Accountancy group UHY Hacker Young claims that the post-Brexit rise in the cost of cars may have started, with lease prices up 8% in the space of just two months.
Lookers has entered into a conditional agreement to acquire seven-site Warwick Holdings, trading as Drayton Group, for £55.4m.
Accountancy group UHY Hacker Young has blamed pressure from manufacturers for a 46% increase in car dealer stock over the last five years.
The head of UHY Hacker Young’s National Automotive Group has been recognised in the Accountancy Age 2016 ‘35 under 35’ list.
Richard Neulaender and John Walsh, formerly of Colborne Garages, have returned to the industry with the acquisition of Heritage Automotive Limited.
The Rybrook Group will represent Jaguar and Land Rover in Huddersfield and Land Rover in Halifax after acquiring the businesses from Perrys yesterday.
Group 1 Automotive has this afternoon announced the acquisition of Spire Automotive.
UHY Hacker Young has expanded its automotive team further with addition of Paul Dobson into its management team.
Eden Motor Group has announced the acquisition of Wokingham Motors Limited for an undisclosed sum.
Having consulted with a number of regional and national automotive retail groups over the last 12 months, the overwhelming feedback we are receiving is that whilst their finance teams believe they have implemented and are operating HMRC’s car averaging rules correctly, they are at best uncertain.
UHY Hacker Young's automotive team has expanded with the appointment of Richard Higham as its corporate finance director.
Perrys Motor Sales has acquired GK Group Ltd for an undisclosed sum.
Arrow Hyundai businesses in Bridgend and Swansea have been sold to Hutchings Motor Group for an undisclosed sum.
Vertu Motors has bought more Jaguar and Land Rover car dealerships in the north of England from Pendragon and Jardine Motors.
Budget 2015 highlights, 50 days from the general election.
