Car Dealer
Hendy Group continues reshuffle as CFO is terminated with firm set to post a loss in 2024
Dealer group Hendy Automotive has continued to reshuffle its top team after confirming the departure of long-standing CFO, Jonathan Moritz.
Seven more EVs added to government’s Electric Car Grant – but they only get £1,500 price cut
Another trickle of EVs have become eligible for the government’s £650m Electric Car Grant (ECG) amid industry frustration with the ‘confusing’ incentive scheme.
JLR left unable to register cars on new plate day as global IT issue wreaks havoc
It’s traditionally one of the busiest days of the automotive calendar but a global IT issue left JLR dealers unable to register cars on new plate day.
Research reveals just SIX electric cars could qualify for the full £3,750 Electric Car Grant
Detailed research by Car Dealer Magazine reveals there could be just TWO electric cars available for the full Electric Car Grant for months.
Video: Dealers hold used car prices firm in August as values barely budge
Used car prices at car dealerships have barely moved in the last month as dealers hold their own in the face of reduced supply.
Dealer group Arnold Clark offers £750 incentive on used cars with own Electric Car Grant
While carmakers are grappling with the government’s Electric Car Grant on the sale of new electric cars, dealer group Arnold Clark is incentivising sales of used EVs.
Chery to launch in UK with 25 sites as boss admits success of Omoda & Jaecoo has ‘surprised’
Bosses of Chery UK have admitted that the runaway success of Omoda and Jaecoo models in the UK came as something of a surprise, even to them.
Motors reports ‘stable’ used car market in August as demand holds firm over summer
The used car market enjoyed a ‘stable’ month in August with prices, days to sell and stock levels all holding firm.
Toyota named UK’s most reliable car brand as famous British marque slumps to bottom of rankings
Toyota has been named the UK’s most reliable car brand but two famous British names have slumped to the bottom of the rankings.
Richmond Motor Group grows Hyundai partnership with Everton Garage takeover
Richmond Motor Group has expanded it partnership with Hyundai by completing the takeover of Everton Garage in Lymington.
Brayleys-owner completes Johnsons Cars buy-out in bid to join UK’s top 10 dealer groups
The deal is done – Brayleys-owner Athenaeum International Holdings has completed its acquisition of dealer group Johnsons Cars.
Lotus set to slash UK workforce as sports car maker puts 550 jobs at risk
Lotus is to slash the workforce at its Norfolk car building plant with as many as 550 jobs set to be axed.
Mercedes specialist Sandown Motors becomes latest car dealer to report falling profits in 2024
Bosses at Sandown Motors say the firm enjoyed a ‘satisfactory’ year in 2024, despite it becoming the latest dealer group to report a dip in profits.
Family-owned Brindley Group agrees deal to add Genesis to Cannock Hyundai site
Genesis has added a new car dealer to its list of retail partners after signing a franchise agreement with Brindley Group.
Scottish Government sets up new EV grant to support households without off-street parking
The Scottish Government is backing a new pilot scheme which aims to make electric vehicles more widely accessible north of the border.
Weekly Briefing: Could Amazon be in prime position to dominate used car advertising?
The Car Dealer Briefing from James Baggott summarises the week’s most important motor trade headlines for you all in one place.
