Vertu Motors sold more than 95,000 new and used vehicles in the six months to August 31 2023 - an 11% uplift.
Greater choice in terms of new electric vehicles (EV) entering the marketplace is forcing carmakers to cut prices and offer cheaper finance, according to industry heavyweight Vertu Motors.
Vertu’s Bristol Street Motors has opened its latest Motornation used car dealership in Tamworth, following an investment of over £200,000.
Vertu Motors' Internet Sales Team will be participating in a 177 mile Coast and Castles bike ride in aid of Macmillan Cancer Support.
Vertu Motors has seen trading profits increase in the three-month period to May 31 this year due to its acquisition of Helston Garages at the end of last year.
Vertu chief executive Robert Forrester has said that it’s not in the interest of car manufacturers to “put a bomb under the sector” with the move to new agency models.
Vertu Motors’ continued strategy to scale the group has delivered £4bn in revenues for the first time as the business reported better than expected profits.
Vertu Motors is rolling out new digital self-service technology for new check-in and check-out solutions across its aftersales departments throughout its network.
Vertu Motors has invested £375,000 to create a new Parts Plus aftermarket business for its Bristol Street Motors operation in Croydon.
Vertu Lease Cars, part of AM100 motor retailer Vertu Motors, has been sold to UK Carline for an undisclosed sum.
Vertu Motors has struck a sponsorship deal with Wembley-bound Plymouth Argyle Football Club as part of efforts to grow its profile on the South Coast.
Vertu Motors has asserted that ‘scale is a key success factor’ in automotive retail in a five-month trading update detailing its rapid expansion the addition of new dealership operations across the UK.
Vertu Motors has acknowledged colleagues who have performed ‘exceptionally well’ and delivered high levels of leadership throughout the year.
Vertu Motors has agreed a partnership with Somerset Country Cricket Club and Macklin Motors backs Ronan Pearson for EXCELR8 Motorsport.
Vertu Motors looks poised to expand its car retail footprint in Scotland with the development of a new-build Macklin Motors Toyota dealership in Ayr.
Vertu Motors' Ascot Mercedes-Benz showroom has undergone refurbishment as part of a £711,000 investment in the dealership.
Constellation Automotive owner TDR Capital has extended its presence in the car retail sector with the purchase of a 3.1% share in Vertu Motors.
Drive Motor Retail, Vertu Motors and Swansway Group are among car retailers across the UK that have started 2023 with new additions to their management teams.
Lithia Motors’ Jardine Motor Group takeover talks have highlighted the undervaluation of UK car retail businesses, analysts have claimed.
Counselling has been offered to staff at Vertu Motors’ Jaguar Land Rover (JLR) Leeds after a woman and a child were killed in road traffic incident described by police as “absolutely tragic”.
