car dealer news
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Market Insight 22 AugMPs highlight car dealers’ ‘inadequate support’ for low-emission vehicles
MPs who suggested that climate change targets require many UK motorists to ‘ditch the car’ completely by 2050 have questioned the commitment of car manufacturers and dealers to the promotion of alternative fuel vehicles (AFVs).
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People News 20 AugCar retail group founder John Mulholland loses cancer battle
Tributes have been paid to car retail group founder John Mulholland after he lost a battle with cancer at the age of 55.
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News 19 AugMotorpoint opens new Champion House head office in Derby
Motorpoint has officially opened the doors of its new 7,000 square foot headquarters in Derby.
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Latest News 19 AugInchcape Retail business managers pass IMI Accreditation
Inchcape Retail has seen 20 of its business managers pass the IMI Accreditation for Finance and Insurance standards.
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Car Dealer News 19 AugBrayleys Cars Kia Oxford launches new car rental service
Brayleys Cars’ Oxford Kia dealership has become the latest franchised retailer to launch a new car rental facility as part of the Korean brand’s ‘Try Before You Buy’ initiative.
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Car Dealer News 19 AugHatfields Group delivers record profits and revenue in 2018
Hatfields Group has published details of record profitability in a set of 2018 annual financial results which revealed a 7% increase in turnover and 17% growth in profit before tax.
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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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Car Dealer News 13 AugRichard Hardie opens Northumberland's first MG Motor UK dealership
Richard Hardie Group has expended with the opening of a new MG Motor UK franchised car dealership in Ashington, Northumberland.
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Car Dealer News 9 AugRead Motor Group overcomes ‘aggressive competition’ to grow profit
Read Motor Group has said that it overcame ‘”aggressive competition” in the new car retail sector to grow turnover and profit during 2018.
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News 9 Aug
Residents concerned about car dealer’s garden centre redevelopment
Residents have raised concerns about an independent car retailer’s plans to redevelop a former garden centre into a dealership with space for 100 vehicles.
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Car Dealer News 7 AugFord retailer Pertwee & Back posts loss amid reduced fleet focus
Ford franchisee Pertwee & Back has suffered a 43.4% decline in turnover as it slipped into loss following a decision to improve profitability by placing a “greater emphasis on higher margin retail sales”.
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Market Insight 6 AugCar dealers endured 31.7% year-on-year June profit decline
Car retailers recorded an average decline in profit of 31.7% during June as the average sum earned declined by £13,000 to £28,000 during the month, ASE has reported.
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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 5 AugMarshall hosts JLR Lincoln showroom opening event
Marshall Motor Group hosted around 600 people at an official opening event for its £10 million, 40,000 square foot Jaguar Land Rover (JLR) dealership in Lincoln.
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Car Dealer News 2 AugPlatinum Motor Group becomes SsangYong Motors UK car dealer
SsangYong Motor UK has added Somerset’s Platinum Motor Group to its list of franchisees with the opening of a new dealership in Frome.
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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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Acquisitions and deals 1 AugPentagon Motor Group to acquire Loughborough’s Archie Moss Vauxhall
Pentagon Motor Group intends to grow its Vauxhall representation to 13 franchised sites with the acquisition of Archie Moss Vauxhall in Loughborough.
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Car Dealer News 1 AugMotorline exits Bluewater Hyundai Store amid 'viability' concerns
Motorline has ended its involvement in the Hyundai Bluewater Store after 16 months, stating that it does “not believe the mid- to long-term viability” of the shopping centre new car sales concept.
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Car Dealer News 1 AugWorleys Garage opens High Wycombe Suzuki dealership
Worleys Garage has opened a new High Wycombe Suzuki GB franchise in its former Citroen dealership site in the Buckinghamshire town.
