MotoNovo Finance has announced it is able to provide additional support to the dealer community as an accredited ‘Introducer’ for the Aldermore Coronavirus Business Interruption Loan Scheme (CBILS).
Maxus UK and Ireland has added Rivervale Cars to it’s expanding UK franchised dealership network as part of the company’s expansion plans for 2020.
The longest serving Lotus dealership in the world, Bell & Colvill, has celebrated its 50th year as a franchised retailer with the addition of McLaren Automotive Approved status.
Lookers has requested that the listing of its ordinary shares be temporarily suspended, pending publication of its 2019 annual financial results.
Over 20 employees could be at risk of redundancy at Cambria Automobiles’ Jaguar Land Rover (JLR) dealership in Swindon as part of plans to mitigate against the impact of COVID-19.
Shelbourne Motors has renewed its association with Ulster and Ireland scrum-half John Cooney, as its official brand ambassador.
Car retailers in Leicester fear that a stalling of lockdown easing measures resulting from a localised outbreak of COVID-19 coronavirus in the city could see their recovery efforts unravel.
Cazoo has made another Premier League sponsorship signing in the form of Aston Villa, agreeing a deal which will logos on the team’s shirts and around its Villa Park Stadium.
HR Owen has said that it is making “a limited number” of staff reductions in response to the market challenges faced as a result of the COVID-19 crisis.
The Evans Halshaw, Stratstone and Car Store car retail businesses will have a “powered by Pendragon” prefix added to their name as part of a rebrand of the AM100 car retail group aiming to add confidence to car buying consumers.
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
Tremont Garage’s managing director has cited “unprecedented events” for his decision to close his family-run Ford car dealership in Llandrindod Wells.
Mercedes-Benz Retail Group has closed its car dealerships in Bromley, Caterham and Chelsea as part of a “realignment” of its operations in the London market area.
Hendy Group is preparing to consolidate its commercial vehicle operations in West Sussex amid changes which will introduce a new Ford Transit Centre and an MG Motors dealership to its portfolio.
One-in-ten car buyers plan to head online to purchase their next vehicle according to BuyaCar research indicating that specialist online traders are set to gain increased market traction.
The Peter Vardy Group has introduced a “Two-Metre Greeter” role to its car showrooms in Scotland as part of a £100,000 COVID-19 protection package rolled out ahead of their June 29 re-opening.
Lipscomb Cars has been given the green light to transform the site of its former Fiat and Abarth showroom in Canterbury into a 64-flat apartments complex.
Jardine Motors has opened the doors to its new £1.2 million Ferrari Approved used car sales dealership and supercar service centre in Sevenoaks, Kent.
Lookers is preparing to shake-up its board of directors in the search for ‘new skills and experience’ to guide the AM100 car retail group through the next phase of its development.
The Prime Minister Boris Johnson has announced that a “one metre plus” social distancing policy will be introduced from July 4 as part of a series of COVID-19 legislation easing measures.
The National Franchised Dealers Association (NFDA) has said that the Scottish Government’s decision to postpone the re-opening of car showrooms will place jobs under “unnecessary economic risk.”
The online car retailer Cazoo claims to have become the fastest UK business ever to achieve a valuation in excess of $1 billion (£800.8m) – joining an exclusive list of companies known as ‘unicorns’.
The lack of a succession plan has resulted in the closure of Canterbury’s Northgate Garage Group after more than 50 years trading in the city.
Perrys Motor Group and Donnelly Group have closed Vauxhall car dealerships in the past week as the Griffin-badged brand continues its network consolidation strategy.
The Welsh First Minister Mark Drakeford has given the go-ahead of car retailers in the country to re-open their showrooms to customers on Monday, June 22.
