Industry
Donnelly Group directors ‘happy’ with 2024 results ahead of busy 12 months of expansion
Northern Ireland-based Donnelly Group saw a small dip in pre-tax profit last year, despite turnover jumping.
Weekly Briefing: Motorpoint back in profit, more Chinese cars arrive and Pod Point sold
In this week’s Car Dealer Briefing James Baggott rounds up the motor trade news you cannot afford to miss.
Government pledges 100,000 new on-street EV chargers through £381m package
Ministers have pledged some 100,000 street-side electric vehicle charging will be installed across England as a result of a £381m funding package.
Budget SUVs made used car dealers strong money in May while BMW was most profitable brand
Budget SUVs gave strong profits to used cars dealers in May, while BMW was the car brand that made dealers the most cash.
Ancaster Group expands Nissan representation with new Surrey dealership
Dealer group Ancaster is expanding its Nissan partnership with a new showroom in Surrey.
Democrats Who Want To Welcome Elon Musk Back Are Terribly Weak People, Says Dan O'Dowd
Rep. Ro Khanna suggested Democrats should welcome Musk back, but Dan O'Dowd, founder of the safety group the Dawn Project, couldn't disagree more.
Before Henry Ford: The forgotten Detroit pioneer who drove the first gas-powered car
Henry Ford's Quadricycle was notable in its own right, but Charles Brady King drove his own horseless carriage through the Motor City first.
Mitsubishi recalls nearly 200,000 SUVs. See impacted vehicles.
Mitsubishi believes there may be 198,940 impacted vehicles, including the 2022 to 2024 Outlander and the 2023 to 2025 Outlander PHEV.
Used car supermarket Motorpoint back in the black after turning £4.1m pre-tax profit
Motorpoint is back in the black after swinging into profit last year, latest accounts show.
Polestar adds to UK dealer network by opening new site on the south coast
Polestar has added to its UK dealer network with the addition of a state-of-the-art new showroom on the south coast.
Luxury car dealer Redline Specialist Cars taken over by AMT Auto in new ‘strategic alliance’
High-end car dealer Redline Specialist Cars has been taken over by vehicle solutions provider AMT Auto in a deal which aims to ‘create a powerful force in the nationwide vehicle market’.
Brindley Group adds to brand portfolio after signing up with Chinese XPeng
Brindley Group has added to its brand portfolio by opening its very first XPeng operation in the heart of the Black Country.
Car supermarket Trade Centre Group aims to bounce back from brutal 2024 losses
The Trade Centre Group says it is ‘enjoying the fruits’ of its team’s ‘hard work in 2024’ after notching up a chunky pre-tax profit for the first half of this year.
Independent car dealers are overcoming EV fears to embrace used electric stock – Auto Trader
Independent car dealers are beginning to overcome reservations about stocking used EVs amid ‘evolving consumer demands’.
Study finds that three quarters of UK motorists would now consider a Chinese car
Almost three quarters of UK motorists would now consider buying a Chinese car as the latest wave of disruptor brands continue to make their mark.
Car dealer Arnold Clark hopes to maul competition after agreeing rugby sponsorships
Car dealer Arnold Clark has agreed new sponsorship deals which will see it partner with both of Scotland’s professional rugby clubs.
