Cambria Group has reported that it is 'maintaining momentum' following its success in the last financial year, with dealer acquisitions and rising sales bolstering its financial outlook.
BCA’s acquisition of SMA faces an in-depth merger inquiry unless it offers a solution to competition concerns in car auctions in Newcastle.
Top AM100 dealer group Pendragon has reported a pre-tax profit increase of 6.6% over Q3 in its latest interim update.
Lookers has reported continued improvements in all areas of its business during Q3 this year, boosted by a strong September.
New car registrations in the UK reached their highest-ever September total last month.
Car dealer group Cambria Automobiles expects its results for the year to August 31 to be ahead of expectations.
Top five AM100 group Lookers has acquired Benfield Motor Group and its 30 dealerships for £87.5 million in cash.
Vertu Motors reports that overall revenues from the five months trading to July 31 are up 5%.
BCA Marketplace vehicle transactions are up year-on-year and its board says the company is performing “well” and “in line” with its expectations.
Investment banking boutique Zeus Capital has appointed Mike Allen (pictured) as its head of research.
Car dealer Vertu Motors has this morning reported a 23% increase in turnover and profit before tax up 33% year-on-year for the 12 months to February 28.
Nearly half a million new cars were registered in the UK during the crucial March 2015 plate-change month.
