Pendragon has completed the disposal of its JLR dealership in Mission Viejo, California, fro £28.2 million.
Richmond Motor Group has completed the acquisition of Sparshatts Group less than a fortnight after being named as the highest-placed newcomer to the AM100 ranking of the UK largest franchised car retailers.
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.
Vertu Motors’ chairman Peter Jones described the AM100 franchised car retail group's 2018 financial performance as “a credible result” despite a 16.8% decline in profit before tax.
Pendragon has disposed of its two Hornburg Group Jaguar Land Rover (JLR) dealerships in California as it progresses its plans to reduce its exposure to premium brands and withdraw from the US.
Heritage Automotive has grown its Volkswagen Group representation and its presence in the motor-cycle sector with the acquisition Blade Motor Group and Blade Motorcycles for an undisclosed sum.
Direct Valeting Ltd has expanded its business to serve more 550 franchised dealerships in the UK, following its acquisition of Quality Assured Valeting Ltd.
Chapelhouse Motor Group has completed the acquisition of three motor retail sites from Bolton Car Company for an undisclosed sum.
Hendy Group expects to scale the AM100 with a turnover of over £1 billion following its acquisition South Coast-based Westover Group.
Fix Auto UK has announced that it acquired its first wholly owned independent repair centre, formerly Daventry Panel Craft.
Jardine Motors Group is preparing to open a new Audi dealership in Bolton following its acquisition of the current facility and planned new showroom from Inchcape.
Rybrook Group has completed its acquisition of the Jaguar Land Rover (JLR) franchised car dealership from Pendragon Premier Limited.
Marshall Motor Holdings is claiming the title of the UK’s largest Skoda dealer after its takeover of Progress Group.
Endeavour Automotive has expanded into Berkshire with the acquisition of three Volvo dealerships in High Wycombe, Maidenhead and Slough from HSF Group.
Marshall Motor Group has acquired Sandicliffe Motor Group’s Skoda franchises in Nottingham and Leicester to its portfolio of UK dealership sites.
Arnold Clark has completed the acquisition of Phoenix Car Company, with the transfer of assets and staff from the Paisley-based car retailer to take place on January 31.
Vertu Motors has completed the acquisition of online commercial vehicles retailer Vans Direct for a total consideration of £7.5 million.
Pentagon Motor Group has completed the acquisition of TrustFord dealerships in Warrington, St Helens and Runcorn to join the Ford franchise for the first time.
Hendy Group has followed up expansion in its South coast home territory with the acquisition of Hampshire-based Seward Group.
The Sinclair Group has strengthened its standing as Wales’ largest franchised retailer by adding another premium brand to its portfolio.
