Ian McMahon has been named as the new head of automotive at Cooper Parry (CP) - auditor for the AM Awards – signalling a major step forward in the firm’s national sector strategy.
The Manchester-based automotive team at UHY Hacker Young - auditor for the dealer categories in the AM Awards – has become part of fast-growing accountancy firm Cooper Parry.
US and Canadian investors are looking for opportunities in the UK’s automotive retail market and further acquisitions are expected to take place this year.
Used car finance platform Evolution Funding is to acquire motor finance broker Creditas Financial Solutions.
JCB Group has acquired Ashford Orbital who represent Kia, Mazda and Suzuki in Ashford.
M&A advisor UHY Hacker Young is targeting the US and Canadian market through a strategic partnership with automotive intelligence and M&A firm DSMA.
With Lookers and Pendragon the subjects of acquisition, the listed UK motor retailer is fast becoming a rarity. Tom Seymour consults the experts
The number of licensed supercars in the UK has increased by only 3% in the past year.
Our winner, Steven Eagell, has built extremely close manufacturer relationships and has taken selected acquisition opportunities as they came to expand into a significant partnership with Toyota and Lexus.
Alex Wright finds out from industry experts what they see as the likely cause and impact of cuts to the UK's Renault and Dacia dealership networks
David Kendrick of UHY Hacker Young joined the AM News Show podcast with AM editor Tim Rose to discuss dealership acquisitions and motor retail excellence
UHY Hacker Young’s automotive-leaning Manchester operation is aiming to double the scale of its business following the creation of an executive team led by new chief executive David Kendrick.
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.
Vertu Motors has added its first Ferrari supercar and Volvo dealerships to its car retail portfolio through the £117 million acquisition of Helston Garages.
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.
Luxury car retail group Rybrook has completed the acquisition of Helston Garages’ Porsche car dealership in Exeter.
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.
Endeavour Automotive taken its Hyundai representation to seven locations with expansion in East Anglia through the acquisition of car retail group Turners.
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.
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.
