Motorvogue is set to join the Peugeot franchise with the addition of Desira Group’s franchise in Bury St Edmunds after vowing to invest a further £2 million into car dealership improvements.
Hedin Group’s ‘put-up or shut-up’ deadline for a takeover offer for Pendragon PLC has been extended to December 9.
Chancellor of the Exchequer Jeremy Hunt revealed that electric vehicles (EV) will not be exempt from road tax from 2025 in an Autumn statement which claimed to prioritise “stability, growth and the protection of public services”.
A collection of classic cars from BMW and Minis’ past took centre stage as Dick Lovett Group officially opened its new premium car dealership in Melksham.
The ownership of franchised car retail business Peter Ambrose Peugeot is set to start a “new chapter” under new ownership after being sold to a trust formed by its employees.
Rygor Commercials is preparing for a new era of ownership after sales director John Keogh and head of truck sales Rish Channa completed a management buy-out (MBO) of the business.
Vertu Motors has revealed that it is engaged in “advanced discussions” over the potential acquisition of £512 million turnover premium car retailer Helston Garages Group.
Planning officials in Dundee have given Eastern Western Motor Group’s permission to redevelop the city’s former Levi’s jeans factory site to accommodate new Toyota and Lexus car dealerships.
Bristol Street Motors has spent £1m transforming its Harlow Peugeot dealership into a multi-franchise site.
Planning officials have given the green light for Dick Lovett Group’s new flagship Porsche Centre in South Wales.
Isuzu UK has welcomed Monaghan Bros to its dealer network, expanding the brand’s footprint with a new showroom in Enniskillen, Northern Ireland.
Dubai-based franchised car retailer AW Rostamani Group has broadened its UK footprint with the acquisition of nine West Way car retail sites from Nissan Motors GB.
The Stellantis-owned used car retail business Aramis Group has acquired Cazoo’s Italian operations as the online retailer continues its withdrawal from Europe to focus on cost savings and the UK market.
Vertu Motors has become the UK’s largest BMW Motorrad motorcycle retailer with the £4.4 million acquisition of two Yorkshire dealerships from Saltaire Motor Company, which trades as Allan Jefferies.
Shoreham Vehicle Auctions (SVA) has switched on its 135 solar panels, bringing the business a step closer to achieving carbon neutrality.
Specialist Cars Nissan of Aberdeen has moved to a brand-new showroom that incorporates Nissan’s new corporate identity.
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).
