dealer news
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Car Dealer News 3 SepShelbourne Motors expansion follows 28% rise in profits
Shelbourne Motors in Northern Ireland has reported 2018 pre-tax profits of £1.2m, a 28% improvement on the prior year. Its directors will hope for further growth ahead following competion of a £5m investment into a new multi-franchise complex in Newry.
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Car Dealer News 15 JunCar dealers warned of social media risks
Franchised car dealers using social media are being urged to implement a social media policy to avoid reputational damage.
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Car Dealer News 9 AugSuzuki dealers deliver £500 off event
Suzuki dealer swill offer £500 off every new car order as part of its #SuzukiSaturdays national sales event.
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Car Dealer News 26 JulVertu ‘resilient’ despite Q2 downturn in consumer confidence
Vertu Motors has said the group’s aftersales profitability and has helped the business remain ‘resilient’ despite a downturn in consumer confidence in Q2.
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Acquisitions and deals 15 AugLookers acquires Drayton Group for £55.4m
Lookers has entered into a conditional agreement to acquire seven-site Warwick Holdings, trading as Drayton Group, for £55.4m.
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Car Dealer News 8 AugPeter Vardy Group adds BMWi to Edinburgh and opens new JLR showroom
Peter Vardy Group has added a BMWi sub-brand retail outlet to its Edinburgh dealership and opened its £8 million JLR dealership in Aberdeen.
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Car Dealer News 28 JulInchcape sees pressure on UK trading profits and margins in first half of 2016
Inchcape experienced pressure on its trading profits and margins in its UK business for its half year results ended June 30, 2016.
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Car Dealer News 28 JulHendy Kia sponsors Southern Vipers cricket
Hampshire-based Hendy Group is sponsoring the Southern Vipers cricket team in the first Kia Women’s Super League.
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Acquisitions and deals 6 JunHendy Automotive acquires Lifestyle Group
Hendy Automotive has acquired Lifestyle Motor Group in a move which should see the business achieve an annual turnover of £600 million.
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Car Dealer News 3 JunPeter Vardy marks 10th birthday with release of more than £5 million shares to employees
Peter Vardy Group is set to transfer more than £5 million of ownership to its 800 colleagues
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Supplier News 1 Jun
Greenhous Group sells its remarketing arm GRS
Greenhous Group has sold its GRS Remarketing subsidiary to US-based KAR Auction Services for an undisclosed sum.
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Acquisitions and deals 1 JunVertu Motors buys Gordon Lamb Group and adds first Toyota business
Vertu Motors has bought Gordon Lamb Group in Derbyshire and gained its first Toyota dealership, plus more Land Rover, Nissan and Skoda sites.
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Car Dealer News 27 MayMarriott Motor Group prepares to re-open 106-year-old 'birthplace'
Marriott Motor Group is preparing to open its renovated Volkswagen showroom next month on the site the 106-year-old Stowmarket family business was founded.
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Car Dealer News 27 May
Profits rise for Caffyns as it weathers the Volkswagen emissions scandal
Growth in new and used car sales has boosted Caffyns’ revenues by 10.6% to £232.5m.
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People News 26 MayCameron Wade gets the MD's seat at Peter Vardy
Cameron Wade has been appointed as managing director of the motor division at Peter Vardy, the Scotland-based AM100 dealer group.
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Car Dealer News 24 MayAncaster Group buys Fiat-Nissan site from West London Motor Group
Ancaster Group has acquired a dual franchise site in Shepperton from West London Motor Group (WLMG).
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Car Dealer News 18 MayRight Car opens Hull Renault and Dacia showroom
Right Car has joined the Groupe Renault UK dealer network with a new Hull dealership which will pave the way to the business’ expansion outside its East Yorkshire homeland.
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Car Dealer News 25 JanVertu Motors acquires three Lookers Honda dealerships
Vertu Motors has acquired three Lookers Honda dealerships for approximately £2 million, including goodwill of £0.2m.
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Car Dealer News 14 Dec
J T Hughes dealership to make way for Lidl supermarket
J T Hughes is preparing to close one of its four branches in Shropshire as the dealership makes way for a Lidl supermarket.
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Car Dealer News 26 NovNT Shaw joins MG dealer network
NT Shaw of Louth, Lincolnshire has joined the MG dealer network taking the brand’s total number of sites to 63 in the UK.
