Marshall chief executive Daksh Gupta said that the group is well-placed to make “another Ridgeway-style acquisition” as he highlighted a strong balance sheet amid 2018 financial results which revealed a 2% decline in turnover.
Infiniti will withdraw its manufacturing and sales operations from the UK in 2020 as it targets electrification and growth in Western Europe, China and the US.
An Independent premium car dealer who took cash and part-exchange vehicles from customers before failing to deliver on deals has been jailed for seven years.
Pendragon’s profit before tax total slipped to a £44.4m loss in 2018 as revenues declined by 2.4% to £4.63bn in its annual results to December 31, 2018.
LSH Auto UK has said that Greater Manchester and Birmingham will “reap the economic benefits” of its recent investments as it prepares to open two new Mercedes-Benz dealerships.
SsangYong UK has issued its first-ever volume targets to franchisees as it targets a more “transparent and professional” relationship with its retail partners, managing director Nick Laird has told AM.
Swansway Motor Group is set to invest £3.25 million to expand its Motor Match used car operations into Bolton and Stockport.
Polestar refused to ‘pass judgement’ on the retail strategy of electric vehicle (EV) rival Tesla as it reiterated its plans to partner with traditional franchised car retailers to establish its UK sales offering.
Mackie Motors has opened a new MG Motor UK franchised dealership in Brechin to become the latest dealer group to join the brand's growing UK retail network.
A survey of over 100,000 company car drivers has voted Swansway Motor Group as the best fleet dealer group for new vehicle sales in the ExpertEye 2019 awards.
Motorvogue has officially opened the doors at its new Renault and Dacia dealership on the outskirts of Bedford – creating a second stand-alone Dacia facility in the process.
Vertu Motors chief executive Robert Forrester has said that the group is “well positioned to take full advantage of tougher markets” in a trading update for the AM100 car retail group.
Westover Group has completed a £200,000 investment in its Lexus Poole showroom on West Quay Road.
Inchcape’s growing profitability from global vehicle distribution were offset by a challenging retail sector during 2018 – with revenues up 3.6% but underlying profit before tax down by 6.5%.
Steven Eagell Group has been crowned Best Lexus Group as its won a hat-trick of awards at the annual Lexus ‘Centre of Excellence Awards’ – just two years after it started representing the brand.
Hendy Group has announced the completion of its multi-million pound dealership development in Hampshire, opening new Honda, Kia and Mazda showrooms.
Clelands of the Borders has claimed Volvo Car UK’s dealer of the year award at an event which recognised the Swedish brand’s top performing retailers from across the region.
Westover Group is preparing for the official opening of its new £15 million Jaguar Land Rover dealership in Christchurch.
Taggarts Jaguar has increased its sales volumes by 60%, since moving to a new site in Glasgow last year.
Haven Motor Company has announced its appointment by SsangYong with a new Horsham-based franchise, as part of its “major push” to attract new dealers.
Taggarts has announced that it will open a new £4m Land Rover dealership in Lanarkshire after an arson attack destroyed the previous facility.
Swansway Motor Group has selected Escalla to provide it with apprentices for its new Digital Marketing Apprenticeship initiative.
A used car dealer who left customers and creditors ‘out of pocket’ has been handed a seven-year directorship ban.
Snows Mazda Portsmouth has revealed its “transformed” showroom since acquiring from Perry’s Fiat, Mazda and Peugeot last October.
Hippo Leasing Direct has launched a new online portal, to help fulfill declined finance customers and maximise lead revenue for partner leasing brokers
