Car dealer news - Page 37
Lookers reports 8% revenue rise as takeover bid from Global Auto progresses
The AM100's third-largest car dealer group, Lookers, has revealed its first half 2023 trading secured 8% higher revenues year-on-year as it prepares for shareholders to decide whether to back a £504m takeover bid by Global Auto Holdings.
Online car dealer Cazoo still leaves investors awaiting share price growth
Investors in online car dealer Cazoo are still having to wait for share price growth despite its announcement this month that its gross profit on every car sold is almost four times higher than it was achieving during the first half of 2022.
Shelbourne Motors appoints Thompson as first chief operating officer
Alan Thompson has been tapped as the family-owned Shelbourne Motors’ first ever chief operations officer to support the retailer’s ambitious £3 million capital investment programme across its multi-franchise sites.