Lookers
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Car Dealer News 15 SepLookers re-opens Stockport Renault dealership 12 months after fire
Lookers has officially re-opened the doors to its Renault dealership in Stockport – 12 months after a blaze that devastated the site.
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Car Dealer News 20 Aug£1bn sales drop as Lookers delays accounts again for finance probe
Lookers' aim to present its 2019 financial results in August has been derailed by financial investigations, while lockdown lost it £1 billion sales in H1.
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Car Dealer News 22 JulPentagon and Charles Hurst Vauxhall dealerships on the move
Pentagon Motor Group and Charles Hurst Group are both moving Vauxhall dealerships as they look to maximise their use of space to accommodate the PSA Group-owned car brand.
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Car Dealer News 1 JulLookers share trading suspended after fraud probe delays 2019 results
Lookers has requested that the listing of its ordinary shares be temporarily suspended, pending publication of its 2019 annual financial results.
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Car Dealer News 29 Jun
Lookers fraud probe reveals £19m accounts ‘black hole’ amassed over several years
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
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Car Dealer News 24 JunLookers to shake-up board in search of ‘new skills and experience’
Lookers is preparing to shake-up its board of directors in the search for ‘new skills and experience’ to guide the AM100 car retail group through the next phase of its development.
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Car Dealer News 8 Jun
Lookers annual results delay to trigger share trading suspension
Lookers expects to be hit by a temporary suspension of shares trading after conceding that its 2019 annual financial results will not be published in time for the Financial Conduct Authority’s (FCA) June 30 deadline.
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Car Dealer News 4 Jun
Lookers to axe up to 1,500 jobs and close 12 more car dealerships
Lookers will close a further 12 car dealerships and cut its employee headcount by up to 1,500 as part of a restructure plan aiming to make annual savings of £50 million.
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Car Dealer News 4 MayPendragon ‘well-positioned’ despite stalled Lookers merger talks
Pendragon has claimed that it is “well-positioned” despite the end of merger talks with fellow AM100 car retail group Lookers which would have created the UK’s largest car retail group.
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Opinion 27 AprKey ‘business fraud’ issues: lessons learned from Lookers’ £4m black hole
It is interesting to see further details announced today around the ongoing financial investigation at Lookers.
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Car Dealer News 24 Apr
Lookers widens fraud investigation after initial findings result in £4m charge
Lookers will expand its internal fraud investigations to its entire business after initial findings from one of its operating divisions resulted in an expected one-off charge of over £4 million in its 2019 financial results.
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Car Dealer News 19 MarCharles Hurst Toyota raise £54,496 for Action Cancer
Lookers' Charles Hurst Toyota has raised a total of £54,496 through a series of charity events for Action Cancer.
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Car Dealer News 12 MarLookers’ chief operating officer resigns amid falling share prices
Lookers’ chief operating officer Cameron Wade has resigned his post with immediate effect as share prices at the AM100 car retail group declined to a record low.
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Car Dealer News 10 Mar
Lookers delays annual financial results due to fraud investigation
Lookers has revealed that it will delay the publication of its 2019 annual financial results after finding evidence of potentially fraudulent transactions in one of its operating divisions.
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People News 2 MarAward given to Lookers worker George Currie
Lookers has presented an award marking 45 years of service from George Currie in its Northern Ireland Charles Hurst dealerships.
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People News 2 MarNew roles at Lookers, Mercedes-Benz Retail Group and Nissan
Three new roles have been appointed at Lookers, Mercedes-Benz Retail Group and Nissan Motor GB.
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Latest News 13 Feb
Mitchell Group's MD Mark Mitchell wins 2020 AM Award for Business Leader of the Year
As indicators of a positive business culture go, a return-on-sales percentage which regularly outstrips that of staff turnover is hard to beat.
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People News 5 FebLookers targets ‘improved operational execution’ under new CEO
Lookers Group will target “improved operational execution” in 2020 following the appointment of Mark Raban as its new chief executive and Cameron Wade as chief operating officer.
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People News 23 Dec
Former Capital One COO appointed as Lookers non-executive director
Lookers has appointed former Capital One chief operating officer Victoria Mitchell as a non-executive director and Phil Kenny as its new general counsel and company secretary.
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Car Dealer News 4 DecLookers officially opens JLR Dual Arch dealership in Aylesbury
Lookers has officially opened the doors to its new 16,193 square foot Jaguar Land Rover (JLR) dealership in Aylesbury.
