UHY Hacker Young
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Acquisitions and deals 3 JanRRG and Norton Way owner acquires HPL used car supermarket group
RRG and Norton Way owner Marubeni Auto Investment has completed the acquisition of a majority shareholding in three-site used car supermarket business HPL Motors Group.
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Acquisitions and deals 8 DecVertu adds Ferrari and Volvo dealerships with 28-site Helston Garages acquisition
Vertu Motors has added its first Ferrari supercar and Volvo dealerships to its car retail portfolio through the £117 million acquisition of Helston Garages.
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Market Insight 6 DecClimate hots-up for car retail M&A, with overseas investors in pole position
Warnings of the longest recession on record could signal further market disruption that will turbocharge the motor retail sector’s mergers and acquisitions (M&A) outlook.
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Acquisitions and deals 1 DecRybrook completes acquisition of Helston Garages Porsche Exeter
Luxury car retail group Rybrook has completed the acquisition of Helston Garages’ Porsche car dealership in Exeter.
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Acquisitions and deals 30 NovYeomans acquires 11 Audi, Volkswagen and Skoda dealerships from Helston Garages
Yeomans Group has completed the acquisition of 11 Audi, Volkswagen, VW Commercial Vehicles and Skoda franchised car dealerships from Helston Garages for an undisclosed sum.
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Acquisitions and deals 10 OctEndeavour Automotive adds more Hyundai dealerships in Turners acquisition
Endeavour Automotive taken its Hyundai representation to seven locations with expansion in East Anglia through the acquisition of car retail group Turners.
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Car Dealer News 12 MayGlen and Thomas Obee awarded Strategic Success trophy at 2022 AM Awards
Brothers Glen and Thomas Obee have been awarded a new Strategic Success Award at the 2022 AM Awards in recognition of their work to grow Motorline, the AM100 dealer group which they sold to Marshall Motor Holdings in 2021.
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Market Insight 23 MarInvestors poised for record year for car retail group acquisitions
The UK’s large car retail groups and PLCs will be joined by international investors and disruptors such as Cazoo and Constellation Automotive in what is likely be a record year for mergers and acquisitions.
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Supplier News 7 MarUHY Hacker Young confirmed as AM Awards auditors
AM is delighted to announce that the Manchester-based automotive team of UHY Hacker Young has taken on the role of auditor for the 2022 AM Awards.
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Latest News 15 NovSoaring energy prices compel car dealers to switch off the showroom lights
Car retailers could be compelled to turn out the showroom lights and accelerate decarbonisation as energy price rises start to impact margins, AM has been told.
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People News 6 SepUHY Hacker Young appoints former ASE partner Ian McMahon
UHY Hacker Young has announced the expansion of its automotive team with the appointment of experienced ex-ASE partner Ian McMahon.
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Acquisitions and deals 29 JulL&L Automotive acquires Mercedes-Benz Retail Group’s Hemel Hempstead dealership
L&L Automotive has acquired Mercedes-Benz Retail Group’s Hemel Hempstead dealership as the German premium car brand acts on plans to sell-off its UK retail operation.
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People News 16 JunUHY colleagues pay tribute to colleague Brian Leyland
Friends, colleagues and business associates of UHY Hacker Young partner Brian Leyland have paid tribute to the “always fun” property expert following his sudden death.
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Retailing 10 MayA future for regional motor retailers
Experts from ICDP, ASE and UHY Hacker Young respond to suggestions that motor retail's evolution could leave 'regional hero' dealer groups vulnerable.
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People News 22 JanUHY Hacker Young appoints Ryan Wear as new audit partner
UHY Hacker Young has appointed Ryan Wear as its new audit partner as the firm plans for further grow in 2021.
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Market Insight 12 NovNumber of Tesla EVs on UK roads trebled in a year, report finds
Tesla’s move from niche luxury vehicle maker to mass-market manufacturer has begun to take shape after the number of its US-built electric vehicles (EV) on UK roads trebled within a year.
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Opinion 27 AprKey ‘business fraud’ issues: lessons learned from Lookers’ £4m black hole
It is interesting to see further details announced today around the ongoing financial investigation at Lookers.
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Car Dealer News 3 AprGovernment opens-up coronavirus interruption loans to larger businesses
Car retail groups with revenues of up to £500 million are now eligible to apply for funding from the Government's Coronavirus Business Interruption Loans (CBIL) scheme in a bid to drive support during the COVID-19 lockdown.
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Market Insight 20 MarA car dealer's guide to Government coronavirus loan applications
Chartered accountants UHY Hacker Young have prepared a guide to help car dealers prepare applications for Government loans set to help businesses following the COVID-19 coronavirus outbreak.
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Market Insight 25 MarCar dealers cut debt by 22% to guard against ‘post-Brexit storm’
The UK's top 100 car retailers have cut 22% of debt from their business in order to avoid a “post-Brexit storm”, according to the findings of research carried out by UHY Hacker Young.
