Silbury Skoda in Cramlington, Northumberland, has been taken over by Pulman Group, an existing Volkswagen Group franchisee with Skoda dealerships already in nearby Durham and Sunderland.
Pendragon has completed the £16.5 million sales of its Chevrolet dealership in Puente Hills, California, to JBR Automotive six months after agreeing the sale to another car retail group.
Citygate Automotive has confirmed its acquisition of Inchcape Retail’s Volkswagen dealerships in West London and Twickenham – six weeks after AM reported on the impending deal.
Vertu Motors has added to the recent flurry of acquisitions and disposals within the Volkswagen retail network with the £8.8 million acquisition of four dealerships from Sytner Group.
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
Sturgess Motor Group has completed the sale of its Volvo Car UK franchise in Leicester to TMS Motor Group after revealing a pre-tax loss of £1.26 million in its 2018 annual financial results.
Inchcape looks set to continue its recent round of business disposals after agreeing to sell its Inchcape Fleet Solutions (IFS) UK vehicle fleet management and funding division to Toyota for £100m.
Auto Trader has bought KeeResources, one of its data suppliers, in a move it hopes will help make consumers' car buying experience better.
Pendragon has completed the £17.2 million disposal of its Chevrolet car dealership in Puente Hills, California.
Rotherham motor factor Leisureways UK has been taken over by Autosupplies Group, which trades as Autosupplies (Chesterfield) and Butlers Automotive.
The board of BCA Marketplace has given its backing to a takeover bid from private equity firm TDR which values the group at £1.9 billion.
Marshall Motor Holdings is claiming the title of the UK’s largest Skoda dealer after its takeover of Progress Group.
The Sinclair Group has strengthened its standing as Wales’ largest franchised retailer by adding another premium brand to its portfolio.
Dubai-based conglomerate AW Rostamani has made its first acquisition in the UK, taking a majority stake in Brayleys Motor Group, whose franchises include Honda, Kia, Mazda and Renault/Dacia.
Drive Motor Retail has increased its presence with Vauxhall in the North East with the addition of three new dealership through the acquisition of Darlington-based Sherwoods Group.
Now Motor Retailing has gone into administration, however its five Vauxhall dealerships have been rescued by PSA own dealer group, Go Motor Retailing, and Eden.
Arnold Clark has bought the Alistair Fleming Citroen dealership in Kilmarnock from collapsed parent business TOM Group.
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
Stoneacre made it three new acquisitions since the start of 2018 with its move for Platts Garage’s multi-franchise site in Stafford.
Vantage Motor Group has acquired Charles Clark Motors’ Toyota and Lexus dealerships in Wolverhampton for an undisclosed sum – growing the group to 24 sites.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues