AM100
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People News 22 AugPendragon Vehicle Management welcomes Marc Samuel as B2B director
Pendragon Vehicle Management (PVM) has welcomed former Honda UK fleet sales operations manager Marc Samuel as its new director of B2B.
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People News 21 AugInchcape appoints Gijsbert de Zoeten as chief financial officer
Inchcape has appointed former LeasePlan chief financial officer Gijsbert de Zoeten as its own CFO following Richard Howes’ decision to leave the AM100 car retail group.
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Car Dealer News 16 AugPendragon agrees £17.2m California Chevrolet dealership disposal
Pendragon has completed the £17.2 million disposal of its Chevrolet car dealership in Puente Hills, California.
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Car Dealer News 14 AugLookers implements £10m ‘remedial action plan’ ahead of FCA investigation
Lookers is investing £10 million over the next two years in a bid to deliver a “gold-plated” sales process ahead of the launch of an official investigation of the business by the Financial Conduct Authority (FCA).
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Acquisitions and deals 6 AugBrayleys Cars adds four dealerships with Thames Honda acquisition
Brayleys Group has more than doubled its representation of Honda with the acquisition of Thames Honda for an undisclosed sum.
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Car Dealer News 2 AugSnows Motor Group opens seventh Seat showroom in Basingstoke
Snows Motor Group has become the UK’s largest franchised partner of Seat with the opening of a seventh dealership with the Spanish car brand in Basingstoke.
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Car Dealer News 2 AugJCB Group opens its first Suzuki GB car dealership at Ebbsfleet
JCB Group has been revealed as Suzuki GB's latest new franchisee with the opening its first showroom with the brand in Ebbsfleet, North Kent.
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Car Dealer News 24 Jul
Vertu Motors reports 8.1% service revenue growth amid faltering car sales
Vertu chairman Peter Jones will tell this morning’s car retail group AGM that the group experienced profit declines of £2.3 million from new car sales and £1.1 million from use in the four month period to June 30.
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Acquisitions and deals 23 JulMotorline and Group 1 acquire Inchcape dealerships
Motorline has trebled its Audi representation in Kent with the acquisition of a further two dealerships sites from Inchcape Retail.
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Acquisitions and deals 22 JulSinclair Group acquires Pendragon's Stratstone JLR Swansea dealerships
Sinclair Group has added its first Jaguar franchise and a second Land Rover dealership to its growing portfolio with the acquisition of Pendragon’s Stratstone Jaguar Land Rover Swansea businesses.
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Car Dealer News 4 JulVertu awards inducts 27 more 'masters' with Anton and Erin
Vertu Motors has inducted 27 new members into its Masters Club, which recognises colleagues from the group’s 125 dealerships who have excelled in their role and delivered outstanding levels of performance.
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Acquisitions and deals 1 JulAM100 newcomer Richmond Motor Group acquires Sparshatts Group
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.
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Car Dealer News 27 JunPendragon chief executive Mark Herbert to leave the business
Pendragon’s recently-appointed chief executive, Mark Herbert, will leave the business at the end of this month according to a statement issued via the London Stock Exchange.
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Car Dealer News 25 JunStock Exchange reacts to FCA investigation of Lookers’ sales processes
Lookers has said that it is “cooperating fully” with the Financial Conduct Authority (FCA) as the regulator announced that it was commencing an investigation into the car retail group’s sales process.
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Events galleries 20 JunThe 2019 AM100 Dinner: Awards, highlights and picture gallery
Last night's 2019 AM100 Dinner highlighted how franchised dealers groups are battling a decline in new car profits with growth strategies for the other departments in their businesses.
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Car Dealer News 17 JunHR Owen delivers four-fold pre-tax profit growth in three years
HR Owen’s annual financial results for 2018/19 have revealed that the London-based supercar and luxury car retailer has delivered a four-fold increase in pre-tax profits in the three years since its acquisition by the Malaysian Berjaya Group.
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Car Dealer News 12 Jun
Pendragon seeks ‘self-help opportunities’ after significant loss predictions
Pendragon needs to refocus its Car Store used car supermarket strategy as it seeks out “self-help opportunities” in light of an operational business review which predicted that the group would make a significant loss in H1, 2019.
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People News 10 Jun
Caffyns appoints Stephen Bellamy as non-executive director
Caffyns has appointed Stephen Bellamy as a new independent non-executive director and chairman of the board's Remuneration Committee.
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Car Dealer News 4 JunLookers to unite JLR brands at new Buckinghamshire dealership
Lookers has unveiled its plans for a new Jaguar Land Rover (JLR) Arch Concept dealership facility in Buckinghamshire.
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Car Dealer News 31 MayLookers reports ‘continued strong momentum’ in AGM trading update
Lookers has reported growing turnover and profitability across new and used car sales and its aftersales operations in a trading update announced at its AGM today.
