Lookers has filled the chief financial officer role left vacant since February last year with Anna Bielby, formerly of PwC and CFO of telecoms company KCOM Group.
Lookers has said that it will continue to “review the appropriateness of the remuneration policy” following a shareholders’ revolt over the £450,000 pay packet of chief executive Mark Raban.
Customers’ response to the latest COVID-19 lockdown measures in England and Scotland will be key to the automotive retail sector’s success in delivering click and collect car sales in the coming months.
Click and collect services will once again top car retailers’ sales agenda after Prime Minister Boris Johnson confirmed that England would be follow Scotland into a new national lockdown last night.
Prime Minister Boris Johnson will address the nation tonight to set out further measures to combat the resurgence in COVID-19 coronavirus – hours before Scotland returns to a state of lockdown.
A motorist crashed his car twice at high speed in "an astounding and incredible course of criminal conduct" which culminated in the theft of a £40,000 Jaguar from a Parks Motor Group forecourt, a court heard.
Motor retail leaders discuss the merits of an agency sales model following Capgemini's report which found it's an inevitable evolution for franchised dealers
Donnelly Group has revealed a £2.66m pre-tax loss in its annual accounts for 2019 but stated that a rationalisation review of the car retail business had now liberated £8m in annual savings.
Arnold Clark has set aside its car sales priorities with the opening of a £5 million Alternative Fuel Vehicle (AFV) Innovation Centre which aims to educate motorists on the benefits of EVs.
Teams of car dealership employees from across the JCT600 retail network have completed 500-mile challenge in aid of Ben in the run-up to Christmas to smash their fund-raising target for the automotive charity.
Award-winning Groupe Renault retailer Mitchells is courting new car franchises after acquiring Vauxhall specialist Kerridges, at Halesworth.
Donnelly Group has cut its administrative workforce by 50% after rolling out Arena Group’s mstore paperless operating system.
Family-owned Grays of Holbeach in Lincolnshire has added the SsangYong franchise.
As car retailers dust themselves down after the rigours of an unpredictable 2020 AM has compiled a three-minute survey to learn of the sectors’ hopes, fears, challenges and opportunities in 2021.
Harwoods Group has revealed that it will open its new Volvo Crawley dealership in late February 2021 as construction of the new showroom facility nears completion.
Inchcape has reported that its performance during November’s ‘Lockdown 2’ COVID-19 restrictions was “better than expected” – leading to an upgraded pre-tax profit forecast.
Perrys Motor Sales is poised to open the doors to its new Kia Motors UK showroom in Huddersfield after redeveloping a former Rybrook Jaguar premium car dealership site.
Marshall chief executive Daksh Gupta has told AM that the car retail PLC will be “going for it” in 2021 after upgrading its profit forecast, vowing to repay its deferred VAT payments and forego the CRJS in the new year.
Marshall Motor Holdings has upgraded its profit predictions for 2020 after it “significantly outperformed” the car retail market in October and November.
Lookers has appointed Yorkshire Building Society chief financial officer Robin Churchouse as an independent non-executive director and chair of its Audit and Risk Committee, Remuneration and Nomination Committees.
Car retailers delivery of a “stunning” used car sales performance recovery from the depths of H1’s COVID-19 lockdown helped to deliver an £53,000 average profit in October, according to ASE.
The Peter Vardy Group has introduced chalets at its Motherwell branch and its Glasgow CarStore to allow customers to discuss their purchase outdoors during the COVID-19 crisis.
The Sytner Group has completed the latest expansion of its CarShop used car supermarket division with the opening of its largest retail site to date – a “multi-million pound” facility in Nottingham.
Vertu Motors has completed its long-awaited acquisition of 12 BMW, Mini and BMW Motorrad franchised motor retail outlets across five locations from Inchcape’s Cooper BMW division.
HR Owen’s Rolls-Royce Motor Cars dealership in London has responded to a shift towards remote commissioning of bespoke luxury cars and a virtual showroom experience ahead of a move to its new Mayfair showroom.
