Lookers will return to “normalised reporting” of its annual financial results after renewing its banking facility and reporting continued strong trading momentum the first four months of 2021.
TrustFord has embarked on a nationwide tree-planting exercise and donated £10,000 to green community projects in response to a residents’ backlash over tree felling at its newly-acquired Wimbledon Ford dealership.
Rapidly-expanding used car supermarket group Trade Centre UK is set to follow-up this month’s opening of a new site in Rotherham with the transformation of a former cinema in Walsall.
Macklin Motors hedged its bets with football fans in Scotland’s capital by securing sponsorship deals with rival teams Heart of Midlothian FC and Hibernian FC.
Mercedes-Benz has confirmed that it is considering the sale of its London-centric, nine-dealership Mercedes-Benz Retail Group car retail operation in the UK.
Mercedes-Benz is consulting its retailers on agency model franchise contracts as Volkswagen Group revealed the switch is likely to be completed for its electric vehicle (EV) model sales by the start of 2023.
Used car prices are soaring as car retailers report demand so strong that the “can’t stock the forecourt fast enough” – and supply shortages look to continue the trend.
Marshall Motor Holdings CEO Daksh Gupta has told AM “I can hold my head high” after the AM100 car retailer vowed to repay £4m in Government COVID support – and still match its 2019 financial performance in 2021.
Pendragon chief executive Bill Berman will receive bonus payments criticised as being “out of tune” despite a 42.2% vote against the PLC’s director remuneration at today’s AGM.
Car retail industry leaders from Marshall Motor Holdings and JCT600 are set to climb Mount Kilimanjaro as part of the Ben charity’s latest fund-raising challenge.
Staff across the TC Harrison business cut cake and raised a glass as the Ford car retail group celebrated its 90th birthday this week.
Stellantis will issue all of its UK and European franchised car retail partners with two-year termination notices as part of a reorganisation of its distribution networks ahead of the introduction of new Block Exemption rules.
Steven Eagell Group founder and chief executive, Steven Eagell, has become the latest member to join the Automotive 30% Club.
Stoneacre Motor Group has officially opened the first of three new Renault and Dacia dual-brand car dealerships – creating a multi-brand site alongside its Vauxhall franchise in Backburn.
Eight Kia dealerships have been awarded the 800 Award by Reputation, each achieving more than 800 points out of 1,000.
The National Franchised Dealers Association (NFDA) has launched a division in Northern Ireland to ‘outline dealers’ priorities’ and ‘tackle issues’ affecting them.
Pendragon’s leadership team are today preparing for a shareholder revolt as Hedin Group joined other key stakeholders in stating it will vote against “out of tune” bonus payments.
Harwoods Group has opened the doors to its newly-developed Jaguar Land Rover (JLR) premium car dealership in Brighton.
Subaru and Isuzu importer International Motor Group (IM) is in advanced talks with the Colt Car Company (CCC) to take on the Mitsubishi Motors in the UK aftersales franchise this autumn.
Cazoo is poised to expand its physical car handover Customer Centre network into Doncaster after securing an 18,000 square foot facility in one of the town’s key automotive retail locations.
Inchcape was named Group of the Year and Pinkstone Cars’ Stoke franchise Centre of the Year at Lexus UK’s 2020 ‘Centre of Excellence’ awards.
The board of directors at Cambria Automobiles has confirmed that chief executive Mark Lavery has been given more time to negotiate a management buy-out (MBO) of the AM100 car retail PLC.
Franchised and independent car retailers across the UK are being urged to celebrate their successes in a COVID-impacted 2020 and boost the morale of their workforce by entering the AM Awards 2021.
Drive Motor Retail has further expanded its previously Vauxhall-dominated franchise portfolio with the addition of three new MG Motor UK dealerships in Leicester, Bristol and Darlington.
TrustFord has continued the consolidation of the Ford's car retail network in London through the acquisition of Cambria Automobiles’ franchises in Croydon and Wimbledon.
