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AM News Show: former Inchcape CEO James Brearley ‘flattered’ by Marshall links
Former Inchcape chief executive James Brearley has told the AM News Show podcast that he was “quite flattered” to be linked with the Marshall Motor Group CEO role formerly held by Daksh Gupta.
Ray Chapman Motors acquisition ends Clive Brook’s ‘fantastic journey’ in car retail
Volvo Cars UK franchisee Clive Brook has handed over the keys to his car dealerships in Bradford and Huddersfield to Ray Chapman Motors – ending a “fantastic journey” in automotive retail.
Motorpoint: reduced finance income and EV values to impact profits for ‘foreseeable future’
Motorpoint chief executive Mark Carpenter has insisted the car supermarket group will succeed in its goal of becoming a “highly profitable market leader” despite faltering finance commissions and used vehicle margins.
Cambria Automobiles enters ‘chapter two’ after McLaren FD appointment
Cambria Automobiles chairman and chief executive Mark Lavery has said his business is ready to enter “chapter two” of its development after the appointment McLaren finance director Paul Buddin as CFO.
No more Stellantis UK network cuts despite ‘theoretical’ 40-partner plan
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Pendragon suitor Lithia Motors in ‘advanced’ talks over £300m Jardine acquisition
Lithia Motors has revealed that it views Jardine Motors as “a platform for future growth in the UK” after it emerged that the US-based car retailer was in advanced talks to acquire the AM100 car retail group.