Cambria Automobiles could be trading as a private company by July 29 after a timeframe for the proposed management buy-out by chief executive Mark Lavery was decided this week.
Cumbria sports car retailer Parker & Parker has completed the construction of its new £5 million Porsche Centre South Lakes dealership.
Retirement home operator McCarthy Stone has renewed its appeal for car retail property as it looks to grow its existing portfolio of 1,300 retirement communities across the UK.
Car retailers left with rent arrears after COVID-19 stalled trading have been granted a nine-month reprieve from possible eviction.
Friends, colleagues and business associates of UHY Hacker Young partner Brian Leyland have paid tribute to the “always fun” property expert following his sudden death.
Carwow will provide car retailers with an opportunity to bid on privately-sold used vehicle stock following the completion of its acquisition of car buying comparison site Wizzle.
Swansway Group has invested more than £300,000 to replace all the light bulbs across its business with LED units.
Sytner’s CarShop is set to follow in the tyre tracks of Trade Centre UK by developing a new used car supermarket on the site of a former Showcase Cinema.
Sytner Group has gained planning permission to expand its BMW dealership in Coventry despite objections from local residents about noise and vehicle emissions.
Cars2 has secured freehold ownership of its Bradford Hyundai dealership and funded a new Pure Cars premium used car showroom in Wakefield after refinancing its debt with Barclays.
Reynolds and Reynolds has completed the acquisition of car retail customer contact specialist Gubagoo to drive forward the development of its Reynolds Retail Anywhere platform.
Cambria Automobiles chief executive Mark Lavery has said that he looks forward to “capitalising on the growth opportunities ahead” after agreeing the terms of the group’s management buy-out (MBO).
Devonshire Motors has completed a double with the addition of Hyundai Motor UK and Isuzu UK franchises to its award-winning car retail operation in Barnstaple, Devon.
Lloyd Motor Group has bought Inchcape's Jaguar Land Rover business in York, expanding its geographic footprint further into Yorkshire.
Stoneacre Motor Group has increased its Toyota, Lexus and Renault/Dacia representation with its takeover of RMB Motor Group in the North East of England.
JCT600 has overcome setbacks caused by the COVID-19 crisis to start work on its new £9 million Ferrari supercar dealership and service centre in Leeds – the highest value project in its history.
DM Keith has gained planning approval to expand its Braford Skoda dealership's used car sales site beside a major new road development.
Perrys Motor Sales has opened a new MG Motor UK dealership in Aylesbury, taking the brand’s network growth to 28th locations in just 12 months.
Marshall Motor Group will develop a new dual-franchise Jaguar Land Rover dealership for Cheltenham and Gloucester after acquiring the franchise from Heritage Automotive.
Stoneacre Motor Group has officially opened the first of three new Renault and Dacia dual-brand car dealerships – creating a multi-brand site alongside its Vauxhall franchise in Backburn.
Harwoods Group has opened the doors to its newly-developed Jaguar Land Rover (JLR) premium car dealership in Brighton.
Cazoo is poised to expand its physical car handover Customer Centre network into Doncaster after securing an 18,000 square foot facility in one of the town’s key automotive retail locations.
The board of directors at Cambria Automobiles has confirmed that chief executive Mark Lavery has been given more time to negotiate a management buy-out (MBO) of the AM100 car retail PLC.
Drive Motor Retail has further expanded its previously Vauxhall-dominated franchise portfolio with the addition of three new MG Motor UK dealerships in Leicester, Bristol and Darlington.
TrustFord has continued the consolidation of the Ford's car retail network in London through the acquisition of Cambria Automobiles’ franchises in Croydon and Wimbledon.
