Group 1 Automotive has agreed a £346 million deal to acquire Inchcape's UK dealerships, almost doubling the scale of the AM100 group.
Demand for self-service aftersales solutions continues to rise with over 1.7 million customers choosing to check-in their vehicles digitally in 2023.
Mark Bridgland, who recently left the managing director's post at Group 1 Automotive UK after 10 years with the motor retailer, has joined truck and bus firm Scania.
An acceleration of new vehicle, parts and service revenues has propelled Group 1 Automotive to a record set of Q1 financial results.
Group 1 Automotive is on the hunt for a new managing director once again after Mark Bridgland announced his departure from the US-owned car retail group ahead of the start of a “new venture”.
Data for Group 1 Automotive UK shows the steadily-growing AM100 dealer group is making great profits from its sales of new and used cars.
Group 1 Automotive has rebranded its Barons and Chandlers BMW and Mini dealerships under new Group 1 BMW and Group 1 Mini banners as part of a bid to offer “transparency”.
Group 1 Automotive has completed the acquisition of Essex-based BMW and Mini franchised car retailer Fairfield Motor Group.
Group 1 Automotive has appointed its current president of US operations Daryl Kenningham as its new chief executive after Earl J. Hesterberg announced his retirement after 17 years with the car retail group.
Group 1 Automotive has highlighted the strength of its new car order books in the UK after reporting a record Q2 performance.
Group 1 Automotive has promoted its director of operations Mark Bridgland to the post of managing director – ending 22 months without an MD.
Group 1 Automotive has revealed record turnover and profits in an ‘outstanding’ Q1 for its car retail operations in the US and UK.
Group 1 Automotive has reported a 27.2% increase in revenues as gross profit rose 40.7% in its annual financial results for 2021.
Group 1 UK chief executive Earl J Hesterberg expressed hopes that strong car retail margins would persist for some time to come after recording increased profit and turnover in Q3 2021.
Group 1 Automotive president and chief executive Earl J. Hesterberg has predicted the release of “several years” pent-up demand in the UK car retail sector.
Group 1 Automotive has added nine car dealerships to its UK operation with the acquisition of Robinsons Motor Group.
A free Automotive Management (AM) webinar is set to offer insight into the issue of service retention in a car retail sector driving to overcome the challenges posed by COVID-19.
Group 1 Automotive has reported a “solidly profitable” Q1 for its UK car dealerships, despite the impact of COVID-19 ‘Lockdown 3’ showroom closures.
A whole range of issues were discussed by some of the industry’s biggest hitters, who pulled no punches about the challenges facing them as they go into 2020.
Group 1 Automotive boss Earl J. Hesterberg has said that the retail group had been able to overcome “serious challenges presented by Brexit uncertainty in the UK” in 2019 thanks to its “powerful US performance”.
