The key number plate change month of March will be pivotal in car retailers’ efforts to achieve profitability in 2020, according to sector analyst ASE.
Steven Eagell Group is in-line to acquire four Toyota and two Lexus franchises in and around Birmingham from Vantage Motor Group, AM understands.
Ford of Britain will with TrustFord's leadership team to consider the brand’s high street retail strategy in light of experience gathered at its store in Next’s Manchester Arndale Centre outlet.
Research by MotoNovo Finance has revealed that digital platforms are proving an essential link in the retail chain for used car buyers.
Cambria Automobiles has claimed that a shift towards luxury car retail enabled it to maintain profits as manufacturers adjusted vehicle supplies to mitigate the impact of new EU CO2 emissions regulations.
Vertu Motors completed the £4 million acquisition of the Kia Bradford and Honda Bradford business from the Vantage Motor Group.
Vertu Motors chief executive Robert Forrester suggested that the AM100 PLC will growth through the strong “pipeline of potential acquisition opportunities” in a trading update from the AM100 PLC.
The latest results from the NextGear Capital survey have revealed that dealers are combining instinct with valuation tools to identify the best stock.
The Geneva Motor Show 2020 has been cancelled due to the coronavirus outbreak – marking a dramatic u-turn by event organisers.
Vertu Motors celebrated the achievements of its top performing employees at the company’s CEO Awards, recognising the “depth of talent” within the AM100 car retail group.
Ford retailers whose new car sales businesses have been put at risk by the manufacturer’s plan to close almost half of its 400 UK dealerships by 2025 are demanding changes to their aftersales contracts.
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
Sytner Group’s Sheffield BMW franchise claimed the German premium car brand’s UK Retailer of the Year title at its prestigious 2020 awards ceremony.
Paul Rigby Group has opened a new MG Motor UK franchised car dealership within part of the conference centre at the brand’s historic Longbridge vehicle production facility.
Ford will close almost half of its 400 UK franchised car retail sites as part of a ‘Ford 2025 dealer plan’ revealed to its investor partners at a conference today (February 26).
The former owner of Bolton’s IGW car dealership group has won a £310,000 VAT battle with the HMRC from his jail cell while serving a life sentence for the 2011 murder of his wife.
JCT600 has promoted operations director Richard Hargreaves to the post of managing director, praising his “nurturing” approach and his “key role” in the growth of the Bradford-based car retail group.
Stoneacre Motor Group has revealed detail of a 24.9% turnover increase in annual turnover and a 31.2% increase in pre-tax profits in annual financial results to April 31, 2019.
Confidence in the 2020 car retail market was expressed by 98% of respondents to a Close Brothers Motor Finance in a survey to gauge the mood among the sector’s businesses.
Glyn Hopkin has invested over £1 million in a new flagship retail store which incorporates virtual reality (VR) to handle sales for FCA Group brands Fiat, Abarth, Jeep and Alfa Romeo under one roof.
Quest Motor Group has credited its new Ecommerce platform for helping it to the most successful month of car sales in its history.
Porsche Retail Group, TrustFord and Motorpoint were all recognised among the UK’s top employers in the annual Sunday Times Best Companies to Work For rankings.
Citroën UK has handed out more than 30 awards as it celebrated the top performing dealerships and employees from its UK retail network at an annual Dealer Excellence event.
Ford is said to be in talks with its franchised partners as part of a bid to accelerate the “natural erosion” of its UK dealer network.
Chapelhouse Motor Group has added new MG Motor UK car dealerships in St Helens and Southport to its franchise portfolio.
