AM100
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Acquisitions and deals 30 NovInchcape agrees £29.7m sale of JLR Southampton dealership to Hendy Group
Inchcape UK has agreed the £29.7m sale of its Jaguar Land Rover (JLR) Arch Concept premium car dealership in Southampton to Hendy Group.
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Car Dealer News 24 NovAuto Trader and Chorley Group make five figure donations to Ben
Chorley Group has become the latest AM100 car retail group to respond to the Ben’s plea for help to plug a £1m funding gap – delivering a £10,000 Christmas gift to the automotive charity.
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Car Dealer News 20 NovAM100 2020 revealed - an AM webinar with Sytner, Swansway and TrustFord
The annual AM100 list of the biggest and best in automotive retail will be revealed at a webinar next week by AM and our new research and analysis partners, accountancy firm BDO.
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Car Dealer News 18 NovSnows sees Click & Go used car sales soar in ‘Lockdown 2’
Snows Motor Group has seen its offer of its ‘Click & Go’ click and collect used car retail offering deliver soaring sales results during COVID-19 ‘Lockdown 2’.
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Supplier News 17 NovGuest panel finalised for Wednesday's AM100 automotive webinar
The 2020 AM100 list of the UK's largest franchised dealers will be announced in an AM100 webinar on Wednesday (Nov 18) and our final guest panelist has been secured.
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Car Dealer News 11 NovLookers launches recruitment drive to fill 180 apprentice roles
Lookers has said that the launch of a recruitment drive to take on largest-ever intake of apprentices in 2021 is a sign of its “confidence and ambition for the future”.
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Car Dealer News 5 NovInchcape’s Q3 COVID-19 rebound ‘stronger than expected’ in UK and Europe
Inchcape’s car retail revenues declined 17% during Q3 despite a ‘stronger than expected’ COVID-19 recovery from its operations in the UK and Europe.
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Car Dealer News 4 NovFord network restructure leads to Perrys Retford dealership closure
Perrys has closed its Ford dealership in Retford as part of the car manufacturers plan to close almost half of its UK franchised car retail locations.
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Car Dealer News 3 NovHendy Group may appeal rejected £25m ‘motor village’ plans
Hendy Group is considering an appeal after a planning decision which rejected plans a £25 million ‘Motor Village’ multi-brand car retail site at Tunbridge Wells.
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Car Dealer News 22 OctPendragon ‘almost entirely’ offsets H1 losses in critical Q3
Pendragon has said that it “almost entirely” offset its losses from a COVID-19 impacted first half of the year with an eight-fold increase in underlying pre-tax profits in Q3.
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Car Dealer News 20 OctHarwoods opens 'future proof' Audi Portsmouth aftersales facility
Harwoods Group has completed the development of a new glass-sided Audi aftersales facility in Portsmouth in an effort to bring customers a “future now” car servicing experience.
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Acquisitions and deals 15 OctVertu confirms BMW acquisitions move after Inchcape disposals 'speculation'
Vertu Motors has confirmed that it is in discussion with a number of parties over the acquisition of “a number of BMW dealerships” following speculation that Inchape is set to sell a number of sites.
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Car Dealer News 14 OctSytner Group reports 36.6% decline in 2019 pre-tax profits
Sytner Group has reported a 1% decline in revenues and 36.6% decline in pre-tax profits in its 2019 annual financial results.
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Car Dealer News 13 OctMarshall targets £15m 2020 profit after ‘stunning’ September car sales
Marshall Motor Holdings has reforecast its 2020 performance expectations after a “stunning” September of new and used cars sales – targeting a £15m underlying profit before tax.
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Car Dealer News 7 OctVertu Motors’ accelerated COVID-19 recovery delivers £4.7m H1 profit
Vertu Motors’ COVID-19 recovery accelerated the AM100 PLC to a £19 million profit in Q2 to reverse a £14.3m Q1 loss and deliver a profit in a challenging period for automotive retail.
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Car Dealer News 1 OctSteven Eagell relocates Kings Lynn Toyota and opens new Lexus showroom
The Steven Eagell Group has opened a new Lexus used car showroom and aftersales facility in Kings Lynn with the relocation of its Toyota franchise in the Norfolk market town.
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Car Dealer News 29 Sep
Pendragon reports £31m H1 loss following COVID-19 lockdown blow
The financial blow dealt by COVID-19 coronavirus lockdown contributed to a £31 million underlying loss before tax at Pendragon, the AM100 group has reported in interim results published today.
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Car Dealer News 28 SepPentagon officially opens new Vauxhall Sheffield car dealership
Pentagon Motor Group welcomed Vauxhall sales director Stephanie Howson to Sheffield to officially open its new dealership facility in the city.
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People News 7 SepMarshall appoints Endeavour and Vertu directors to maintain growth strategy
Former Endeavour Automotive managing director Adrian Wallington has re-joined former employer Marshall Motor Holdings as commercial development director as one-of-four new appointments for the AM100 PLC.
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Car Dealer News 3 SepStoneacre owner Richard Teatum invests over £3m in Vertu Motors
Stoneacre Motor Group’s founder and owner Richard Teatum has invested over £3 million in rival car retail group Vertu Motors.
