dealership in Newbury as Cruickshank Mercedes-Benz.
Leicester-based Sytner Group has reported a pre-tax profit rise of 29% for the first half of the financial year - and announced two acquisitions.
Sytner Group's pre-tax profits fell in its preliminary results for the 14 months to February 28. It made £8.1m compared with £8.5m in 1999 on turnover for the same period of £596.9m. The12-month figure was £521.9m, up from 1999's £405.4m.
Buyers of prestige cars are happy to use the web for research but prefer to talk to specialist staff about a potential purchase, said Sytner Group chief executive Laurence Vaughan.
The Sytner Group has reported a fall in pre-tax profits in its preliminary results for the 14 months to February 28, 2001.
Sytner Group today launches its customer relationship management initiative, a customer contact centre, known as SC3, comprising a new consumer website, a centre in Coventry to manage e-mail and telephone enquiries and a private intranet for Sytner dealerships.
Franchised car retailers need to start thinking about tailoring outlets to the needs of the immediate area, according to Sytner Group chief executive Laurence Vaughan.
Sytner Group opened an exclusive BMW Store yesterday in Cheapside, in the centre of London's City square mile.
Marshall Motor Group and the Sytner Group have announced acquisitions today.
With the sale of his Jaguar interests to Sytner Group, Clive Sutton is again representing only Chrysler Jeep. He talked to Tony Willard about his approach to relationships with carmakers.
TWR Jaguar, part of the Sytner Group, has appointed Alex Matschy as general sales manager at the Cumnor Hill, Oxford, dealership. The newly-created position is designed to strengthen TWR Jaguar's management team.
Laurence Vaughan, Sytner Group managing director, has said he aims to make Sytner “the best company in the industry to work for”.
