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TrustFord

IOU notes on a pin-board graphic

Have dealers and funding providers cleared COVID-hit car buyers' finance hurdles?

Motor finance companies and car dealers have borne the brunt of the COVID-19 pandemic, but how well have they overcome the challenge of motorists' 1.8 million requests for finance forbearance.

Finance and insurance 13 Jul
Stuart Foulds, the chairman and chief executive of TrustFord

TrustFord reports £5.2m loss in COVID-hit 2020 financial results

TrustFord chairman and chief executive Stuart Foulds has said he was “relatively pleased” with the group’s COVID-impacted 2020 financial results – despite recording a £5.2m pre-tax loss.

Car dealer news 29 Jun
TrustFord Wimbledon, on Plough Lane, Merton

TrustFord embarks on tree planting to fix Wimbledon felling ‘mistake’

TrustFord has embarked on a nationwide tree-planting exercise and donated £10,000 to green community projects in response to a residents’ backlash over tree felling at its newly-acquired Wimbledon Ford dealership.

Car dealer news 24 May
TrustFord chairman and chief executive officer Stuart Foulds

TrustFord continues Ford network consolidation with Cambria dealership acquisitions

TrustFord has continued the consolidation of the Ford's car retail network in London through the acquisition of Cambria Automobiles’ franchises in Croydon and Wimbledon.

acquisitions and deals 14 May
COVID-19 social distancing measures in place in a car showrooom

Car dealers hope for ‘bumper Q2’ as they celebrate showroom reopenings

Car retailers in England and Wales celebrating the reopening of car showrooms after COVID-19 ‘Lockdown 3’ are now eager to leverage pent-up demand, with some expecting a “bumper Q2”.

Car dealer news 12 Apr
Breakout for Ben 2021

Breakout For Ben challenge raises £159,000 to help plug charity's funding gap

Super-fit automotive sector fund-raisers walked, cycled and ran their way to a £159,000 charity windfall as part of the Breakout For Ben initiative.

BEN 5 Mar
An artist's impression of the new Romans International supercar showroom

Romans International to expand supercar showroom into former TrustFord site

Supercar dealer Romans International is set to expand its showroom facilities into a former TrustFord dealership a “stone’s throw” from its current location in Banstead.

Independents news 18 Feb
'Closed again due to COVID-19' doorsign

Failure to re-open car showrooms in Q1 to impact jobs and economy, say dealers

Car retail bosses have voiced concern that a failure to re-open car showrooms in-time for the March number plate change will impact jobs and the economy, claiming “MPs fundamentally do not understand business”.

Car dealer news 9 Feb
Stuart Foulds, the chairman and chief executive of TrustFord

TrustFord gains planning permission for new Guernsey Ford dealership

TrustFord has gained planning permission for a new dealership site in Guernsey which will allow the business to bring its Ford retail, aftersales and body shop businesses under one roof.

TrustFord 9 Feb
TrustFord chairman and chief executive officer Stuart Foulds

TrustFord 'smashing' van sales amid 40% Lockdown 3 car sales decline

TrustFord has seen its car sales volumes decline by around 40% during COVID-19 ‘Lockdown 3’ trading in England and Northern Ireland – but home delivery boom is driving commercial vehicle records.

TrustFord 1 Feb
TrustFord's 20,000 square foot service and PartsPlus aftersales centre in Alperton

TrustFord opens 20,000sq-ft Alperton service and Parts Plus centre

TrustFord has officially opened a 20,000 square foot service and PartsPlus aftersales centre in Alperton, North-West London, following a £1 million investment in the site.

TrustFord 19 Jan
Julia Muir, the founder of the Automotive 30% Club and chief executive of Gaia Innovation

Jardine, JCT600 and TrustFord 'Inspiring Women' win Automotive 30% Club awards

​Jardine Motors and Trustford HR directors Clare Martin and Sharon Ashcroft gained special recognition as the Automotive 30% Club presented its annual ‘Inspiring Women’ automotive sector awards.

Automotive 30% Club 12 Jan
Ben logo

TrustFord’s Breakout for Ben initiative goes industry-wide to raise £1m

TrustFord’s mile-munching Breakout for Ben fundraising initiative will be rolled-out to the entire industry in a bid to help the automotive charity plug a £1 million fundraising gap in 2021.

BEN 12 Jan
TrustFord's Castleford car dealership

TrustFord employees assaulted and threatened in foiled Audi robbery

A fast-thinking TrustFord employee chased and apprehended a car thief who pushed aside a sales executive before speeding from the AM100 retail group’s Castleford forecourt in an £8,000 Audi A1.

3 Dec
TrustFord logo

TrustFord delivers £20,000 donation to Ben automotive charity

TrustFord has pledged to donate £20,000 from the TrustFord Trust to Ben in response to the charity’s urgent plea for assistance amid £1m funding shortfall.

23 Nov
For sale: TrustFord Alperton Ford dealership site

Ford car retail network cuts lead to £30m TrustFord Alperton sale

​TrustFord’s Alperton dealership site has been offered for sale as the Ford of Britain-owned AM100 car retail group consolidates as part of the brand’s plan to close almost half of its UK franchised retail sites.

20 Nov
AM Brexit graphic

Sytner, Lookers, TrustFord and NFDA lobby NI MPs on Brexit VAT hikes

Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.

20 Nov
Ford's Quick Lane fast-fit centre signage

TrustFord expands Quick Lane fast-fit network in Greater Manchester

TrustFord is poised to expand its Ford Quick Lane tyre and service aftersales fast-fit centre network with the opening of a £400,000 facility in Gorton, Greater Manchester.

19 Oct
Ford logo

Ford retailers’ Brexit VAT issue concerns branded as ‘scaremongering’

Suggestions that Ford car retailers could go out of business as the result of a Brexit-related change to the brand’s VAT invoicing have been branded as “scaremongering”.

9 Oct
TrustFord chairman and chief executive officer Stuart Foulds

TrustFord celebrates ‘stunning’ Q3 COVID-19 comeback

​TrustFord preparing for new store concept and aftersales openings after celebrating “stunning performance” to carry momentum from its COVID-19 comeback in Q3.

8 Oct

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