Constellation Automotive Group, which already owns BCA, Cinch, Marshall Motor Group and WeBuyAnyCar, has acquired again.
Used car marketplaces MOTORS and Cinch are reported as being among the companies seeking to buy several Cazoo assets.
Cinch and other shareholders are backing the increased takeover offer from Global Auto Holdings for Lookers for £504.2 million.
Global Auto Holdings’ £465.4 million bid to acquire Lookers may be in doubt as shareholder Constellation Automotive has announced it will vote against the deal.
Steven Eagell could be about to secure the acquisition of 13 Toyota and Lexus car dealerships from Marshall Motor Group.
Constellation Automotive has appointed cinch chief executive James Mullins to the board of AM100 car retailer Marshall Motor Group.
Constellation Automotive owner TDR Capital has extended its presence in the car retail sector with the purchase of a 3.1% share in Vertu Motors.
Marshall Motor Group has appointed Arriva Group finance director Mark Hemus as its new FD.
BCA has entered into consultation with staff over business restructure plans that involve the closure of its vehicle preparation centre closure at Upper Heyford.
Record trading between Christmas and the start of the new year demonstrated that car retailers were keen to get a “good head start” for strong January trading, according to BCA.
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.
Richard Blumberger has left Marshall Motor Group seven months after the AM100 motor retailer's acquisition by Constellation Automotive Group and the exit of its chief executive Daksh Gupta.
Constellation Automotive’s cinch online used car retail operation has posted a £149 million pre-tax loss in annual financial results for 2021/22.
A WeBuyAnyCar complaint to the Advertising Standards Authority (ASA) has resulted in a ban on Motorway TV and radio adverts which claimed it could offer motorists “up to £1,000 more” for their used car.
Donalds Group has officially taken over the operation of the Kia UK Ipswich dealership formerly operated by Marshall Motor Group.
Marshall Motor Holdings has reported 74.6% turnover growth and a 354.4% rise in pre-tax profit in its first financial results since the acquisition of Motorline and privatisation by new owner Constellation Automotive.
Constellation Automotive has denied that Marshall Motor Group’s exit from the Kia UK franchised dealer network is connected to leadership changes following its takeover of the former car retail PLC.
Used car remarketing giant BCA is consulting staff at its Derby, Peterborough and Sandwich facilities ahead of a planned restructure following a review of the “scale and capability” of its UK operations.
Marshall Motor Group’s car manufacturer franchise partners have given their backing to the AM100 retail group’s new Constellation Automotive leadership team.
Inchcape chief executive Duncan Tait and Constellation Automotive executive chairman Avril Palmer-Baunack were the only two car retail sector leaders to make the Auto Express Brit List 2022.
