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BMW UK chief executive Graeme Grieve to retire at end of June

BMW UK chief executive Graeme Grieve is set to retire from the role he has occupied for more than six years at the end of this month, AM can reveal.

Used car market trends, Inchcape interview and more: New AM magazine

The July Issue of AM magazine is here, with insights into Inchcape UK's downsizing, the "unprecedented" used car market, the impact of FCA revisions on dealers' point of sale finance, and more.

Inchcape performance and profitability continues to ‘exceed expectations’

Inchcape has revealed that its year-to-date financial performance has “exceeded expectations” in a brief trading update issued today (June 18).

New car supply chain issues will not be resolved until 2022

Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.

Vertu follows Lookers in urging shareholders to stay away from AGM

Vertu Motors has followed fellow AM100 car retail PLC Lookers in urging shareholders to stay away from their upcoming AGM after the stalled easing of COVID-19 lockdown measures.

May used car sales volumes 14% up on 2019, says Auto Trader

May’s used car sales volumes were 14% ahead of the same period in the pre-COVID trading period of 2019, according to data from Auto Trader.

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Dealers And Manufacturers

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Mitsubishi UK car dealers informed of brand's 'unexpected' market withdrawal

Mitsubishi Motors in the UK has written to its UK franchised retail partners to inform them of the Japanese car manufacturer's plan to exit the UK and European new car markets.

Ford Motor Company's outgoing president and chief executive, Jim Hackett (left) alongside successor Jim Farley today (August 4)

Jim Farley to take over from Jim Hackett as Ford president and CEO

​Ford’s chief operating officer Jim Farley will take over from Jim Hackett as the US car manufacturing giant’s president and chief executive (CEO) on October 1.

Stoneacre logo

Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group

​Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group.

Jaguar Land Rover (JLR) chief executive, Thierry Bolloré

‘Ousted’ former Renault boss named as new Jaguar Land Rover CEO

Former Renault chief executive Thierry Bolloré has been named as Jaguar Land Rover’s replacement for long-time CEO Professor Ralf Speth.