Abu Dabi investors CYVN Holdings, who already back British luxury car start-up Forseven and China's EV firm NIO, have completed the acquisition of supercar firm McLaren Automotive and promise to secure its future.
For many dealer groups any interest in sustainability comes low on the priorities list, but AM100 motor retailer Sinclair Group is tackling it proactively. Its head of strategic development Richard Seaward explains how sustainability and profitability can go hand in hand.
MBNI Holdings, parent company of MB Truck & Van and Rossetts, has officially completed its transition to full ownership under Pauline McKeating.
Volkswagen Group UK has been named a Silver Carbon Literate Organisation (CLO) driven by efforts from head of aftersales business development Leanne Thomas.
Motus Group UK, the AM100 franchised dealer group which owns the Pentagon Motor Group and Motus Truck & Van businesses, has completed its disposal of the latter company.
With battery technology still evolving and supply chains facing complex challenges, the role of dealer networks is being redefined. Robin Brundle, a former dealer group boss and now chairman of Recyclus Group, offers his insights into the challenges and opportunities ahead.
Automotive specialist Motor Marketing Group has completed the acquisition of Motor Socials to expand its services for dealer groups.
Dealer tech firm Pinewood Technologies Group is making a £33 million acquisition of Dubai-based artificial intelligence and machine learning company Seez, with an aim to enhance its offerings to motor retailers.
Yorkshire-based AM100 dealership group Cars2 has been sold by its shareholders to an Employee Ownership Trust (EOT).
Australia-based parts solutions firm Infomedia is to acquire 50% of European AI startup Intellegam for £503,630 in a bid to enhance product-led growth across its data ecosystem.
The former Redditch home of Arrow Motor Auctions has been put on the market for lease.
Cash-strapped used car supermarket Big Motoring World is looking to free up capital by entering into a sale and leaseback agreement for its key facility in Peterborough.
Electric vehicles (EV) are demonstrating rapid improvement in reliability, with a 12 per cent lower likelihood of failure for each successive year of production, according to new research by a multinational team of researchers.
An influential environmental group is urging the government to strengthen its commitment to its zero emissions goals by focusing financial support on small and affordable EV models to ensure all segments of society get to benefit.
Ian Pugh, managing director of Fix Auto UK, has been appointed group managing director of the newly established Advantage Group of Companies which now includes Fix Auto UK, Advantage Parts Solutions UK, and Fix Auto UK’s network of corporately owned repair centres.
Chairman of Scottish dealership group Peoples Brian Gilda talks to AM about the strategic decision to expand into Chinese car brands BYD and Chery twin brands Omoda and Jaecoo, bringing to a close the dealership group’s exclusive relationship with the Blue Oval.
Steer Automotive Group has acquired the collision repair specialist Accident Repair Centre Group (ARC Group) which operates across the south west of England, strengthening its regional presence.
Family run business TMS Motor Group has secured its third Kia dealership with an acquisition completed just ahead of Christmas.
Honda and Nissan are planning to merge in a strategic move to counter growing competition from the Chinese car industry.
Top 10 AM100 group Arnold Clark has expanded, taking on new Renault and Dacia dealerships at Birkenhead and Liverpool.
Dealer group DM Keith, which became the UK's 50th largest motor retailer in this year's AM100 list, is opening another dealership for ambitious Chinese car brand BYD on January 2, 2025.
Park's Motor Group is set to start 2025 with expansion in Aberdeen, Edinburgh and Motherwell through an acquisition of multiple dealerships.
Wingrove Motor Company, a family-operated dealership group with a 99-year history, has been acquired by AM100 giant Arnold Clark.
RCM Saga has acquired Motus Truck and Van, the Mercedes-Benz Truck and Van division of AM00's Motus Group (UK), for an undisclosed sum.
Porsche Retail Group (PRG), the wholly-owned retail arm of Porsche Cars Great Britain (PCGB), is to acquire Porsche Centre East London and Porsche Centre South London from Lithia UK.
