car supermarket
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News 27 JanMotorpoint: reduced finance income and EV values to impact profits for ‘foreseeable future’
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.
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Acquisitions and deals 3 JanRRG and Norton Way owner acquires HPL used car supermarket group
RRG and Norton Way owner Marubeni Auto Investment has completed the acquisition of a majority shareholding in three-site used car supermarket business HPL Motors Group.
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News 14 NovHippo Motor Group scoops hat-trick of awards during growth drive
A trio of talented car retail sector employees from Hippo Motor Group have scooped a hat-trick of accolades at an annual business awards event.
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News 7 NovThe Car Group to open used car supermarket in ex-Vauxhall Ellesmere Port property
The Car Group has doubled its footprint with the acquisition of a former Vauxhall Motors premises in Ellesmere Port.
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News 3 OctAvailable Car warns of ‘significant challenges ahead’ despite 72% profit increase
The Available Car used car supermarket group has warned of “significant challenges ahead” despite delivering a 72% rise in pre-tax profit and 29.8% uplift in turnover in 2021.
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Car Dealer News 30 SepMotorpoint Edinburgh becomes used car supermarkets 18th location
Motorpoint officially opens the doors to its new used car supermarket site in Edinburgh today (September 30) – its 18th retail location in a growing network.
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Car Dealer News 29 JulInchcape opens 12th bravoauto used car supermarket in former CarShop Express site
Inchcape has grown its bravoauto used car supermarket division with the opening of a new store in Sytner’s former Volkswagen and CarShop Express dealership in Halifax.
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News 27 JulTrade Centre Group radio advert banned over ‘misleading’ £20 car finance offer
A Trade Centre Group radio advert which claimed that the retailer was offering “hundreds of cars” for sale with finance repayments of £20-per-week has been banned by the Advertising Standards Agency (ASA).
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News 5 JulMotorpoint to double Scottish presence with Edinburgh used car supermarket
Motorpoint is set to double its used car supermarket footprint in Scotland with the opening of a new location in Edinburgh.
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Car Dealer News 15 JunMotorpoint hauls in £21.5 million profit from used car sales
Used car dealer group Motorpoint has more than doubled its profits year-on-year, bringing them back to levels last seen before the pandemic.
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Car Dealer News 13 JunInchcape opens bravoauto used car retail sites in Stoke and Guildford
Inchcape has expanded its used car retail division with the opening of new stores in Stoke-on-Trent and Guildford.
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News 31 MayTrade Centre Group opens seventh used car supermarket after profits hit £22m
The Trade Centre Group has expanded into a seventh used car supermarket site after delivering record profitability in its 2021 annual financial results.
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People News 20 MayBig Motoring World appoints former Sytner CEO Laurence Vaughan as executive chairman
Expanding used car supermarket group Big Motoring World has appointed former Styner Group chief executive and chaoirman Laurence Vaughan as its new executive chairman.
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Used car 18 MayThe price is right: delivering margin in a turbulent used car retail sector
With retailers operating in an increasingly challenging used car environment where stock is in short supply and prices are continually adjusting, it has become even more imperative to price used vehicles correctly to both maximise margins and maintain stock turn.
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People News 13 MayCraig Heathershaw joins Available Car as chief operating officer
Available Car has appointed former Renault Retail Group regional operations director Craig Heathershaw as its new chief operating officer.
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Car Dealer News 12 May
Online experience win for FOW Fords of Winsford at 2022 AM Awards
The 2022 AM Awards winner of Online Consumer Experience of the Year – Independent Dealer – is the used car supermarket group Fords of Winsford, now known as FOW. Frosts Cars was highly commended.
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News 5 MayTrade Centre Group sponsors Formula Woman team ahead of 7th dealership opening
The Trade Centre Group has been announced as title sponsor of the Formula Woman GT Cup team.
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News 5 MayBig Motoring World opens Peterborough Fengate used car supermarket
Big Motoring World has opened its new 3.5 acre, 450-vehicle Peterborough Fengate store – expanding its footprint to five used car outlets.
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Car Dealer News 4 MayMotorpoint opens doors to new Portsmouth used car dealership
Motorpoint has expanded to 17 used car retail locations with the opening of a new, 1.5 acre, 120-vehicle dealership in Portsmouth.
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Car Dealer News 20 AprMotorpoint boosts coffers with £5m sale of Stockton used car retail site
Motorpoint chief executive Mark Carpenter has said the £5 million sale of the used car supermarket group’s Stockton site will provide the business with “further firepower” for growth.
