Devonshire Motors has launched a “DM Stay Safe” initiative to reassure customers and employees of stringent efforts being made to sanitise its cars and showroom premises amid the COVID-19 coronavirus pandemic.
Planning for a car retail group’s recovery from the COVID-19 coronavirus lockdown has been likened to “starting a completely new business with your hands tied behind your back.”
An £8.2 billion hit already sustained by UK car manufacturing as a result of COVID-19 coronavirus factory shut-downs could get “much worse” without a rapid retail resurgence, the SMMT has warned.
AM is urging retailers to share their experience of trading during the COVID-19 coronavirus outbreak and their hopes for a recovery once current restrictions are eased.
Luxury car retailer Romans International has launched its Elev8 Finance broker arm to the wider market after funding more than £300 million of supercar sales – including a £3.5m Ferrari Aperta.
Lookers will expand its internal fraud investigations to its entire business after initial findings from one of its operating divisions resulted in an expected one-off charge of over £4 million in its 2019 financial results.
Stoneacre Motor Group's directors will forego their salaries after taking the decision to furlough 3,000 employees due to the COVID-19 coronavirus pandemic – vowing not to take a wage until the business “returns to profitability”.
The National Franchised Dealers Association (NFDA) has said that online car sales and deliveries “remain acceptable” during the COVID-19 coronavirus lockdown.
Chancellor Rishi Sunak has written to Simon Bailes Peugeot to praise the car retailer from its support of the NHS during the COVID-19 coronavirus outbreak.
Peter Vardy has appointed former Skyscanner chief financial officer Colin McLellan as CFO of its group of companies, including the digital finance broker CarMoney and online retail platform provider SilverBullet.
Cazoo has continued to sell cars online and facilitate “contactless” home deliveries during the COVID-19 coronavirus lockdown period – offering a £250 discount to NHS workers.
Less than half of UK car retailers are equipped to complete contactless online car sales despite the renewed focus on digital marketing brought by the COVID-19 coronavirus outbreak.
Pendragon has announced that 20% of chief executive Bill Berman’s pay will be donated to the NHS as employees across the group were furloughed and took wage cuts during the COVID-19 coronavirus lockdown.
Vertu Motors begun trials of thermometers to test for COVID-19 coronavirus at its showrooms as an MoT centre in Belfast started operations as an official virus test facility today (April 7).
Car retail groups with revenues of up to £500 million are now eligible to apply for funding from the Government's Coronavirus Business Interruption Loans (CBIL) scheme in a bid to drive support during the COVID-19 lockdown.
Arnold Clark, Simon Bailes Peugeot and TrustFord have shown their support to the NHS through the donation of 20,000 disposable car seat covers and the provision of vehicles and vital maintenance support to keep essential healthcare services moving.
Imperial Cars operations director Neil Smith has set-up social media discussion and support forums to allow car retailers to discuss business issues and advice via LinkedIn and WhatsApp.
PSA Group managing director Alison Jones has revealed that strategic planning for the Citroen, DS Automobiles and Peugeot brands has been modelled on a 96% potential decline in new car sales during the UK's coronavirus lockdown.
Marshall Motors and Vertu Motors bosses Daksh Gupta and Robert Forrester have recognised the efforts of their car retail workforce to support the NHS and other key workers during the coronavirus lockdown period.
A petition arguing that commission payments from car sales should be included in the Government’s Coronavirus Job Retention Scheme wage calculations has attracted almost 8,000 signatures in less than two days.
Motorpoint chief executive Mark Carpenter has vowed to give-up his own income from the used car supermarket business in order to top-up the wages of ‘furloughed’ staff during the COVID-19 coronavirus lockdown.
Mitchell Group owner and AM Awards 2020’s Business Leader of the Year, Mark Mitchell, has given a temporary home to contagious diseases specialists who travelled from Africa to aid the UK’s fight against coronavirus.
Companies House has announced a three-month extension to the to the year-end accounts filing deadline in response to the impact of COVID-19 coronavirus.
Richard Hardie Group has added to its MG Motor UK representation with the opening of new dealership facilities in Newcastle and Sunderland.
February 2020 saw something of a milestone for the UK's new car registrations: whereas Ford has been the best-selling marque in the UK since the late 1970s, and the supplier of the best-selling model for even longer, both titles went to VW this month.
