Lookers has confirmed it is expecting to make further redundancies across its group following the takeover of Alpha and delisting from the stock market.
Motorpoint has been cutting jobs, reducing stock purchase costs and halting its expansion plans as it fights to stem financial losses which the national car supermarket chain blames on difficult macroeconomic conditions.
Staff at Cazoo’s former SMH Fleet Solutions (SMH) used car refurbishment centre in Gloucester lamented the loss of the sprawling automotive business as it prepared to close its doors for the last time today.
Cazoo has removed 15 of its 22 used car handover centres from its website after staff were informed that a series of planned closures would be going ahead.
Heycar has been criticised after making 73 employees redundant as part of a global restructuring process described as being part of a “ruthless” drive to deliver improved profitability.
Mitsubishi owners have been assured their service and parts needs will be met by IM Group, the new owner of The Colt Car Company's aftersales business.
Keyloop chief executive Tom Kilroy has insisted new owners Francisco Partners “don’t have a set philosophy of making a lot of change” as the business embarks on a wide-reaching restructure.
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
Half the UK's car retail employees have been left facing a pay cut or freeze as wages “stagnate” amid changes accelerated by the COVID-19 pandemic, BDO’s latest Motor Salary Survey has revealed.
Chancellor of the Exchequer Rishi Sunak has extended the Government’s Job Support Scheme (JSS) to the end of March.
Arnold Clark chief executive Eddie Hawthorne has said that mental health concerns among AM100 the car retail group’s staff have gone “through the roof” due to the COVID-19 pandemic.
The National Franchised Dealers Association (NFDA) has launched a new HR survey in a bid to improve its support of car retailers through a greater understanding of the sectors’ employment issues.
Estar Truck and Van have acquired certain parts of the Roanza Mercedes-Benz commercial vehicle franchised dealership goup and its subsidiary Premier Vehicle Rental Limited – saving 340 jobs.
Cambria Automobiles is embarking on series of cost-cutting measures which will include a "significant reduction" in employee headcount due to the impact of COVID-19 lockdown.
Mini is reducing 400 agency jobs at its Oxford factory as a result of reduced new car demand caused by the Covid-19 pandemic.
The National Body Repair Association (NBRA) has called on Government to extend the Coronavirus Job Retention Scheme (CJRS).
A ‘false economy’ which has seen the UK’s car retail sector deliver on pent-up demand from the COVID-19 lockdown is masking the true extent of impending redundancies in the sector, Pendragon boss Bill Berman has told AM.
Pendragon has announced a plan to axe 1,800 jobs from its UK car retail network as part of a bid to create a “leaner and more sustainable operating model” in the wake of the COVID-19 crisis.
Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues and pre-tax losses of £188 million in the first half of 2020.
Imperial Cars has begun to consult its staff over widespread redundancies just two weeks after its acquisition by online car retailer Cazoo.
