Lookers
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Market Insight 9 Apr‘Cazoo effect’ and showroom reopenings cause car retail's PLCs to rally
Car retail’s impressive response to the COVID-19 pandemic, the impending reopening of car showrooms after ‘Lockdown 3’ and the “Cazoo effect” have triggered rallying share prices for the sector’s PLCs.
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Car Dealer News 8 AprLookers sells 44,000 cars in 'Lockdown 3' to finish Q1 ‘ahead of expectations’
Lookers sold over 44,000 new and used cars during a COVID-19 ‘Lockdown 3’ impacted Q1 to finish the period “ahead of expectations”.
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People News 23 MarLookers PLC appoints Chris Whitaker as chief people officer
Lookers PLC has announced the completion of a recent series of senior leadership changes with the appointment of Chris Walker as its new chief people officer.
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Car Dealer News 19 MarMacklin Motors opens new Glasgow Motornation used car and van showroom
Macklin Motors has completed the £1.5 million development of a new Motornation used car and van showroom in Lookers’ former Glasgow Volkswagen Van Centre.
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Car Dealer News 18 Mar
Lookers PLC to defy analysts with ‘small profit’ in 2020 financial results
Lookers has said that it expects to deliver a “small profit” and reduced debt in its 2020 annual financial results – defying analysts’ loss predictions.
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Supplier News 12 Mar
UK's accounting watchdog opens investigation into Deloitte’s Lookers audit
UK accounting watchdog the Financial Reporting Council (FRC) has opened an investigation into Deloitte audit of Lookers PLC’s financial statements for 2017 and 2018.
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People News 8 MarLookers appoints former Toyota MD Paul Van der Burgh as a non-exec director
Lookers PLC has appointed former Toyota GB president and managing director Paul Van der Burgh as a non-exec director.
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Car Dealer News 4 MarLookers Northallerton awarded as Volkswagen's top-performing UK car dealer
Volkswagen UK has named Lookers Northallerton as its top-performing UK car dealer during a COVID-hit 2020 trading period.
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Car Dealer News 2 Mar
Lookers avoids sanctions as FCA closes investigation into ‘possible mis-selling’
The FCA has told Lookers does not intend to apply any sanction against the car retail group following the decision to close its investigation into the ‘possible mis-selling’ of regulated products.
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People News 23 FebLookers’ Charles Hurst Group appoints Jeff McCartney as group operations director
Lookers PLC’s Northern Ireland car retail division, Charles Hurst Group, has appointed Jeff McCartney as its new group operations director.
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Car Dealer News 29 JanLookers focuses on recovery after H1 2020 results reveal £50m loss
Lookers has applied to recommence share trading on the London Stock Exchange following publication of interim financial results which revealed a £50 million loss in a COVID-impacted H1, 2020.
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People News 6 Jan
Lookers appoints Anna Bielby as new chief finance officer
Lookers has filled the chief financial officer role left vacant since February last year with Anna Bielby, formerly of PwC and CFO of telecoms company KCOM Group.
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Car Dealer News 5 JanLookers reviews remuneration policies after shareholders’ revolt
Lookers has said that it will continue to “review the appropriateness of the remuneration policy” following a shareholders’ revolt over the £450,000 pay packet of chief executive Mark Raban.
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Car Dealer News 9 Dec
Finance compliance veteran joins as Lookers seeks new CFO
Lookers has appointed Yorkshire Building Society chief financial officer Robin Churchouse as an independent non-executive director and chair of its Audit and Risk Committee, Remuneration and Nomination Committees.
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Car Dealer News 25 NovFinancial probe leaves Lookers with £87 million profit swing
Lookers has finally been able to publish its 2019 financial results which show a £87.4 million swing into pre-tax losses caused partly by past financial overstatements.
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Latest News 20 NovSytner, Lookers, TrustFord and NFDA lobby NI MPs on Brexit VAT hikes
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
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Car Dealer News 11 NovLookers launches recruitment drive to fill 180 apprentice roles
Lookers has said that the launch of a recruitment drive to take on largest-ever intake of apprentices in 2021 is a sign of its “confidence and ambition for the future”.
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Acquisitions and deals 19 OctCitygate Automotive acquires Lookers’ West London Škoda car dealership
Citygate Automotive has completed the acquisition of Lookers’ West London Škoda dealership for an undisclosed sum.
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Opinion 16 Oct
Lookers to publish 2019 results in November after 13.6% Q3 cars sales growth
Lookers has reported that trading in Q3 resulted in underlying PBT “significantly ahead of last year” to largely offset losses recorded in a COVID-19 impacted first half of 2020.
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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.
