Stoneacre
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Acquisitions and deals 23 NovStoneacre adds Lexus franchise with Jardine dealership acquisition
Stoneacre Motor Group has created a dual-brand Aston Martin and Lexus dealership in Newcastle after forging its first partnership with the Japanese premium brand via an acquisition from Jardine Motors Group.
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People News 4 SepStoneacre appoints David Teatum and Mark Zavagno to board of directors
Stoneacre Motor Group has promoted David Teatum and Mark Zavagno onto its board of directors after driving past its £1 billion turnover growth target.
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Car Dealer News 4 Sep
Stoneacre prepares for new Volvo Sunderland dealership development
Stoneacre Motor Group has moved a step closer towards gaining planning permission to create a new Volvo Car UK dealership facility in Sunderland.
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Car Dealer News 3 SepStoneacre owner Richard Teatum invests over £3m in Vertu Motors
Stoneacre Motor Group’s founder and owner Richard Teatum has invested over £3 million in rival car retail group Vertu Motors.
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Acquisitions and deals 4 Aug
Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group.
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Car Dealer News 23 AprStoneacre directors to take ‘no salary’ until profitability returns
Stoneacre Motor Group's directors will forego their salaries after taking the decision to furlough 3,000 employees due to the COVID-19 coronavirus pandemic – vowing not to take a wage until the business “returns to profitability”.
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Car Dealer News 26 Feb
Stoneacre Motor Group financial results reveal 24.9% turnover growth
Stoneacre Motor Group has revealed detail of a 24.9% turnover increase in annual turnover and a 31.2% increase in pre-tax profits in annual financial results to April 31, 2019.
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Car Dealer News 5 FebTriathletes host Stoneacre Volvo showroom launch in Sheffield
Stoneacre welcomed British triathletes Lucy Hall and Mark Buckingham to the launch of its new £6m Volvo showroom in Sheffield.
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Manufacturer 28 JanKia urges retailers to ‘take charge’ at 2020 dealer conference
Kia Motors UK urged its franchised car retail network to “take charge” in 2020 as it prepares for the arrival of a new crop of electric vehicles (EV) – including the new e-Niro and Soul EV.
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Talent & People 1 JanEight questions to… Alex Hodgson, group social media manager, Stoneacre
Eight questions to… Alex Hodgson, group social media manager, Stoneacre
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Car Dealer News 9 DecStoneacre Motor Group opens Volvo Sheffield dealership
Stoneacre Motor Group has opened the doors to a new Volvo Car UK dealership in Sheffield following a £6 million investment.
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Car Dealer News 29 NovMG Motor UK opens 100th dealership with Stoneacre Motor Group
MG Motor UK has opened its 100th UK car dealership with the opening of Stoneacre Motor Group’s fourth franchised location with the brand at a new retail facility in Doncaster.
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Car Dealer News 15 OctStoneacre to bring Renault/Dacia to ‘iconic’ Mushroom Garage
Stoneacre Motor Group is carrying out a £1 million redevelopment of its iconic Mushroom Garage car retail operation in Rotherham as part of a process which will usher out its Honda and Mitsubishi franchises.
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Car Dealer News 9 AugRead Motor Group overcomes ‘aggressive competition’ to grow profit
Read Motor Group has said that it overcame ‘”aggressive competition” in the new car retail sector to grow turnover and profit during 2018.
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Digital Marketing 30 MayStoneacre attributes £1m of car sales to social media engagement
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.
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Car Dealer News 14 MayWork begins on £6m Stoneacre Volvo Sheffield relocation
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.
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Car Dealer News 13 May
Stoneacre streamlines customer leads and finance with AutoConvert
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.
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Car Dealer News 15 FebStoneacre joins MG car retail network in Greater Manchester
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.
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Car Dealer News 11 Feb
Stoneacre Motor Group achieved 34% profit growth amid 2018 acquisitions
Stoneacre Motor Group has reported turnover growth of 9% and profit before tax up 34% in its financial results for 2018.
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People News 9 JanBrookhouse and Vozbutas join the Stoneacre Motor Group board
Stoneacre Motor Group has appointed Shaun Brookhouse and Paul Vozbutas as main board directors.
