Greenhous appointment

Greenhous Group said its plan to diversify away from the "normal dealer and manufacturer model" has helped it see a 16% increase in pre-tax profit performance for its annual results to £30.6 million.

Fast-growing Chinese brand BYD is planning a rapid expansion across the UK, aiming to more than double its retail footprint by the end of the year.

Greenhous Group has opened its first Leapmotor location at its showroom in Telford.

This year’s Automotove Summit organised by the Vehicle Remarketing Association heard Danny Minshall, Greenhous’ regional retail director, outline the business’ belief that staying agile and adaptable will continue to be the key to thriving.

The remarketing sector is on the cusp of a transformative era as artificial intelligence (AI) integrates into processes like vehicle health assessments, movement logistics and optimising stock selection.