Sandicliffe Motor Holdings has revealed that it is eyeing “growth opportunities across the East Midlands region” after securing an £11m funding facility from Lloyds Bank Commercial Banking.
Batchelors of Ripon has revealed plans for expansion after securing a £650,000 funding package from Lloyds Bank.
The SMMT has insisted that future growth of UK automotive manufacturing is uncertain following the publication of results which showed the most productive H1 since the year 2000.
Banking giant Lloyds has announced it is closing its two car supermarkets, which operate under the Car Select brand.
Demand for UK-built cars shows “no sign of slowing” as the UK automotive manufacturing sector experiences 13.1% year-on-year growth, according to SMMT chief executive Mike Hawes.
After a booming year for the UK car industry, Stuart Apperley, director of automotive at Lloyds Bank, looks at the challenges and opportunities of 2016
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
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