Vauxhall network chief Chris Roberts tells AM how the company aims to fulfil its absolute goal
Vertu Motors has seen a 16.6% increase in like-for-like new retail volumes in the first four months of 2013 and is expecting a positive result for the remainder of this year.
Vertu Motors is celebrating after three Bristol Street sites featured in Ford’s latest ‘top 40’ list of UK dealerships.
Three years after adding the Seat brand Vertu Motors has now gained its first Volkswagen franchises.
Robert Forrester, Vertu Motors chief executive, has been named as the winner of the Outstanding Achievement Award at this year’s North East Accountancy Awards.
Two Vertu Motors apprentices have been recognised for their hard work at the UXL Celebration of Achievement Awards.
Vertu Motors, run by Robert Forrester, has improved its operating profit by 31% compared to last year despite the costs involved in deliberately acquiring badly-performing businesses.
Vertu Motors is celebrating the improvements in its dealerships as adjusted profit from continuing operations rose 31% to £11m in the 12 months to the end of February.
Vertu Motors is acquiring the three Farnell Land Rover dealerships of Co-operative Motor Group in a £31m deal.
Vertu has sold its heavy truck businesses to Aquila in order to be an entirely car and LCV focussed business.
Reports coming out of the North West this week suggest that Vertu Motors has concluded a major refinance package with Barclays.
Vertu Motors’ Bristol Street Motors brand has created a marketing launch video for its Dacia franchise which asks shoppers to guess the price of the new Sandero hatchback.
Vertu Motors reports that its trading performance for the last year will be ahead of current market expectations, with its retail car sales outstripping the national market.
Vertu Motors has appointed Gary Ranson as its new general manager for its Macklin Motors Peugeot dealership in Paisley.
In a guest blog, Vertu Motors chief executive Robert Forrester suggests the way franchised dealers have upped their game could help the High Street avoid further collapses.
In 2006, Vertu Motors was started by Robert Forrester with the aim to acquire and consolidate motor retail companies. Today, those aims remain unchanged and its managing director sees no reason to stop growing the company and the brands it represents, with the Germans firmly in the expansion plan.
Vertu Motors has acquired another business to its network of dealerships after buying a Vauxhall dealership in Keighley.
Vertu Motors has acquired Dobies, which has a Vauxhall and Seat site in Carlisle, for an estimated consideration of £4.3 million.
Vertu Motors has acquired the business and certain assets of the Vauxhall dealership in Harrogate, Yorkshire of Nidd Vale Motors Limited, which is in administration for £0.8 million. No goodwill has been paid.
Vertu Motors has bought more Honda dealerships to become the brand's biggest UK retail partner.
