Car supplies could take up to eight years to recover after component shortages and COVID-19 factory closures, according to Pendragon chief executive Bill Berman.
Pendragon will re-launch its CarStore division with a new hybrid sales process designed to remove the “restrictive” process of traditional retail and new online rivals, chief executive Bill Berman has told AM.
Ancaster Group has opened its seventh Nissan dealership in a new showroom facility created from Robins & Day’s former Vauxhall dealership at Heathrow.
Supercar and luxury vehicle retailer HR Owen has reported a seven-fold rise in pre-tax profits in its 2020/21 annual financial results.
Vertu Motors has recruited Auto Trader franchise brand director Chris Penny as its new group strategic projects director.
Vertu Motors has acquired a site for a new Bristol Street Motors MotorNation used car dealership business in Stockton, Teeside.
Bristol Street Motors has joined Co-Op Live as a founding partner of the new 23,500-capacity arena opening in Manchester in 2023.
Vertu Motors become the ‘Official Car Retailer’ League One football team Sunderland AFC for the remainder of the current season.
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.
Pendragon has increased its profit expectations for 2021 by a further 14.3% after continued car buyer demand powered it to another profit upgrade.
Caffyns has revealed turnover up by 29.8% and a 62.3% rise in profit before tax in published results for the first half of its financial year.
Snows Motor Group is rolling out a new company-wide talent management programme as part of its 60th anniversary celebrations.
Vertu Motors has appointed Darren Binge as head of business and Stuart Porter as service manager at its Harrogate Volkswagen dealership.
Inchcape UK has unveiled the new bravoauto for its expanding used car retail division ahead of its expansion to 20 locations in the next three years.
Automotive Management (AM) and BDO will reveal the official countdown of the 2021 AM100 car dealer rankings and deliver in-depth insight in a free-to-view webinar.
Mercedes-Benz Retail Group has continued to sell-off its UK car retail sites with the sale of its Epsom dealership to Sandown Motors.
Sytner Group has officially begun trading from Ferrari’s first new franchise point for 15 years ahead of the opening of a new Glasgow showroom in Q1 next year.
Inchcape chief executive James Brearley will leave his post at the end of this year to “to take up a new challenge”, a statement from the AM100 car retail PLC has revealed.
Vertu Motors has donated £140,000 to Junction 42, a North East charity committed to transforming the lives of offenders, their families and communities.
Snows Motor Group has added a sixth Peugeot dealership to its franchise portfolio through the acquisition of Hamble Motors of Southampton.
