Car Dealer News 9 Feb
Sytner owner Penske Automotive reports record 2022 performance
Sytner Group and CarShop owner Penske Automotive has reported a record set of annual financial results in which revenues rose 9% and pre-tax profits swelled by 16%.
Car Dealer News 29 Jul
Inchcape 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.
Car Dealer News 28 Jul
Sytner owner reports £412m pre-tax profit in record Q2 trading update
Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).
Used car 18 May
Swift action needed from car retailers when used market changes gear
The used car market has been enjoying stellar growth over the past two years as demand has outstripped supply; there has been a lack of new vehicle availability and more buyers are willing to pay a premium.
Car Dealer News 29 Apr
Sytner Group owner Penske Automotive reports ‘all-time record’ Q1 performance
Sytner Group and Car Shop owner Penske Automotive has revealed “all-time record quarterly results” in Q1 2022 in a trading update from the car retail giant.
Car Dealer News 10 Feb
Sytner and CarShop owner Penske accelerated turnover and profit in 2021
Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.
Car Dealer News 19 Jan
CarShop celebrates ‘astounding’ success of Leicester Express Store
Sytner Group’s CarShop used car division is celebrating the “astounding success” of its first Express Store concept retail site in Leicester.
People News 12 Jan
Carzam appoints Laura Chapman as chief people officer
Carzam has expanded its senior leadership team with the addition of Laura Chapman as the company’s first chief people officer.
Latest News 21 Dec
Omicron exposes anti-vaxxers as car retail sector’s ‘biggest disruptor’
Rising cases of the Omicron variant of COVID-19 are exposing anti-vaxxers as the car retail sector’s biggest business disruptor, it has been claimed.
Car Dealer News 14 Dec
Register to watch today's Improving Stock Turn webinar
Motor retail executives from CarShop, Humphries And Parks, Available Car and eDynamix will discuss methods of improving stock turn at this afternoon's AM webinar.
Talent & People 8 Dec
Is car retail restructure the only route out of sector's 'staffing crisis'?
Marshall Motor Holdings chief executive Daksh Gupta has called for OEMs to accelerate cuts to their franchised networks as part of efforts to solve the retail sector’s staffing crisis.
Latest News 9 Nov
Sytner’s CarShop launches UK-wide vehicle technician recruitment drive
Sytner Group’s CarShop used car supermarket division has launched a recruitment drive to find vehicle technicians, MOT testers, body shop technicians, SMART repairers and painters.
Car Dealer News 22 Oct
CarShop adds fourth used car supermarket in Yorkshire with Haifax Express store
Sytner Group’s CarShop used car supermarket division has opened a new retail site near Halifax, taking its number of Yorkshire retail sites to four.
Car Dealer News 30 Sep
Sytner Group 2020 financial results reveal 39.8% rise in pre-tax profit
Sytner Group has revealed a 39.8% rise in pre-tax profits despite COVID-19 enforced showroom closures during its 2020 financial year.
Used Cars 7 Sep
CarShop to open second Express store in Leighton Buzzard
Sytner Group's CarShop used car division will open its second Express store in Leighton Buzzard following the successful launch of the first site in Leicester earlier this year.
People News 20 Aug
Former Sytner CarShop CEO Jonathan Dunkley joins Cazoo
Former CarShop chief executive and Sytner Group board member Jonathan Dunkley has been appointed as senior strategic advisor at online car retailer Cazoo.
Latest News 16 Aug
Expert AM webinar panel to advise on car sales customer enquiry best practice
In the wake of a COVID-prompted shift in the way car retailers engage with their customers a panel of experts are set to debate consumer enquiry best practice in an AM webinar tomorrow.
People News 13 Aug
Carzam appoints CarShop's Dave Palmer as chief vehicle preparation officer
Carzam has appointed CarShop’s Dave Palmer as its new chief vehicle preparation officer as it aims to deliver the “highest quality of vehicles” to online used car buyers.
People News 21 Jul
CarShop promotes Carl Jackson to regional operations director role
Sytner Group’s CarShop used car supermarket division has promoted its Bristol site’s head of business, Carl Jackson, into the role of regional operations director.
Used car 5 Jul
Unprecedented used car market sees dealer rulebook thrown 'out of the window'
Valuation experts and AM100 retailers have conceded that they do not know when this year’s “unprecedented” used car price rises will end.