Read Motor Group has said that it overcame ‘”aggressive competition” in the new car retail sector to grow turnover and profit during 2018.
Stoneacre Motor Group has empowered teams across its network to share news and images via social media as part of a strategy that has seen it become one of the AM100’s top performers on social media.
Work has begun on a multi-million pound relocation for Stoneacre Motor Group Sheffield, which will hold an expanded showroom and a larger used car display.
Stoneacre Motor Group has joined forces with AutoConvert in pursuit of an all-encompassing approach to lead management which fuses detailed lead tracking with paperless online finance applications.
Stoneacre has become the latest new addition to the MG Motor UK car retail network with the opening of a new franchised site in Greater Manchester.
Stoneacre Motor Group has reported turnover growth of 9% and profit before tax up 34% in its financial results for 2018.
Stoneacre Motor Group has appointed Shaun Brookhouse and Paul Vozbutas as main board directors.
Stoneacre Motor Group is set to achieve its ambition of becoming a £1 billion turnover car retail group a year early following the acquisition of four Mill Garages Northeast Ltd Volvo dealerships.
Stoneacre Motor Group has boosted its Stoneacre Academy offering for apprentices and staff development with the creation of a new Technical Training Facility at its Goole FordStore.
Stoneacre has opened its newly “transformed” Chesterfield Volvo dealership following a 12-month long, multi-million pound redevelopment of the site.
Equator has released a report giving insight into dealers’ digital experience, putting Sandicliff and JCT600 above manufacturers.
Stoneacre made it three new acquisitions since the start of 2018 with its move for Platts Garage’s multi-franchise site in Stafford.
Stoneacre Motor Group has followed-up its January acquisition of Nottingham’s Chris Variava dealership complex with the completion of a deal to secure Burrows Motor Group’s Hyundai and Fiat franchises in Sheffield.
Stoneacre Motor Group is once again on the “acquisition trail” after securing the whole of Nottingham-based Chris Variava car dealership operation for an undisclosed sum.
Stoneacre Motor Group has reported that there is “ample opportunity for growth” after group turnover rose by 28.5% and pre-tax profits by 29.5% during its 2017 financial year.
Stoneacre Financial Services (SFS) is preparing to buck the interest rate trend to make car finance more attainable for non-prime customers.
The Stoneacre Motor Group has celebrated the graduation of a further 48 aspiring automotive operators from its Ofsted-accredited Acasdemy.
While training and development form a vital part of modern motor retail operations, the sector still suffers from a poor perception among job-seekers and struggles to attract high-calibre applicants.
Shaun Foweather believes his group’s training academy will help it to £1bn turnover by 2020, as well as provide a future managing director.
Stoneacre claims to have become “UK’s first connected used car dealer” after partnering with the Smartdriverclub to offer customers a connected car service.
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 7 2019
Where: Birmingham NEC
Find out what features are in this month's, and future, issues