Beadles Group has reported a 12% decline in pre-tax profits to £2.6 million in its first set of annual results since its acquisition by Group 1 Automotive.
Group 1 Automotive, ranked 10th in our latest AM100 listing of the UK’s largest dealer groups, is set to climb further up the table with a major acquisition.
Beadles Group, a franchised group with 11 dealerships in Kent and South East London, is using FullAuction to significantly boost its trade cars sales.
Beadles Group has taken on the Kia franchise and with a Red Cube dealership in Coulsdon, South London.
Beadles Motor Group has added Vauxhall to its brand portfolio and will open a new dealership in Maidstone on July 13.
Winner: Beadles Group
Winner: Beadles group
Kent-based Beadles Group's Volkswagen outlet in Sevenoaks has been ordered by an employment tribunal to pay more than £170,000 damages to a former employee for sexual harassment.
Receivers KPMG has concluded the sale of HMG (Southern) Ltd, trading as Wolfe Volkswagen in Sevenoaks for an undisclosed sum, to Beadles Group Ltd.
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 7 2019
Where: Birmingham NEC
Find out what features are in this month's, and future, issues