Inchcape has revealed that its year-to-date financial performance has “exceeded expectations” in a brief trading update issued today (June 18).
The Motorpoint used car supermarket PLC aims to almost treble its revenues to £2 billion with a new “medium term” business strategy laid out in its 2020 annual financial results.
Sytner’s CarShop is set to follow in the tyre tracks of Trade Centre UK by developing a new used car supermarket on the site of a former Showcase Cinema.
Sytner Group has gained planning permission to expand its BMW dealership in Coventry despite objections from local residents about noise and vehicle emissions.
Cars2 has secured freehold ownership of its Bradford Hyundai dealership and funded a new Pure Cars premium used car showroom in Wakefield after refinancing its debt with Barclays.
Vertu Motors could be the latest AM100 car retail group PLC to face a backlash over bonus payments to its chief executive Robert Forrester.
Genesis Motor Europe’s home test drives and promise of multiple handovers to facilitate vehicle familiarisation is only being offered to customers in the UK’s South East – for now.
Constellation Automotive Group will expand the used car stocking and preparation capacity for BCA and cinch following the £80 million acquisition of Rockingham Motor Speedway.
Cambria Automobiles chief executive Mark Lavery has said that he looks forward to “capitalising on the growth opportunities ahead” after agreeing the terms of the group’s management buy-out (MBO).
Devonshire Motors has completed a double with the addition of Hyundai Motor UK and Isuzu UK franchises to its award-winning car retail operation in Barnstaple, Devon.
A used car salesman has been ordered to complete 250 hours of unpaid work after claiming ‘ill health’ had prevented him from keeping company records - when he had deliberately disposed of them.
CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) at as its targets “profitable growth” – including dealership acquisitions.
Constellation Automotive Group has switched the focus of its Corby used car preparation centre from Cazoo to its own cinch online retail offering – delivering a potential 30,000 cars per year.
Lookers has opened the doors to its new £4.6 million Jaguar Land Rover (JLR) dealership in Bishop’s Stortford.
Lookers has revealed that chairman Phil White will stand for re-election at its AGM as the AM100 PLC’s search for a successor continues.
Alfa Romeo has named Derby’s Beechdale Motor Group as its top car dealer in a COVID-hit 2020 at its annual Retailer of the Year Awards.
South of England car dealer group Caffyns has clawed soundly back into the black amid the coronavirus pandemic thanks to efficiencies, state support and investment in online sales.
Devonshire Motors has appointed Mitsubishi Motors in the UK’s Paul Alexander as its new aftersales operations manager as the car retailer embarks on a “major transitional period”.
Peugeot UK named Howards Garages’ Weston Super Mare dealership as its top UK franchisee as it celebrated the achievements of its best franchised car retailers at its Guild of Gold Lion awards.
LSH Auto UK has added a new car retail franchise to its Mercedes-Benz Erdington dealership after a £250,000 introduced the German premium brand’s latest corporate identity standards.
JCT600 has overcome setbacks caused by the COVID-19 crisis to start work on its new £9 million Ferrari supercar dealership and service centre in Leeds – the highest value project in its history.
DM Keith has gained planning approval to expand its Braford Skoda dealership's used car sales site beside a major new road development.
Swansway Group expects its electric vehicle (EV) sales to soar by 150% in 2021 as the range of available models broadens and becomes affordable.
Perrys Motor Sales has opened a new MG Motor UK dealership in Aylesbury, taking the brand’s network growth to 28th locations in just 12 months.
Motorpoint has emerged as the UK’s best automotive business for employees in Best Companies’ annual Top 100 Company to Work for in the UK awards rankings.
