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A second pitch from Anders Hedin and Roger Penske's dealer groups to acquire Pendragon in its entirety has upped their offer from 28p per share to 32p per share.
The restructuring agreement announced by online car dealer Cazoo this week to “deleverage” its capital structure and further improve its “financial flexibility” won't yet smooth its investors' journey, and stakeholders should "buckle up" according to one expert.
Sales of used diesel cars up to four years old could soon enjoy a renaissance following Rishi Sunak’s delay on banning new ICE car sales until 2035.
Lookers has relaunched its Kia dealership in Chester following a major £1.8 million transformation.
Laura Brailey has been promoted to the position of sales director at Mazda UK in recognition of her 28 years’ experience and familiarity with Mazda UK and its dealer partners.
The FCA has given insurers a three-month ultimatum after recent data revealed that guaranteed asset protection (GAP) products could be failing to provide fair value.
BDO partner Chris Bond has taken over from Steve Le Bas as its new head of motor retail in the UK.
Consumer incentives must be put in place by the UK Government as a matter of urgency in the wake of its decision to delay the ban on the sale of new petrol and diesel cars from 2030 to 2035.
UK U-turn on 2030 must not impact EV upskilling and investment in infrastructure
