Sytner Group
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Acquisitions and deals 21 Sep
Pendragon rejects new £391m bid by Sytner parent and Sweden’s Hedin
Pendragon has unanimously rejected an unsolicited and preliminary proposal by Hedin Mobility and Penske
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Gallery Article 21 Apr
Pictures: Sytner opens UK's Ferrari first new supercar franchise for 15 years
Ferrari is celebrating the addition of the UK’s first new franchise location in 15 years after the opening of Sytner Group’s Graypaul dealership in Glasgow.
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Car Dealer News 9 Feb
Sytner owner Penske Automotive reports record 2022 performance
Sytner Group and CarShop owner Penske Automotive has reported a record set of annual financial results in which revenues rose 9% and pre-tax profits swelled by 16%.
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Car Dealer News 10 Oct
Listers lines up relaunch of Leamington Spa Volvo dealership
Listers Group is lining-up a relaunch of its Volvo Car UK dealership in Leamington Spa following a £2 million project to bring the facility up to the Swedish brand’s VRE corporate identity (CI).
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Latest News 21 Sep
Sytner BMW parts manager avoids jail over £62,000 refund scam
A Sytner Group BMW parts manager has avoided jail after he admitted defrauding the top AM100 car retail group of £62,000 in a refund scam.
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Car Dealer News 17 Aug
Police pursue teens responsible for Sytner Mercedes dealership joyride
Police are pursuing a pair of teenager joyriders who caused £9,000 of damage when they took a Mercedes-Benz for an illegal joyride around a Sytner dealership forecourt.
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Car Dealer News 29 Jul
Inchcape opens 12th bravoauto used car supermarket in former CarShop Express site
Inchcape has grown its bravoauto used car supermarket division with the opening of a new store in Sytner’s former Volkswagen and CarShop Express dealership in Halifax.
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Car Dealer News 28 Jul
Sytner owner reports £412m pre-tax profit in record Q2 trading update
Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).
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Acquisitions and deals 31 May
Mercedes-Benz Retail Group to sell North London dealerships to Sytner
Mercedes-Benz Retail Group has agreed a deal to sell its North London dealerships to top AM100 car retail group Sytner.
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Car Dealer News 12 May
Sytner Group is the 2022 AM Awards Community Hero Award winner
Sytner Group is the 2022 AM Awards Community Hero Award winner, with Arnold Clark Automobiles and TrustFord both highly commended
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Car Dealer News 29 Apr
Sytner Group owner Penske Automotive reports ‘all-time record’ Q1 performance
Sytner Group and Car Shop owner Penske Automotive has revealed “all-time record quarterly results” in Q1 2022 in a trading update from the car retail giant.
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Acquisitions and deals 1 Apr
Sytner adds trio of BMW and Mini dealerships with Specialist Cars acquisition
Sytner Group has added a trio of BMW and Mini dealerships with the acquisition of Stevenage-based Specialist Cars.
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Car Dealer News 28 Mar
Sytner rewards elite technicians with Detroit Grand Prix trip
Sytner Group has celebrated its technician's expertise with its Elite Technician Challenge 2022, and the 13 winners are set to take an expenses-paid trip to the Detroit Grand Prix in America as guests of Penske Racing.
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Car Dealer News 23 Mar
Guy Salmon rebranded Sytner as part of £164m JLR dealerships investment
Guy Salmon’s network of 17 Jaguar Land Rover (JLR) car dealerships is set to be rebranded under the title of its parent company Sytner Group.
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Fleet 21 Mar
AM100 groups agree to new fleet dealer standards
Marshall, Inchcape and Sytner have enhanced their fleet commitments by signing up to the Association of Fleet Professionals’ (AFP) new Dealer Standard.
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Manufacturer 11 Mar
BMW Group acquires tuning firm Alpina
BMW Group has bought Alpina and will bring the turning firm in-house.
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Car Dealer News 10 Feb
Sytner and CarShop owner Penske accelerated turnover and profit in 2021
Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.
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Car Dealer News 21 Jan
Sytner Group’s Tower Garage named as Ferrari’s Top UK Dealer 2021
Sytner Group’s Tower Garage Ferrari dealership in Egham has been named as the Italian supercar maker’s ‘Top UK Dealer 2021’.
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Car Dealer News 19 Jan
CarShop celebrates ‘astounding’ success of Leicester Express Store
Sytner Group’s CarShop used car division is celebrating the “astounding success” of its first Express Store concept retail site in Leicester.
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Car Dealer News 1 Dec
Sytner Group and Rolls-Royce offer luxury London day-out to ‘real-life hero’
Sytner Group has teamed up with luxury car franchise partner Rolls-Royce Motor Cars to offer a real-life hero the chance to experience an all-expenses day out in London.