Aston Martin has appointed former Ferrari chief executive Amedeo Felisa as its new CEO as Tobias Moers stands down after less than two years at the helm of the British performance car maker.
Tees Valley Motors has joined the SsangYong Motors UK network after successfully completing its switch from the discontinued Mitsubishi Motors in the UK car retail franchise.
The car retail sector’s MotorEasy, Warranty Assist, Motokiki and Motor Angel aftersales customer acquisition and retention tool suppliers have been brought together through the launch of Intelligent Motoring.
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Buyacar founder Andy Oldham has left his position with the business’s new owner, Autovia, after a new strategic direction brought an end to the platform’s online sale of used cars and motor finance.
Cazoo has revealed that its gross profits and profit-per-unit both declined as its online used car sales soared to deliver record revenues in Q1 2022.
Prices for used LCVs at auction have slipped below guide estimates as greater levels of stock enter the market.
Sherwoods Motor Group’s Gateshead Citroën dealership has been awarded the car manufacturer’s retailer of the year accolade for a second consecutive year.
Car retailers should grow aftersales revenues from increased hybrid car business to soften the financial impact of the UK automotive sector’s shift to electric vehicles (EV).
Bowker Motor Group has appointed Ben Gornall as its new finance director.
Stellantis has agreed a deal to acquire the Share Now car sharing mobility provider formed through a joint venture involving BMW and Mercedes-Benz.
Group 1 Automotive has revealed record turnover and profits in an ‘outstanding’ Q1 for its car retail operations in the US and UK.
Devonshire Motors has launched a unique Excellence Academy to focus on essential skills that “aren’t taught particularly well anywhere else” as it makes employee development a priority in 2022.
The National Franchised Dealers Association (NFDA) has assured its members that it is continuing to scrutinise several “issues and ramifications” linked to car manufacturers’ implementation of agency model car retail.
Kia Motor UK customers are experiencing the Korean brand’s new corporate identity (CI) for the first time ahead of the official opening of its redeveloped dealership in Bolton.
Sytner Group and Car Shop owner Penske Automotive has revealed “all-time record quarterly results” in Q1 2022 in a trading update from the car retail giant.
Arnold Clark chief executive Eddie Hawthorne, Pendragon chief marketing officer Kim Costello and Auto Trader’s chief operations officer Catherine Faiers are among the headline speakers at this year’s Driving Digital conference.
Motor finance company, Oodle, has announced changes to its leadership team, including the appointment of Richard Gaskin as chief executive designate.
James Collingwood was offered a job at Bristol Street Motors by chief executive Robert Forrester following a TV appearance 10 years ago.
Research by Motorway has revealed that sellers in Britain lose up to £7 billion when selling their cars.
Marshall Motor Holdings has featured in the annual Best Workplaces by Great Place to Work UK, for the eighth year running.
AM100 dealer group Brayleys is set to climb up the rankings from its current 89th position with its acquisition of Orpington Honda from Lookers.
Urgent action is needed to protect the UK car manufacturing sector after production volumes slumped 32.4% on a COVID-impacted 2021, according to the Society of Motor Manufacturers and Traders (SMMT).
Inchcape has forecast a 25% rise in pre-tax profits in 2022 despite its withdrawal from Russia’s car retail sector and a vow that it has “no intention to re-enter the market”.
Vertu Motors has invested £2 million to create a new multi-franchise Macklin Motors car dealership in Dunfermline.
A quarter of in-market car buyers say they are more likely to buy from British brands or choose cars manufactured in Britain to support the automotive sector.
Beechwood Motor Group’s Derby dealership has been named as Mazda UK’s retailer of the year after topping the Japanese car maker’s annual Dealer League rankings.
The Independent Garage Association (IGA) has slammed suggestions from Transport Secretary Grant Shapps that the UK Government could scrap annual vehicle MOT tests in a bid to tackle the cost of living crisis.
British supercar manufacturer McLaren Automotive has appointed Ferrari chief technology officer Michael Leiters as its new chief executive.
Pendragon’s push to “maximise margins” on its new and used car sales to mitigate against automotive supply constraints have helped deliver a 73.1% increase in Q1 pre-tax profits.
