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Car Dealer News 25 JanStoneacre Motor Group profits soar 63% in record annual financial results
Stoneacre Motor Group’s profit before tax soared by 63% to deliver a record set of annual financial results for 2021/22.
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Car Dealer News 20 JanStoneacre ‘well-positioned for continued expansion’, 2020/21 results reveal
Stoneacre Motor Group remains “well-positioned for continued expansion” after 2020/21 annual financial results detailed a near-170% rise in pre-tax profits.
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Car Dealer News 18 MayStoneacre opens first of three new Renault/Dacia car dealerships
Stoneacre Motor Group has officially opened the first of three new Renault and Dacia dual-brand car dealerships – creating a multi-brand site alongside its Vauxhall franchise in Backburn.
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Acquisitions and deals 23 NovStoneacre adds Lexus franchise with Jardine dealership acquisition
Stoneacre Motor Group has created a dual-brand Aston Martin and Lexus dealership in Newcastle after forging its first partnership with the Japanese premium brand via an acquisition from Jardine Motors Group.
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People News 4 Sep
Stoneacre appoints David Teatum and Mark Zavagno to board of directors
Stoneacre Motor Group has promoted David Teatum and Mark Zavagno onto its board of directors after driving past its £1 billion turnover growth target.
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Acquisitions and deals 4 Aug
Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group.
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Car Dealer News 23 AprStoneacre directors to take ‘no salary’ until profitability returns
Stoneacre Motor Group's directors will forego their salaries after taking the decision to furlough 3,000 employees due to the COVID-19 coronavirus pandemic – vowing not to take a wage until the business “returns to profitability”.
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Car Dealer News 26 Feb
Stoneacre Motor Group financial results reveal 24.9% turnover growth
Stoneacre Motor Group has revealed detail of a 24.9% turnover increase in annual turnover and a 31.2% increase in pre-tax profits in annual financial results to April 31, 2019.
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Car Dealer News 29 NovMG Motor UK opens 100th dealership with Stoneacre Motor Group
MG Motor UK has opened its 100th UK car dealership with the opening of Stoneacre Motor Group’s fourth franchised location with the brand at a new retail facility in Doncaster.
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Car Dealer News 15 FebStoneacre joins MG car retail network in Greater Manchester
Stoneacre has become the latest new addition to the MG Motor UK car retail network with the opening of a new franchised site in Greater Manchester.
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Car Dealer News 31 MarStoneacre opens Aston Martin showroom in Newcastle
Aston Martin’s DB11 took centre stage at the opening of Stoneacre’s new 1,950 square metre showroom in Newcastle.
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