Constellation Automotive
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Acquisitions and deals 3 Aug
Cinch backs increased £504.2m takeover bid for Lookers
Cinch and other shareholders are backing the increased takeover offer from Global Auto Holdings for Lookers for £504.2 million.
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Acquisitions and deals 20 Jul
Lookers takeover set to collapse as Cinch withdraws backing
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.
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Acquisitions and deals 5 Apr
Steven Eagell poised to acquire 13 Marshall Motor Group dealerships
Steven Eagell could be about to secure the acquisition of 13 Toyota and Lexus car dealerships from Marshall Motor Group.
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People News 3 Apr
UPDATED: Cinch CEO James Mullins joins Marshall Motor Group board
Constellation Automotive has appointed cinch chief executive James Mullins to the board of AM100 car retailer Marshall Motor Group.
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Car Dealer News 8 Feb
Constellation Automotive owner TDR Capital acquires stake in Vertu Motors
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.
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People News 7 Feb
Marshall Motor Group appoints Arriva finance director Mark Hemus
Marshall Motor Group has appointed Arriva Group finance director Mark Hemus as its new FD.
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Supplier News 20 Jan
BCA begins consultation over Upper Heyford preparation centre closure
BCA has entered into consultation with staff over business restructure plans that involve the closure of its vehicle preparation centre closure at Upper Heyford.
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Used Cars 17 Jan
Record festive trading at BCA gave used car buyers ‘a good head start’
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.
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Acquisitions and deals 16 Jan
Marshall acquires Jaguar Land Rover Leicester from Sturgess Motor Group
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.
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People News 10 Jan
Marshall's chief financial officer exits the AM100 group's board
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.
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Car Dealer News 6 Jan
Online car retailer cinch reports £149m pre-tax loss for 2021/22
Constellation Automotive’s cinch online used car retail operation has posted a £149 million pre-tax loss in annual financial results for 2021/22.
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Supplier News 30 Nov
WeBuyAnyCar complaint results in ban for Motorway TV and radio adverts
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.
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Acquisitions and deals 11 Oct
Donalds Group takes over Marshall Kia dealership in Ipswich
Donalds Group has officially taken over the operation of the Kia UK Ipswich dealership formerly operated by Marshall Motor Group.
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Car Dealer News 7 Oct
Marshall reports first financial results since Constellation takeover
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.
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Car Dealer News 2 Aug
Constellation-owned Marshall Motor Group to exit Kia UK car retail franchise
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.
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Supplier News 21 Jul
BCA consults Derby, Peterborough and Sandwich staff over planned restructure
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.
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Car Dealer News 27 Jun
Marshall's car manufacturer partners back Constellation Automotive leadership
Marshall Motor Group’s car manufacturer franchise partners have given their backing to the AM100 retail group’s new Constellation Automotive leadership team.
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People News 22 Jun
Constellation and Inchcape bosses make Auto Express Brit List 2022
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.
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Latest News 16 Jun
Rangers FC ‘wins’ Scottish Premier League feud over cinch sponsorship deal
Glasgow Rangers FC will continue to benefit from online used car retailer cinch’s a £8 million sponsorship of the Scottish Premier League (SPL), despite refusing to display its branding.
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Digital Marketing 9 Jun
Scottish football sponsorship feud delivered cinch profile boost, YouGov suggests
A Scottish Football sponsorship feud involving Rangers Football Club, Parks Motor Group and cinch may have boosted the online car retailers profile, a YouGov poll suggests.