AM100
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Car Dealer News 30 Mar
Marshall and Vertu bosses recognise workforces' NHS support efforts
Marshall Motors and Vertu Motors bosses Daksh Gupta and Robert Forrester have recognised the efforts of their car retail workforce to support the NHS and other key workers during the coronavirus lockdown period.
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Car Dealer News 24 Mar
Car retail bosses respond to coronavirus UK retail lockdown
Coronavirus-prompted car dealership closures resulting from Prime Minister Boris Johnson’s lock-down of non-essential retail businesses will see ‘80% of car dealership employees’ placed on Government salary support.
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Car Dealer News 19 MarMarshall and Hendy Group bosses offer coronavirus reassurance and support
Business leaders from the car retail sector have been taking to email and social media to reassure their members of staff and customers of their actions amid the COVID-19 coronavirus outbreak.
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Car Dealer News 18 MarPendragon braced for coronavirus after £117.4m 2019 loss after tax
Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
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People News 13 MarPendragon appoints Nikki Flanders as non-executive director
Pendragon has appointed Scottish and Southern Energy (SSE) divisional director and former chief operating officer of Opus Energy, Nikki Flanders, as a non-executive director.
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Car Dealer News 10 MarMarshall revenues rose 4.1% to a record £2.28bn in 2019
Marshall Motor Holdings reported revenues rose for a fifth year since its IPO, rising 4.1% to £2.28 billion in the AM100 car retailer group’s latest set of annual financial results.
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Car Dealer News 4 MarEU CO2 emissions rules causing UK car supplies to falter, says Cambria
Cambria Automobiles has claimed that a shift towards luxury car retail enabled it to maintain profits as manufacturers adjusted vehicle supplies to mitigate the impact of new EU CO2 emissions regulations.
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Car Dealer News 3 MarVertu Motors trading update highlights 2020 acquisition opportunities
Vertu Motors chief executive Robert Forrester suggested that the AM100 PLC will growth through the strong “pipeline of potential acquisition opportunities” in a trading update from the AM100 PLC.
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Car Dealer News 27 FebInchcape boosts 2019 turnover and profit with business disposals
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
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Market Insight 27 FebAM Live: Industry big hitters discuss the challenges for 2020
A whole range of issues were discussed by some of the industry’s biggest hitters, who pulled no punches about the challenges facing them as they go into 2020.
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Car Dealer News 7 Feb‘Powerful US performance' drives Group 1 to record financial results
Group 1 Automotive boss Earl J. Hesterberg has said that the retail group had been able to overcome “serious challenges presented by Brexit uncertainty in the UK” in 2019 thanks to its “powerful US performance”.
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People News 3 Feb
Inchcape chief executive Stefan Bomhard resigns post at AM100 PLC
Inchcape chief executive Stefan Bomhard has resigned his post with the car retail and import business to take up a position as the chief executive of Imperial Brands.
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Acquisitions and deals 16 JanVertu Motors acquires four Sytner Group Volkswagen dealerships
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.
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Car Dealer News 23 DecSytner Group opens £9m BMW Cardiff car dealership
Sytner Group has opened the doors of its £9 million BMW car dealership in Cardiff after contractor MCS Group met its Christmas deadline for completion.
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Car Dealer News 9 DecStoneacre Motor Group opens Volvo Sheffield dealership
Stoneacre Motor Group has opened the doors to a new Volvo Car UK dealership in Sheffield following a £6 million investment.
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Car Dealer News 27 NovSytner Group set to open £14m CarShop car supermarket in Bristol
Sytner Group’s used car supermarket division will launch a new drive-in service centre concept when it opens the doors to its 10th CarShop site in Bristol this weekend.
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People News 25 NovLookers recruits former HBOS CIO with 'valuable' regulatory expertise
Lookers has appointed former HBOS chief information officer Heather Jackson as a non-executive director of the company with effect from today (November 25).
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People News 21 NovDarren Guiver leaves Group 1 Automotive managing director post
Group 1 Automotive has parted company with its managing director Darren Guiver after the Spire Automotive founder decided to "take time away from the business”.
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Car Dealer News 20 NovCambria luxury car sales switch delivers 2018/19 results success
Cambria Automobiles’ transition towards luxury car sales with the opening of new Bentley, Lamborghini and McLaren showrooms has helped it to a 37.4% increase in profit before tax in its latest annual financial results.
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Car Dealer News 12 NovMotorline opens new Maidstone Lexus dealership
Motorline Group has officially opened the doors at its new Lexus franchised dealership in Maidstone – increasing its representation with the Japanese premium car brand.
