Lookers has celebrated the opening of its £12 million Jaguar Land Rover West London dealership.
Mark Squires, former chief executive of Benfield Motor Group, has been appointed chairman of the National Franchised Dealers Association.
The franchised dealer market has seen the highest level of acquisition activity for more than a decade in the last 12 months.
Steven Eagell Group has added Lexus to its portfolio following the acquisition of Lexus Hatfield from Lookers Motor Group.
Lookers has acquired West Midlands-based BMW Mini retailer Knights North West Limited group for £27.2m in cash.
Vantage Motor Group has seen its turnover rise above £200m for the first time as the business added five new sites 2015.
Lookers has announced turnover up by 33% to £2.34bn in a positive set of results for H1 2016 as it targets growth through targeted acquisition activities in the remainder of the year.
Lookers has entered into a conditional agreement to acquire seven-site Warwick Holdings, trading as Drayton Group, for £55.4m.
Lookers has entered into a conditional agreement to sell its parts business to Automotive Alliance for £120 million.
Lookers is sponsoring this year’s EuroPro Golf tournament as part of efforts to support young sporting talent in the UK.
Benfield has seen its turnover rise to £547 million and profits almost treble in the year it was acquired by Lookers in an £87 million deal.
Lookers Fleet Services has adopted epyx’s 1link Hire Network e-commerce platform to help enhance a range of essential daily rental processes.
Lookers is looking to grow its representation in Yorkshire as part of its plans to double the size of its business in the county.
Lookers has appointed as Andrew Stephenson group human resources and customer director.
Lookers opened a new Mercedes-Benz dealership in Tonbridge on Thursday.
Top 10 AM100 dealer group Lookers is predicting that the new car market may nudge the three-million mark around the end of the decade.
Lookers’ car dealerships sold more than 160,000 new and used cars in 2015 and increased the group’s revenues by £593 million.
Some of the UK’s leading dealer groups are uniting to improve the perception of the industry to women – and get more females working in senior positions in their businesses.
The workshop roof collapse at Milton Keynes Audi last June will lead to the dismantling of a partly-built Audi showroom in Sunderland.
Vertu Motors has acquired three Lookers Honda dealerships for approximately £2 million, including goodwill of £0.2m.
