Roy Rodgers has retired after 50 years in motor retail.
Vertu Motors will open its first premium brand car dealership in 2013.
Vertu Motors has seen pre-tax profits increase by 26.8% to £5.1 million in its interim results for the six months ended August 31, 2012.
Vertu Motors chief executive Robert Forrester highlighted the importance of the automotive retail industry ahead of the September plate change and spoke of how well the industry was performing under pressure as dealerships innovate.
The highly acclaimed Dale Carnegie Training Leadership Award, which recognises outstanding leadership and innovation in the field of human resources and training, has been presented to the head of a UK franchised dealer group.
Vertu Motors has acquired the trade and assets of three motor retail locations from Co-op Motors for an estimated £5.5m, of which £3.9m is to be deferred over three years with the balance being settled in cash from the group's existing resources.
Vertu Motors recent acquisitions are delivering profit to the acquisitive group.
The Co-Operative Motor Group has confirmed it is looking to reduce its network of 11 down to six locations.
Vertu Motors' Bristol Street Motors has been named the winner of this year’s best dealer group at the national Motability supplier awards.
Robert Forrester, Vertu Motors chief executive, has highlighted the importance of the motor retail industry to the UK ahead of the plate-change which starts on Saturday.
Several dealer groups have snapped up new sites ahead of the September plate-change and as the 2013 block exemption deadline looms.
North East Ford retailer Holiways has gone into administration.
Vertu Motors has added its sixth dealership with the Honda franchise.
At its Annual General Meeting (AGM) on 24 July, Vertu Motors outlined impressive growth in profits during the four-month period to 30 June 2012.
Vertu has opened its Bristol Street Motors Vauxhall brand centre in Chingford and has taken on 26 additional staff to operate the showroom.
Vertu Motors saw revenue push past £1 billion for the first time and operating profits increase in its financial results for the year ended February 29, 2012.
Vertu Motors’ year end results, published today, reveal turnover up year-on-year 8.9% and above the one billion mark for the first time, at £1.09 billion (2011: £999m).
Vertu Motors has issued a trading statement as the car dealer closes its financial year today which highlighted its passing of the £1bn revenue mark for the first time.
Clean data key to good marketing: Customer database is a vital tool as dealers look to improve aftersales profits.
'Ill wind' boost for F&I: Credit crunch has resulted in a big increase in the demand for dealer finance.
