Independent retailer Motorpoint plans to open its 21st retail store in Norwich by the end of the year, furthering the brand’s expansion in East Anglia.
Used car supermarket group Big Motoring World is consolidating its two dealerships in Peterborough, Cambridgeshire, into one site to gain efficiencies.
Big Motoring World has acquired three sites from CarShop, the used car supermarket division of Sytner Group.
Arnold Clark has opened a Motorstore used car supermarket in Chertsey on a former Cazoo site with over 300 cars on show and ready to test-drive.
Used car supermarket Motorpoint saw pre-tax losses grow to £10.4 million from £300,000 last time, with sales slumping by a quarter to £1.09 billion.
Founder and owner of Big Motoring World, Peter Waddell, has been removed from its list of directors at Companies House
Motorpoint Group has seen an improvement in performance for Q4 2023 and in Q1 following what it described as "difficult conditions" last year.
The UK’s largest independent vehicle retailer Motorpoint Group expects 2024 profits to fall up to £6 million short following a significant drop in used prices.
Cash-strapped online car retailer Cazoo Group must urgently secure additional capital before the second half of 2024 if it is to keep afloat.
Inchcape has drastically cut its exposure to used cars by taking the strategic decision to shutter eight of its 17 supermarket sites in the UK
Online marketplace Carwow is moving to a ‘round the clock’ bidding model, giving dealers earlier bidding access to carwow’s used-car auctions.
Big Motoring World is expected to break £1bn turnover following its recent growth and latest acquisitions of two Available Car locations for an undisclosed sum.
Peter Vardy is preparing to close two of its purpose-built large car supermarkets in Dundee and Glasgow as a result of challenges in the used car market.
Stellantis-owned Aramis Group has bucked the trend for used car refurbishing centre closure with the opening of a new 15,000 square metre facility in Hull.
Pendragon is preparing to launch a fresh used car proposition under the brand ZenCar by the end of this year.
Sytner Group’s CarShop used car division has furthered its aim to deliver an omnichannel sales process with the launch of its new CarShop Express store in Leicester.
CarShop, has been named as one of Glassdoor’s Top 50 Best Places to Work in 2021, ranking at number 35.
The Trade Centre Group has started work to create its seventh used car supermarket site from a former B&Q and Homebase DIY superstore in Rotherham, South Yorkshire.
Manheim Auction Services has announced a new two-year contract with online used-car dealership, Carzam.
The Sytner Group has completed the latest expansion of its CarShop used car supermarket division with the opening of its largest retail site to date – a “multi-million pound” facility in Nottingham.
