Dealer profiles - Page 36
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Lookers reports 8% revenue rise as takeover bid from Global Auto progresses
The AM100's third-largest car dealer group, Lookers, has revealed its first half 2023 trading secured 8% higher revenues year-on-year as it prepares for shareholders to decide whether to back a £504m takeover bid by Global Auto Holdings.
Why Steven Eagell deserved the Strategic Success Award at the 2023 AM Awards
Our winner, Steven Eagell, has built extremely close manufacturer relationships and has taken selected acquisition opportunities as they came to expand into a significant partnership with Toyota and Lexus.
Online car dealer Cazoo still leaves investors awaiting share price growth
Investors in online car dealer Cazoo are still having to wait for share price growth despite its announcement this month that its gross profit on every car sold is almost four times higher than it was achieving during the first half of 2022.
Gross profit rose for Eastern Western despite car supply issues and revenue dip
The leadership team at Eastern Western Motor Group has praised its workforce for delivering a resilient financial result in 2022 despite economic issues and shortages of vehicle supply.
A good deal, better, certainly delivered for Lookers car dealerships
In 2022 Lookers launched its first major multi-channel brand marketing campaign in more than five years, which the AM Awards judges voted to be the winner of the Marketing Strategy of the Year trophy at the 2023 AM Awards.