Vertu Motors has acquired the trade and assets of three motor retail locations from Co-op Motors for an estimated £5.5m, of which £3.9m is to be deferred over three years with the balance being settled in cash from the group's existing resources.
Hybrid pioneers Toyota and Lexus have dominated the hybrid segment for the last five years taking more than 75% of sales since 2007, according to new figures from the Society of Motor Manufacturers and Traders.
A total of 350 employees, partners and sponsors attended an awards ceremony for Peugeot Citroen Retail in the second year that both brands in the group have come together to celebrate their high fliers.
The UK’s leading event for motor retailers is going VIRTUAL.
TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.