Chris Lee, the new managing director at AM100 motor retailer Howards Group says a focus on aftersales and finance renewals will help his team build on the group’s successful 2022.
Stoneacre Motor Group’s profit before tax soared by 63% to deliver a record set of annual financial results for 2021/22.
Lithia Motors’ Jardine Motor Group takeover talks have highlighted the undervaluation of UK car retail businesses, analysts have claimed.
Cambria Automobiles chairman and chief executive Mark Lavery has said his business is ready to enter “chapter two” of its development after the appointment McLaren finance director Paul Buddin as CFO.
Pendragon has said that car sales growth in Q4 helped propel it to a “better than expected” 2022 financial performance in a trading update published this morning (January 25).
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Lithia Motors has revealed that it views Jardine Motors as “a platform for future growth in the UK” after it emerged that the US-based car retailer was in advanced talks to acquire the AM100 car retail group.
Arnold Clark customers have had their addresses, passports and national insurance numbers leaked on the dark web following a cyber-attack on the car retail giant over the festive period.
Westerly Exeter and Cotswold Cheltenham have been crowned BMW and Mini Retailer of the Year at an annual awards event hosted by comedian Alan Carr and radio presenter Edith Bowman.
BYD will begin UK sales of its electric Atto 3 model in the coming weeks, following the appointment of five dealer partners.
Stellantis has ditched the Robins & Day brand for its UK car dealerships in the AM100 retail group’s 110th year of trading.
Life-saving car dealership staff from Burrows Motor Group and Baylis have come face-to-face with customers they helped revive after suffering cardiac arrests in their showrooms.
Cazoo plans to close sites and axe jobs in the UK as part of a ‘Revised 2023 plan’ following its 2022 exit from used car markets on the European mainland.
Hendy Group is poised to expand its retail partnership with Nissan through the opening of a new dealership in Crawley.
Marshall Motor Group has taken its Jaguar Land Rover (JLR) representation t 10 dealerships with the acquisition of the premium carmaker’s Leicester franchise from Sturgess Motor Group.
Counselling has been offered to staff at Vertu Motors’ Jaguar Land Rover (JLR) Leeds after a woman and a child were killed in road traffic incident described by police as “absolutely tragic”.
Lookers will grant its top leadership trio £1.5 million in share options for the car retail group’s 2023 performance if the car retail PLC meets a series of three-year performance targets.
New RJK Automotive Group managing director Darren Bradford has vowed to remain a “hands on” leader after being promoted from the role of Drayton Motors MD.
Harwoods Group has appointed former Volvo Car UK managing director Jon Wakefield as chief executive as it prepares for a 2023 transformation that will “revolutionise the automotive industry”.
MD Andrew Iveson talks about his decision to go from employee to co-owner at Subaru, isuzu and SsangYong car dealer Livingstone Motor Group and the resilience and innovation he and his team displayed as Mitsubishi quit the UK.
Gravells’ dealership in Bridgend has retained Kia UK’s dealer of the year award at an event which also celebrated the Korean carmaker’s landmark 100,000 registrations performance.
Lookers has raised its 2022 full-year profit expectations to over £80 million and revealed plans to add further to recent new car franchise additions Lotus Cars and Ora.
Lloyd Motor Group is expanding its York operation with 25 new jobs, to strengthen its long-term growth strategy.
Car dealer group operation Inchcape Retail rebounded from £76.4 million pre-tax loss to deliver profitability in 2021 financial results.
Car retailers are expected to shrug off the key performance indicators (KPIs) of the past as they prepare for a 2023 economy which will see recessionary consumer spending habits layered on top of ongoing vehicle supply issues.
