Lamborghini is preparing to roll out its first approved used programme as parts of plans to prepare its UK car dealers for a doubling of sales volumes following the launch of its forthcoming Urus SUV.
Volvo Car UK’s sponsored dealer programme bore its first fruits when dealer principle Chris Carr opened the doors to Volvo Cars Shrewsbury for the first time.
Slaters of Abergele has announced that it will close its Abergele Nissan dealership due to ‘pension deficit’ – with staff from the facility now facing redundancy.
Polestar has plans to create a dealer network of 80 franchised sites by the end of 2020 as part of plans to bring the electrified performance car brand to market via an innovative subscription platform.
Stoneacre made it three new acquisitions since the start of 2018 with its move for Platts Garage’s multi-franchise site in Stafford.
Car dealers’ relationships with their manufacturer partners have suffered “further deterioration” amid the current uncertainty of the retail market, according to the latest results of the NFDA’s biannual Dealer Attitude Survey.
Skoda named John Mulholland Motors Ltd as its Retailer of the Year for a third time as it celebrated the top performers in its UK car dealership network.
March’s usual flurry of new car deliveries has been put on ice at many car dealerships across the UK as The Beast From the East blighted retailers striving to deliver 18-plate handovers despite the snow.
Inchcape has reported that the global reach of its automotive retail and distribution businesses helped to offset the UK market’s “slower growth” in 2017.
The Dick Lovett Group has opened its first Jaguar Land Rover dealership following the creation of a new 54,000 square-foot Arch Concept facility in Melksham, near Bath.
Stoneacre Motor Group has followed-up its January acquisition of Nottingham’s Chris Variava dealership complex with the completion of a deal to secure Burrows Motor Group’s Hyundai and Fiat franchises in Sheffield.
The champagne corks from the AM Awards 2018 might have long-since landed but the high-points of the night are still fresh in the memory of attendees.
Pendragon’s share price has rallied following the publication of full-year financial results revealed the AM100’s second largest retail group had suffered a 19.9% dip in underlying profit before tax.
Motorline has started 2018 with the opening of a £14.5 million car dealership development at Gatwick, featuring Lexus, Hyundai and Peugeot showrooms.
Jennings Motor Group has celebrated reaching new heights with its charitable work after its two-year fundraising effort in aid of the Great North Air Ambulance Service (GNAAS) succeeded in raising over £250,000.
DS Automobiles has announced plans to have 400 standalone DS dealerships across Europe, with 60 in the UK, by the end of 2018.
MPs have called for the return Motability scheme funds to the treasury after it emerged that the charity was holding on to £2.4 billion after “decades” of underspending to the tune of more than £200 million-per-year.
Car retailers face a £158.5 million tax rise over the next five years as “further increased liabilities if investing” place further pressure on an industry which has lost one-in-ten locations since 2009.
Car dealers who generated an £17,000 average profit in December 2016 suffered the effects of a £400 loss 12 months later, according to ASE.
Northern Ireland’s Donnelly Group has acquired Eakin Bros’ County Londonderry Vauxhall franchise in an expansion which saw it claim to be “the home of Vauxhall in the North West”.
