redundancies
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Car Dealer News 30 Jul‘False economy’ masks extent of impending car retail job cuts, says Pendragon boss
A ‘false economy’ which has seen the UK’s car retail sector deliver on pent-up demand from the COVID-19 lockdown is masking the true extent of impending redundancies in the sector, Pendragon boss Bill Berman has told AM.
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Car Dealer News 30 JulPendragon plans 1,800 job cuts and car dealership closures across the UK
Pendragon has announced a plan to axe 1,800 jobs from its UK car retail network as part of a bid to create a “leaner and more sustainable operating model” in the wake of the COVID-19 crisis.
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Car Dealer News 30 JulInchcape continues restructure plan after £188m H1 2020 loss
Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues and pre-tax losses of £188 million in the first half of 2020.
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News 29 JulCazoo’s Imperial Cars acquisition followed by consultation over redundancies
Imperial Cars has begun to consult its staff over widespread redundancies just two weeks after its acquisition by online car retailer Cazoo.
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Car Dealer News 14 JulVertu Motors to reduce employee headcount by 345 to 'future proof' business
Vertu Motors has taken the decision to cut 345 jobs as it looks to future proof its operations through increased automation in the wake of the COVID-19 lockdown.
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News 8 JulAvailable Car alerts staff to 'potential redundancies'
Independent used car supermarket group Available Car has written to its employees warning of “potential redundancies” as a result of the impact of the COVID-19 coronavirus crisis.
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Car Dealer News 7 JulCOVID-19 impact prompts Jardine Motors restructure and redundancies
Jardine Motors Group has confirmed that it has opened consultation over redundancies as part of a restructure prompted by COVID-19.
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Car Dealer News 30 JunJobs ‘at risk’ at Cambria Automobiles’ JLR Swindon dealership
Over 20 employees could be at risk of redundancy at Cambria Automobiles’ Jaguar Land Rover (JLR) dealership in Swindon as part of plans to mitigate against the impact of COVID-19.
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Car Dealer News 29 JunCOVID-19 crisis prompts redundancies at luxury car retailer HR Owen
HR Owen has said that it is making “a limited number” of staff reductions in response to the market challenges faced as a result of the COVID-19 crisis.
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Market Insight 23 JunSMMT calls for automotive support and ‘turbocharged’ Brexit talks
The Society of Motor Manufacturers and Traders (SMMT) has called for a Government-backed automotive sector restart package and “turbocharged” Brexit talks to kick-start the COVID-19 recovery.
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Car Dealer News 22 JunPerrys and Donnelly close Vauxhall car dealership sites
Perrys Motor Group and Donnelly Group have closed Vauxhall car dealerships in the past week as the Griffin-badged brand continues its network consolidation strategy.
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Car Dealer News 19 JunPentagon closes Doncaster Jeep and Alfa Romeo dealerships
The Pentagon Motor Group has severed its ties with the FCA Group with the closure of its dual-brand Alfa Romeo and Jeep dealership in Doncaster.
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Car Dealer News 18 JunPendragon plans job cuts and leadership changes
Pendragon has begun a consultation over redundancies as it plans to reformat its leadership and management structure.
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Manufacturer 5 JunBentley to cut UK workforce by almost a quarter
Bentley has announced plans to shed 1,000 jobs in the UK under a “voluntary release programme” after COVID-19 coronavirus hastened a drive to cut costs.
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Car Dealer News 4 JunLookers 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 27 MayProgress Suzuki closes as COVID-19 lockdown proves ‘too much to bear’
Progress Suzuki owner Terence Byrne has said that the UK’s automotive retail sector “will flourish again” following the COVID-19 coronavirus crisis – just days after his business went into liquidation.
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Car Dealer News 14 May'Almost half of car dealers' made job cuts in first month of COVID-19 lockdown
Six-in-10 car retailers believe that prolonged grants and support from Government are required to support the automotive retail sector through the COVID-19 coronavirus crisis as redundancies begin.
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Car Dealer News 6 MayCambria considers redundancies as COVID-19 threatens ‘Darwinian evolution’ of car retail
Cambria Automobiles chief executive Mark Lavery has conceded that “over 100 redundancies” are possible within his car retail group when the Government's coronavirus job retention scheme’s (CJRS) furlough period ends.
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Car Dealer News 24 JanPendragon to begin ‘satellite’ Evans Halshaw Vauxhall closures
Pendragon is preparing to close several of its Evans Halshaw Vauxhall dealership locations as part of the PSA Group-owned brand’s plan to shrink its UK retail network.
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Manufacturer 22 JanJLR announces 500 job cuts at Halewood plant
Jaguar Land Rover (JLR) will make 500 job cuts at its Evoque and Discovery Sport SUV-producing Halewood manufacturing plant on Merseyside.
