Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
Imperial Cars has opened the doors at its 17th used car retail site with the completion of a new showroom facility in Birmingham.
The National Franchised Retailers Association (NFDA) has urged Government to introduce fiscal measures to protect the automotive retail sector from the impact of COVID-19 coronavirus.
Big Motoring World chief executive Peter Waddell and former Cox Automotive president of international operations John Bailey are set to launch Carzam – a new "Amazon-style" online car retail platform.
Car dealers should open negotiations over potential rent arrears now as the COVID-19 coronavrius threatens to harm cashflow in the coming weeks and months.
Ford retailer Hills Automotive has expanded its used car and commercial vehicle operations into a new location with the acquisition of the Savilles Garage car dealership at Mustow Green, Kidderminster.
Vertu Motors has completed the £5 million expansion and refurbishment of its Mercedes-Benz dealership in Reading.
Toyota Best Retailer in Town Awards - known as the BRITs -
Pendragon has appointed Scottish and Southern Energy (SSE) divisional director and former chief operating officer of Opus Energy, Nikki Flanders, as a non-executive director.
The International Monetary Fund (IMF) and automotive sector analysts have expressed an inability to speculate over the economic impact of coronavirus as businesses grow increasingly “anxious over the duration” of the outbreak’s impact.
Fine Cars has joined the SsangYong Motor UK dealer network with the opening of a new showroom in Gosport.
Hawkins Motor Group’s St Austell Peugeot operation has been hailed as the French car brand’s top performing UK dealer at its annual Guild of Gold Lion programme awards.
Lookers’ chief operating officer Cameron Wade has resigned his post with immediate effect as share prices at the AM100 car retail group declined to a record low.
Motorvogue has officially opened the doors to its new FCA Group multi-brand franchised car dealership in Norwich – selling Abarth, Alfa Romeo, Fiat, Fiat Professional and Jeep.
Lookers has revealed that it will delay the publication of its 2019 annual financial results after finding evidence of potentially fraudulent transactions in one of its operating divisions.
Independent used Porsche sports car dealer Specialist Cars Malton has ceased trading after administrators failed to find a buyer for the business.
Marshall Motor Holdings reported revenues rose for a fifth year since its IPO, rising 4.1% to £2.28 billion in the AM100 car retailer group’s latest set of annual financial results.
Cars2 has opened the doors of its first Nissan franchised dealership after completing the turnaround of a former Land Rover showroom in just six weeks.
Lexus emerged as the top-ranking car retail franchise in the UK in after dealers showed their satisfaction with the Japanese premium brand’s business in the latest NFDA Dealer Attitude Survey.
Steven Eagell Group has confirmed the acquisition of four Toyota and two Lexus car dealerships in the West Midlands from the Vantage Motor Group.
The Advertising Standards Authority (ASA) has banned a car retailer’s adverts which described pre-registered vehicles as 'new' after a complaint branded the marketing as "misleading".
Eden Motor Group has completed the acquisition and re-branding of Torbay Hyundai, taking its representation with the Korean carmaker to four sites.
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.
