Cazoo reported seeing a “clear path for significant Retail GPU improvement” from its online used car sales after reporting a £550 million loss in 2021.
Norton Way has reimagined its used car retail model with the launch of its new Carverse dealership in Knebworth.
Taxi and van manufacturer LEVC has appointed a new dealer for the Greater Manchester region.
Marshall Motor Holdings chief executive Daksh Gupta has highlighted shareholders’ three-fold return on investment on the seventh anniversary of the car retail group‘s IPO on the London Stock Exchange.
Renault Retail Group will be the first Dacia retailer to adopt the brand’s new corporate identity at its dealerships, with rebadged vehicles on their way later in 2022.
Sytner Group has added a trio of BMW and Mini dealerships with the acquisition of Stevenage-based Specialist Cars.
Lookers has completed the sale and leaseback of its freehold Volkswagen car dealership property in Battersea for £28 million.
The Hilton Group has officially opened its new 75,000 square foot classic car showroom, restoration and accident repair facility in Bishop’s Stortford.
Shelbourne Motors is expanding its multi-franchise Newry complex with a new Maxus dealership.
The UK’s large car retail groups and PLCs will be joined by international investors and disruptors such as Cazoo and Constellation Automotive in what is likely be a record year for mergers and acquisitions.
Pendragon is set to become the UK’s first Jaguar Land Rover (JLR) franchisee to showcase a new 'Modern Luxury' dealership design philosophy for the OEM’s premium brands.
Auto Trader is set to take control of the Vanarama leasing business after agreeing a deal to acquire its parent business Autorama.
Swedish car retailer Hedin Group could be lining up a second takeover bid for Pendragon after having an initial £400m offer rejected, it has been reported.
Park’s Motor Group has extended its representation of Renault, Dacia, MG and Nissan with the acquisition of Mackie Motors’ Arbroath and Brechin car dealerships.
Inchape is pulling out of the Russian market as a result of the ongoing conflict in Ukraine.
BMW Group has bought Alpina and will bring the turning firm in-house.
Chorley Group managing director Adam Turner has said further growth is on the cards after the family-run car retail group added two new Citroen dealerships with the acquisition of BCC Cars.
Johnsons Cars has added six Volkswagen and Skoda dealerships and its first Trade Parts Specialists (TPS) businesses through the acquisition of Trust Group UK.
Motorpoint's retail footprint has expanded to 16 used car retail locations with the opening of a new two-acre, 120-vehicle dealership in Maidstone.
JT Hughes Group has become the latest former Mitsubishi franchisee to join the Isuzu UK pick-up retail network.
Park’s Motor Group has joined the Lexus franchise and added to its representation of Hyundai, Skoda and Toyota through the acquisition of Borders Motor Group.
Johnsons Cars’ Solihull Volkswagen showroom site has been sold for £15 million after being identified as a “none-core asset” by its new owner.
Tesla has made planning applications to adapt a former Porsche dealership in Dorset into a new showroom for its electric cars.
Electric car manufacturer Tesla is behind plans to redevelop a DIY store in Bristol into a car showroom and service centre.
Park’s Motor Group have opened the doors to a new Nisan dealership in East Kilbride.
