Inchcape has confirmed that its London Stock Exchange listing has been reclassified to remove reference to retail as it disposed of 13 UK dealership locations as part of a renewed focus on distribution in 2020.
Car dealers across Scotland have been left “bitterly disappointed” by news that showrooms are unlikely to be allowed to re-open their doors to customers until April 26.
There will be no u-turn of Mitsubishi Motors in the UK’s decision to transition away from new car sales, despite reports which suggest the Japanese carmaker could review its decision to withdraw from Europe.
Waylands Automotive has joined the Kia Motor UK franchised network with the acquisition of Pendragon's Evans Halshaw car dealership in Reading.
Car retail group bosses from Cambria, JCB Group and Arbury Group were among those hoping that news of showrooms re-openings on April 12 will be the start of a prolonged bounce-back from COVID-19 ‘Lockdown 3’.
Drayton Motors has completed the acquisition of Grantham Kia operator Victor Wood Group for an undisclosed fee.
Cazoo has begun an expansion “across Europe” with the acquisition of German car subscription provider Cluno.
Protestors spreading claims suggesting Volkswagen used forced labour in China chose London dealership Alan Day Volkswagen as the target for their campaign.
Three raiders targeted desirable Ford Focus ST performance cars when they broke into the Formula One Car Supermarket in Falkirk.
Cazoo, a UK online motor retailer that already sold almost 20,000 cars to consumers since December 2019, says claims it is stock market bound are speculation.
Work is underway to create the UK’s first ‘Destination Porsche Centre’ sports car dealership after Porsche Retail Group revealed details of the new retail facility in Reading.
Henrys Cars Glasgow has won Skoda UK’s Retailer of the Year award as the Volkswagen Group brand celebrated the successes of its franchised dealer network across 10 categories.
Supercar dealer Romans International is set to expand its showroom facilities into a former TrustFord dealership a “stone’s throw” from its current location in Banstead.
Steven Eagell Group has said that it expects to be even ‘more profitable’ in 2020 after reporting a 14% pre tax profits rise in its 2019 annual financial results.
Hawkins Motor Group has added a new brand to its franchised car dealership portfolio with the completion of a deal to acquire Town & Country Nissan.
Hendy Group is set to increase its representation with the Lotus Cars brand with the addition of new dealerships in Hampshire and Devon.
Chorley Group managing director Adam Turner has thanked The British Army and Lancashire County Council for their help in getting a twice-weekly COVID-19 test procedure up and running for its entire retail operation.
The CarShop brand is set to go global as Penske Automotive looks to rebrand its US CarSense operation and expand its used car supermarket footprint from 17 to 40 locations by 2023.
The National Franchised Dealers Association (NFDA) has called on Government to redeploy business support measures for retailers ahead of the 2021 Budget.
JF & E Hadwin’s Settle Land Rover dealership and Roger Young’s Plymouth Jaguar car retail operations have been named as Jaguar Land Rover’s (JLR) dealers of the year for 2020.
Vertu Motors is set to relocate its Kia Nottingham dealership into its existing Volkswagen dealership operation in the city as it continues to consolidate its UK retail operations.
Cazoo has completed the acquisition of Smart Fleet Solutions in a deal which equips it with the ability to recondition more than 100,000 used cars each year ‘in house’.
Car retail bosses have voiced concern that a failure to re-open car showrooms in-time for the March number plate change will impact jobs and the economy, claiming “MPs fundamentally do not understand business”.
TrustFord has gained planning permission for a new dealership site in Guernsey which will allow the business to bring its Ford retail, aftersales and body shop businesses under one roof.
