The London Stock Exchange has extended the deadline for Sweden-based Hedin Group to continue discussions and due diligence with Pendragon before it must decide whether to make a formal takeover bid for the major AM100 dealer group which trades under the Evans Halshaw and Stratstone brands.
Auto Trader has sold off its Webzone subsidiary, which trades as Carzone in the Republic of Ireland, for 30m euros (approx. £26m).
Tottenham in London has been chosen as the site for the UK's first service and maintenance hub for the electric vehicle brand Volta Trucks.
Wessex Garages has become the third UK franchisee of Great Wall Motors’ Ora electric vehicle (EV) brand with plans for a new dealership in Bristol.
The founder of Swedish hypercar manufacturer Koenigsegg has hailed plans for new £3 million landmark showroom development in Sunningdale, near Ascot.
Lookers has re-opened its Nissan dealership in Chester following £750,000 investment in the Japanese carmaker's new corporate identity (CI).
A new Volkswagen Commercial Vehicles Van Centre has opened in Oldham, providing new and used cars alongside servicing and repair facilities.
Increasing numbers of franchised car retailers are considering exit strategies as economic pressures and uncertainty around agency model retail plunge the sector into a period where uncertainty is now the norm, MHA has suggested.
Genesis will open its second UK Studio at the landmark Battersea Power Station site in a move that accompanies its shift into electric vehicles (EV).
Cumbrian AM100 car retailer Lloyd Motor Group has continued it recent push for expansion with the acquisition of P.V. Dobson’s Volvo Car UK dealership near Kendal.
Donalds Group has officially taken over the operation of the Kia UK Ipswich dealership formerly operated by Marshall Motor Group.
Great Wall Motors’ (GWM) Ora electric vehicle (EV) brand has appointed Lookers as its first car retail franchisee in England.
Listers Group is lining-up a relaunch of its Volvo Car UK dealership in Leamington Spa following a £2 million project to bring the facility up to the Swedish brand’s VRE corporate identity (CI).
Endeavour Automotive taken its Hyundai representation to seven locations with expansion in East Anglia through the acquisition of car retail group Turners.
HR Owen has welcomed over 200 VIP guests to its Lamborghini Manchester supercar showroom as it inaugurated the new facilities following extensive investment and refurbishment.
Sinclair Group will continue to strengthen its franchised car retail partnership with Jaguar Land Rover (JLR) with the development of a new Arch Concept dealership in Swansea.
Ford dealer Chipping Sodbury Motor Company has doubled its franchise car retail brands with the addition of Ssangyong Motor UK.
Citroën franchisees across the UK will be preparing to implement a new brand identity for the French carmaker after the unveiling of a redesigned version of its iconic ‘deux chevrons’ logo.
Peter Vardy has been revealed as the first franchised car retail partner for Great Wall’s affordable Ora electric vehicle (EV) brand.
Lookers has revealed a £4.5 million plan to transform its BMW car dealership in Crewe into a regional retail hub for the German premium car brand.
Dick Lovett is recruiting staff ahead of its move to a new BMW and Mini car retail site in Melksham next month.
CitNOW Group has continued its growth through acquisition strategy with the acquisition of Auto Imaging.
Endeavour Automotive will be one of the first retail businesses to move into Grade II Listed Battersea Power Station when it moves its Polestar electric vehicle (EV) franchise next month.
Lookers has affirmed that it has no plans to close its Motherwell Land Rover dealership after an AM-online report incorrectly stated that the site was being considered for redevelopment.
Eastern Western Motor Group (EWMG) is working “tirelessly” to establish a new Volkswagen Van Centre after being appointed as the commercial vehicle brand’s franchisee in Edinburgh.
