The June issue of AM magazine is here in digital form, free to read, full of insights that will get dealers thinking about their strategy for the future.
Plans for a new Kia UK car dealership as part of a new £7 million business park development on the outskirts of Kendal will not be progressed despite gaining planning approval this week.
Blackshaws has become the latest addition to the SsangYong Motors UK franchised car retail network at its former Mitsubishi Motors in the UK dealership in Morpeth.
Platinum Motor Group has acquired AKS’s Renault and Dacia car dealership in Yeovil after being described as the “perfect fit” by retiring managing director Anton Szulc.
Rygor Commercials has started construction of its custom-designed Mercedes-Benz commercial dealership in Reading.
Andy Johnson, group property director at Vertu Motors, has announced his retirement from the AM100 retail group.
Ford chief executive Jim Farley has said that future dealer standards will be “brutal” to ensure that the brand has the physical network to outperform its car manufacturing competitors.
MG Motor UK has expanded its dealer network to 153 sites following the appointment of four new franchisees.
Waylands Automotive has continued its expansion and strengthened an AM Awards-winning partnership with the acquisition of Grovebury Cars’ Kia UK dealership in Bicester.
Yeomans has completed the acquisition of Barnard & Brough Nissan from St Leonards Motors (SLM) Group.
Mercedes-Benz Retail Group has agreed a deal to sell its North London dealerships to top AM100 car retail group Sytner.
AM100 car retail PLC Caffyns plans to open new Lotus and Volvo dealerships after post-lockdown trading delivered a 26.3% rise in revenues and 207.9% surge in pre-tax profits in 2021/22.
CitNOW Group is expanding its international portfolio with the acquisition of multi-channel messaging software platform, Web1on1.
Lookers has continued to invest in its Volkswagen car dealerships with an investment of £2.1 million to transform its Preston franchised site into a “showcase location” for the German brand.
Glyn Hopkin’s Suzuki and Nissan dealership in Watford could be set to make way for 190 flats if plans created by developer London Square get the go-ahead.
Pendragon will open the doors to its first CarStore Experience Centre this weekend as it targets “first-class in person experiences for any customer” with its reimagined used car retail division.
Dacia UK brand director Luke Broad has said that the budget motoring brand has “seized every opportunity” as it celebrates the results of its first year under the ‘Renaulution’ strategy.
Marshall Motor Group has succeeded in condensing the operations of three Audi premium car dealerships into one flagship location with the opening of its new Audi Centre in South East London.
Eastbourne MG has taken car sales to the ‘high street’ with its relocation into the coastal town’s Langley Shopping Centre.
Kia’s 32,199 new car registrations in the first three months of 2022 made it the UK’s best-selling car brand year-to-date – almost 8% ahead of Ford in second place.
Brothers Glen and Thomas Obee have been awarded a new Strategic Success Award at the 2022 AM Awards in recognition of their work to grow Motorline, the AM100 dealer group which they sold to Marshall Motor Holdings in 2021.
BCA and cinch owner Constellation Automotive Group has received the regulatory approvals required from the Financial Conduct Authority (FCA) to complete its acquisition of Marshall Motor Holdings.
Cazoo has said that it cannot guarantee it will “achieve profit at all” in a newly-published document detailing the potential risks and pitfalls of its online car retail and vehicle subcription model.
Motorpoint has expanded to 17 used car retail locations with the opening of a new, 1.5 acre, 120-vehicle dealership in Portsmouth.
Stellantis has agreed a deal to acquire the Share Now car sharing mobility provider formed through a joint venture involving BMW and Mercedes-Benz.
