Dealer profiles - Page 42

Eden Motor Group is launching a new car subscription mobility service after becoming Karzoom’s retailer partner for the Thames Valley.

Car retail group JT Hughes has revealed that it more than doubled its profits in 2021/22 following the addition of a new Kia franchise and a new Isuzu pick-ups dealership.

Vertu Motors has acknowledged colleagues who have performed ‘exceptionally well’ and delivered high levels of leadership throughout the year.

Car retailers are being urged to contribute to a survey gathering information on behalf of the Office Zero Emissions Vehicles (OZEV) and could help shape future UK Government’s policy.

Cazoo has completed the disposal of the used car data insights platform Cazana for an undisclosed sum just over 17 months after acquiring the business for £25 million.

A Dick Lovett Ferrari experience manager has refuted a claim that an ex-bodyguard of Michael Jackson was “ignored” by dealership staff because he was wearing a tracksuit.

Brindley Group is set to introduce a host of eco-friendly measures to reduce its carbon footprint when it commences the £2 million redevelopment of its Kia dealership in Wolverhampton.

Mercedes-Benz UK’s first month on the new direct to consumer distribution model, and agency contracts, highlights the need for ‘agile’ vehicle pricing, despite fixed price promises

Car retail sector PLCs Vertu Motors, Pendragon, Lookers and Motorpoint are expected to see “valuations improve” as stability returns to the UK economy.

Lookers has continued to invest heavily in its dealership property portfolio with completion of a £1 million transformation of its Nissan Gateshead franchise.

More than a third of car retailers claim that their business’ survival will be put at risk in the UK Government does not step in to provide support with their energy costs.

Motorpoint has strengthened its senior leadership team with the appointment of Kal Singh, a former executive of the Dreams retailer, as its new chief operating officer.

Renault Group UK has appointed John Richardson as its new head of network development as it re-affirms its commitment to its franchised dealer model.

Fund raising cyclists from Lookers are setting their sights on a new cycling challenge after raising £150,000 with 650km Birmingham to Belfast charity ride.

Newly-promoted RJTK Automotive managing director Darren Bradford told the AM News Show that he has “a lot up my sleeve” for 2023.

Waylands Automotive chief executive John O’Hanlon admits the group has “unashamedly” been investing heavily on its car dealership property ahead of Swindon Volvo opening.

Vospers has grown its Stellantis representation in Plymouth by taking over the Vauxhall franchise in Plymouth from Pendragon’s Evans Halshaw business.

Former Motorpoint operations director Paul Winfield has died, aged 68, prompting a flurry of tributes to an “inspirational” and “lovely human”.

Passionate, driven and caring were among the terms used to describe Horizon Magna Motor Group founder and chairman Colin Sharpe after he died at the age of 77.

Hendy Group welcomed hundreds of car enthusiast to its first Performance Coffee Run of 2023, at Thruxton race circuit on January 15.

Mercedes-Benz UK chief executive Gary Savage has said he finds the roll-out of the brand’s direct-to-consumer agency model car retail strategy “hugely exciting” – despite agents' two-tier car retail sector concerns.

Vertu Motors looks poised to expand its car retail footprint in Scotland with the development of a new-build Macklin Motors Toyota dealership in Ayr.

Sytner Group and CarShop owner Penske Automotive has reported a record set of annual financial results in which revenues rose 9% and pre-tax profits swelled by 16%.

Vertu Motors' Ascot Mercedes-Benz showroom has undergone refurbishment as part of a £711,000 investment in the dealership.

Constellation Automotive owner TDR Capital has extended its presence in the car retail sector with the purchase of a 3.1% share in Vertu Motors.