Dealer profiles - Page 41
News
Motorpoint: reduced finance income and EV values to impact profits for ‘foreseeable future’
Motorpoint chief executive Mark Carpenter has insisted the car supermarket group will succeed in its goal of becoming a “highly profitable market leader” despite faltering finance commissions and used vehicle margins.
Cambria Automobiles enters ‘chapter two’ after McLaren FD appointment
Cambria Automobiles chairman and chief executive Mark Lavery has said his business is ready to enter “chapter two” of its development after the appointment McLaren finance director Paul Buddin as CFO.
No more Stellantis UK network cuts despite ‘theoretical’ 40-partner plan
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Pendragon suitor Lithia Motors in ‘advanced’ talks over £300m Jardine acquisition
Lithia Motors has revealed that it views Jardine Motors as “a platform for future growth in the UK” after it emerged that the US-based car retailer was in advanced talks to acquire the AM100 car retail group.
Counselling offered to Vertu JLR Leeds staff after 'tragic' fatal collision
Counselling has been offered to staff at Vertu Motors’ Jaguar Land Rover (JLR) Leeds after a woman and a child were killed in road traffic incident described by police as “absolutely tragic”.
Harwoods welcomes ex-Volvo MD Jon Wakefield as CEO and targets tech 'revolution'
Harwoods Group has appointed former Volvo Car UK managing director Jon Wakefield as chief executive as it prepares for a 2023 transformation that will “revolutionise the automotive industry”.