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Lookers' boss Andy Bruce says AM100 group would expand in Scotland

Andy Bruce

Lookers’ chief executive Andy Bruce says he would acquire more dealerships in Scotland.

He told Scottish news website Herald Scotland his plan was inspired by rising sales there which had helped it post record results. 

Bruce (pictured), who comes from Glasgow, said sales grew twice as fast in Scotland as other parts of the UK, through its Lomond and Taggarts operations.

“We would be open to expand in Scotland if we could,” he said.

Asked if it would be interested in buying in Scotland, he told the site: “We certainly would be if it’s the right proposition. Scotland has been a happy hunting ground for us.”

Lookers has 15 dealerships in Scotland out of a total of 124. However, around 20% of business is generated in the country.

Expansion in Scotland has most recently included the opening of a £3.5m Audi used car showroom and aftersales service centre in Hamilton in July.

Lookers, number four in the AM100, reported its seventh successive year of profit improvement in the six months to June 30, 2015, earlier this month.

Revenue was up 9% on 2014 to £1.75 billion and profit before tax increased to £39.9 million, up 6%.

> AM100

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