Swansway Group’s 2017 annual financial results have revealed that profits remained flat despite a 40% increase in turnover during the period.
Lookers has expanded its representation of the Ford brand with the acquisition of Essex-based franchised car retailer Pollendine Motors.
The average UK motor retailer delivered a profit of just under £265 in May, compared to an average loss of £17,000 the previous year.
Renault has announced that between July 3 and October 1 it will offer 0% PCP finance across its entire range, with an additional £1,000 off part exchange.
Johnsons Cars has acquired TH White Motor Group and adds the Jeep and Fiat Commercial franchise to its business for the first time as a result.
Vertu Motors has acquired Hughes Group and its subsidiary Hughes of Beaconsfield, which has Mercedes-Benz dealerships, for £21.8 million.
The publicly listed AM100 groups have taken wide-ranging approaches to debt, acquisitions and turnover targets
Revealed and analysed - the financial performance of the UK's top 100 dealer groups.
Vehicle manufacturers are beginning to move away from pure vehicle sales towards offering more subscription based services to meet the growing needs of today’s customer.
Dealer discounts have remained static in the last three months despite a struggling new car market, according to a What Car? Target Price report.
A look at the UK car market to the end of May shows Vauxhall, Nissan and Fiat suffering.
Franchised car dealers have been alerted to an impending heatwave which will see UK drivers spend over £45 million on air conditioning services, and garages “inundated” with re-gas services, according to WhoCanFixMyCar.com.
Perrys Group has celebrated early growth in its Ford sales in Derbyshire following the successful opening of a new £8.5 million FordStore at the heart of Chesterfield.
Motorvogue will take its franchised car dealership tally to eight in Bedford with the addition of a newly-built Renault and Dacia showroom.
Auto Trader has launched its “biggest” promotion to date, with a new car giveaway every time England scores a goal in Russia.
Jaguar Land Rover’s InMotion mobility services arm has launched a new all-inclusive car subscription service, targeting high-mileage drivers with the “hassle-free” mobility solution.
Research conducted by Dealerweb has revealed that 77% of car buyers would be reluctant to spend over £15,000 on a new car online.
A £9,900 improvement in April profits for car dealers could be an indicator “the real prospect of a period of comparative prosperity”, according to ASE.
Suzuki will offer £1,000 off all models during a Weekend to Remember sales event being hosted by every one of its 157 UK retailers.
Motordepot has announced the opening a brand-new retail site in Barnsley, South Yorkshire, becoming the eighth branch in a growing portfolio.
With many automotive retail businesses entering 2018 with some nervousness and caution, the market has remained remarkably buoyant for the first four months of the year.
The number of UK drivers considering EV ownership has doubled in the past year according to Close Brothers Motor Finance's Britain Under the Bonnet report.
Endeavour Automotive is preparing to open the doors to potential customers of its newly-opened flagship North London Hyundai showroom for the first time with an ‘open weekend’ event this weekend.
Brexit might have proved the catalyst for growth of car supermarket operations in Ireland as the weak Sterling sparked an importing flurry for Kearys Motor Group.
JCT600 has reported a 2% rise in turnover to £1.25 billion in the face of “challenging market conditions”, adding that it expects “fierce competition” to continue in the automotive retail sector.
