Used car dealer group Motorpoint has more than doubled its profits year-on-year, bringing them back to levels last seen before the pandemic.
Platinum Motor Group has acquired AKS’s Renault and Dacia car dealership in Yeovil after being described as the “perfect fit” by retiring managing director Anton Szulc.
Cazoo will begin its UK jobs cuts with the closure of a vehicle preparation centre acquired from SMH Fleet Solutions in September last year.
Inchcape has expanded its used car retail division with the opening of new stores in Stoke-on-Trent and Guildford.
Cazoo has kicked-off its plan to cut its marketing costs as part of its bid to save £200 million per year with the loss of its high-profile Premier League shirt sponsorship deal with Everton FC.
The chair of the House of Commons Education Select Committee Robert Halfon MP has visited Bristol Street Motors Harlow Peugeot Service Centre to hear about a £1m investment in the site.
There’s a disconnect between driver benchmarks for acceptable range and the distances currently achievable by EVs that is preventing more people from making the switch.
A Scottish Football sponsorship feud involving Rangers Football Club, Parks Motor Group and cinch may have boosted the online car retailers profile, a YouGov poll suggests.
The online car retailer Cazoo has revealed it wants to cut costs by £200 million by the end of 2023, which will include around 750 job cuts.
Andy Johnson, group property director at Vertu Motors, has announced his retirement from the AM100 retail group.
Isuzu has appointed 13 of its current retailers as authorised Arctic Trucks dealers.
Carzam founder Peter Waddell has blamed the faltering performance of online-only car retail businesses including Cazoo for the venture’s failure.
As car dealerships across the UK deck out their showrooms with bunting in celebration of the Queen’s Platinum Jubilee, it is also time to look back at the AM Awards festivities of three weeks ago.
Pendragon remuneration committee chair Mike Wright has left the car retail PLC after it emerged that the business looked set to face a third successive AGM shareholder revolt over its leadership bonuses.
Waylands Automotive has continued its expansion and strengthened an AM Awards-winning partnership with the acquisition of Grovebury Cars’ Kia UK dealership in Bicester.
Yeomans has completed the acquisition of Barnard & Brough Nissan from St Leonards Motors (SLM) Group.
Mercedes-Benz Retail Group has agreed a deal to sell its North London dealerships to top AM100 car retail group Sytner.
Drive Motor Retail has vowed to match-fund the charitable efforts of its workforce in a bid to raise £50,000 for victims of the war in Ukraine.
The Trade Centre Group has expanded into a seventh used car supermarket site after delivering record profitability in its 2021 annual financial results.
Bristol Street Motors sales executive Joe Sharland has raised almost £10,500 for charity after completing a gruelling 12-day trek through the Himalayan Mountains.
Pendragon’s leadership team could be set to face another shareholder revolt over “inappropriate” financial bonuses – a year after their last showdown with investors.
Big Motoring World founder Peter Waddell is experiencing his “proud dad moment” as his son, Jack, prepares to open his new car showroom this weekend.
A dozen premium SUVs suffered “extensive damage” when vandals attacked Pendragon’s Stratstone Land Rover dealership in Cardiff this week.
AM100 car retail PLC Caffyns plans to open new Lotus and Volvo dealerships after post-lockdown trading delivered a 26.3% rise in revenues and 207.9% surge in pre-tax profits in 2021/22.
Cinch is set to become Crystal Palace’s official shirt sponsor for the 2022/23 Premier League football season as part of a multi-year contract.
