Automotive Management - AM-online
Mfldirect to support automotive charity Ben with every vehicle sale. Wholesale vehicle supplier Mfldirect has announced a new partnership to donate a portion of every used vehicle sale to industry charity Ben, which could mean raising £108,000 over the course of the six-month initiative. Supplier news 15 Oct.
Manufacturer insight - new car sales figures - AM-online
New car sales figures: year to date. The graph below shows the progression of new car sales year-on-year from 2001 to the last full month of the current year. Below the graph is a total annual registrations and the percentage change from year-to-year. This is followed by a breakdown from the SMMT of registrations by sales type, retail, business ...
Group 1 Automotive completes takeover of Inchcape's car …
Aug 1, 2024 · Group 1 Automotive has completed its £346 million takeover of Inchcape Retail, adding 54 car and van dealerships in a "monumental transaction" that will put it into the top five of the AM100 rankings of UK's largest motor retailers. Doing so expands Group 1 Automotive UK's trading area into the Midlands and the North West of England, and into ...
Deal means Sytner now owns one in every six of UK's BMW …
9 January 2024. Car dealer news. The AM100 leader, Sytner, now owns a sixth of the entire UK network of BMW and Mini dealerships, following the completion of its latest takeover. Its US-based parent, Penske Automotive Group, has announced that it has now completed the acquisition that Sytner revealed was under way in December, adding four BMW ...
Sytner to acquire AM100 dealer Rybrook - AM-online
Dec 11, 2023 · Sytner is set to expand its portfolio of luxury car dealerships with a takeover of the majority of AM100 dealer group Rybrook. Once the multi million pound deal completes in January Sytner will gain 15 sites delivering annual revenue nearing £800 million, making Sytner the first dealer group ever in the UK to be on the way to £8 billion turnover.
Footage reveals full scale of devastating fire that ravaged Ron …
Aug 20, 2024 · Footage released by South Wales Fire and Rescue Service reveals the full scale of the devastating fire that severely damaged the Ron Skinner and Sons car dealership in Tredegar. More than 100 firefighters were deployed to combat the fire which engulfed the large showroom on Friday, August 16. Local residents were advised to keep doors and ...
China's Chery officially launches Omoda new cars in UK market
30 August 2024. Manufacturer News. The newest entrant from China into the UK's new car market has started sales after a VIP launch party showcasing the Omoda 5 petrol car and Omoda E5 electric car last night. Chery, China's largest exporter of cars, has ambitious plans for its Omoda and Jaecoo brands to tempt thousands of UK drivers through a ...
Lookers joins stocking race with ‘click and sell’ used car buying …
16 December 2021. Car dealer news. Lookers has boosted its fleet of vehicle delivery and collection lorries alongside the launch of a new ‘click and sell’ online used car buying platform aimed at sourcing stock from private sellers. In-line with an acceleration in the car retailers’ stock acquisition activity, which has seen platforms ...
MotoNovo CEO Mark Standish departs after overseeing business …
Aug 4, 2021 · By Tom Sharpe. MotoNovo has promoted Karl Werner to managing director after its chief executive Mark Standish left the business as part of a restructure of the business. Werner made the move from his post as deputy chief executive following Standish's decision step-aside after overseeing the integration of MotoNovo within parent Aldermore Group.
Steer Automotive attracts European investor as Keyhaven exits
Jan 19, 2024 · Private equity firm Keyhaven Capital Partners has agreed to sell its equity stake in independent collision repair group Steer Automotive to pan-European private equity investor Oakley Capital. The bodyshop group's founder Richard Steer and the current management team will continue to lead the business and are reinvesting alongside Oakley.