US-based Lithia Motors is said to have been identified as the “large international corporate” which launched a £460 million takeover bid of Pendragon.
Humphries & Parks has become the latest former Mitsubishi Motors in the UK car retailer to join the Mitsubishi Motors UK franchised car retail network.
Riverside Volvo Doncaster is celebrating 40 years in business by hosting a series of special events.
Devon-based AM100 group Vospers grew its return on sales to 2.9% during 2021 and has carried strong profitability through to at least May this year.
Picador, the Hampshire dealer group which has retailed Vauxhalls for almost 60 years, has been sold to Snows Group.
A Yorkshireman who laundered dirty cash through his used car dealership has agreed to forfeit £1.14 million of assets in a case brought by the National Crime Agency.
A ‘seismic’ High Court ruling over a landmark case involving RCI Financial Services and Mackie Motors has paved the way for a seven-day termination period for franchised car retailers, it has been claimed.
Sinclair Group has made its first move into England and added two Land Rover dealerships and its first Hyundai franchise through the acquisition of Shukers.
Waylands Automotive is days away from doubling its MG Motor UK representation with the opening of a new dealership site in Newbury.
Hippo Motor Group has exceeded a 300-employee headcount for the first time and is continuing to expand with a further 25 vacancies.
One of Pendragon’s five major shareholders has blocked a takeover bid launched for the AM100 car retail PLC by “a large international corporate”.
Maxus has added Hyundai, MG and Suzuki dealer Stoner Motor Company in Rainham, to its UK dealer network.
Two former flight attendants who swapped canbin crew duties for a career in car retail are taking to the skies once again in the name of charity.
JCT600 has grown its Volkswagen Commercial Vehicles dealership to five locations through the acquisition of two sites from Volkswagen Van Centre West Yorkshire.
Constellation Automotive has denied that Marshall Motor Group’s exit from the Kia UK franchised dealer network is connected to leadership changes following its takeover of the former car retail PLC.
Online car retailer Cazoo announced a £243 million loss from the first half of 2022, and Cazoo is breaching New York Stock Exchange rules which risk delisting.
Milton Keynes-based used car retailer CarOOn in preparing to create 40 new jobs with a business expansion funded by £800,000 in new funding backed by the Recovery Loan Scheme.
West Way Nissan Stockport and Bristol Street Motors Halifax have completed the UK’s first customer handovers of the Japanese carmaker’s new Ariya electric vehicle (EV).
Steven Eagell Group has confirmed its acquisition of Inchcape’s Toyota dealership in Oxford, over three weeks after AM initially reported the move.
Bourne Road Mazda, in Kent, is celebrating its 50th anniversary as a Mazda franchise.
Inchcape has grown its bravoauto used car supermarket division with the opening of a new store in Sytner’s former Volkswagen and CarShop Express dealership in Halifax.
Wessex Garages has announced redevelopment plans for its Nissan and Kia dealerships in Gloucester.
Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).
Inchcape is “confident” of achieving its mid-term growth plans after delivering 53% growth in its adjusted pre-tax profits in the first half of 2022.
Group 1 Automotive has highlighted the strength of its new car order books in the UK after reporting a record Q2 performance.
