Volvo Car UK chief executive Kristian Elvefors has informed the Swedish carmaker’s dealers of a three-month postponement to its planned roll-out of agency model new car retail.
Vanaways has moved to a new office complex to support its growing headcount.
Richmond Motor Group delivered an awards double at MG Motor UK’s annual awards, securing the brand’s retailer, group and aftersales dealer of the year accolades.
Motorpoint chief executive Mark Carpenter has insisted the car supermarket group will succeed in its goal of becoming a “highly profitable market leader” despite faltering finance commissions and used vehicle margins.
Roger Young Isuzu has been awarded the Dealer of the Year Award at the Isuzu Dealer Conference and Awards.
Chris Lee, the new managing director at AM100 motor retailer Howards Group says a focus on aftersales and finance renewals will help his team build on the group’s successful 2022.
Stoneacre Motor Group’s profit before tax soared by 63% to deliver a record set of annual financial results for 2021/22.
Lithia Motors’ Jardine Motor Group takeover talks have highlighted the undervaluation of UK car retail businesses, analysts have claimed.
Cambria Automobiles chairman and chief executive Mark Lavery has said his business is ready to enter “chapter two” of its development after the appointment McLaren finance director Paul Buddin as CFO.
Pendragon has said that car sales growth in Q4 helped propel it to a “better than expected” 2022 financial performance in a trading update published this morning (January 25).
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Lithia Motors has revealed that it views Jardine Motors as “a platform for future growth in the UK” after it emerged that the US-based car retailer was in advanced talks to acquire the AM100 car retail group.
Arnold Clark customers have had their addresses, passports and national insurance numbers leaked on the dark web following a cyber-attack on the car retail giant over the festive period.
Westerly Exeter and Cotswold Cheltenham have been crowned BMW and Mini Retailer of the Year at an annual awards event hosted by comedian Alan Carr and radio presenter Edith Bowman.
BYD will begin UK sales of its electric Atto 3 model in the coming weeks, following the appointment of five dealer partners.
Stellantis has ditched the Robins & Day brand for its UK car dealerships in the AM100 retail group’s 110th year of trading.
Life-saving car dealership staff from Burrows Motor Group and Baylis have come face-to-face with customers they helped revive after suffering cardiac arrests in their showrooms.
Cazoo plans to close sites and axe jobs in the UK as part of a ‘Revised 2023 plan’ following its 2022 exit from used car markets on the European mainland.
Hendy Group is poised to expand its retail partnership with Nissan through the opening of a new dealership in Crawley.
Marshall Motor Group has taken its Jaguar Land Rover (JLR) representation t 10 dealerships with the acquisition of the premium carmaker’s Leicester franchise from Sturgess Motor Group.
