Car Dealer
Car dealer Gates performed ‘below expectations’ last year as Ford strategy stunts sales
Dealer group Gates performed 'below expectations' last year with bosses blaming 'extreme difficulties' for declining profits and turnover. Accounts
BYD to replace Peugeot at axed Marshall Motor Group car dealerships
A pair of car dealerships which were closed down when Marshall Motor Group decided to ‘downsize’ its relationship with Stellantis are to reopen after the retailer agreed new franchise agreements with BYD.
Glyn Hopkin announces shake-up to top team with trio of new franchise directors
Car dealer Glyn Hopkin has announced a major shake-up to its senior leadership team as it continues to grow after transitioning to an Employee Ownership Trust (EOT) last year.
Corrupt car dealer to be sentenced next month for £41,000 Evans Halshaw scam
A corrupt car dealer who abused his position as a salesman to fraudulently pocket more than £40,000 will be sentenced next month.
Day’s Motor Group sees revenue rise but pre-tax profit tumbles during ‘challenging’ 2024
Day’s Motor Group has signed off accounts for a ‘challenging’ 2024 which saw pre-tax profits tumble despite revenue rising.
Ford of Britain-owned TrustFord snaps up dealership from Islington Motor Group
TrustFord has announced the acquisition of a Ford dealership from Islington Motor Group in Trowbridge.
Omoda & Jaecoo achieve record UK market share as Ron Brooks announces third dealership
Omoda and Jaecoo have continued their growth in the UK by achieving their highest ever market share of 2.71% in July, with the Chinese brands set to open yet another new showroom in Nottinghamshire.
Family-run car dealer group Yeomans sees profit soar 30% in 2024 and pays huge dividend
Profit for the family-run car dealer group Yeomans soared in 2024 as turnover was boosted by new dealerships.
Bosses ‘extremely proud’ of Sinclair Motor Group despite profits being slashed in half
Bosses at the family-run Sinclair Motor Group say they are ‘extremely proud’ of the firm’s performance last year, despite profits being slashed in half.
Used car prices remain flat for fourth consecutive month as consumer confidence grows
The used car market is showing signs of strength in the second half of the year, with consumer confidence growing and average prices remaining nearly the same for the fourth consecutive month.
Electric car values were the strongest in July compared to other fuel types
Electric car values in July have shown increased consumer confidence in them and their pricing, with the latest figures showing their prices held stronger month-on-month than any other fuel type.
BYD forced to act over ‘ongoing uncertainty’ with its Electric Car Grant status
Chinese car brand BYD has said it has been forced to act following ‘ongoing uncertainty’ over whether its vehicles will be eligible for the Electric Car Grant.
First cars eligible for Government’s Electric Car Grant revealed… and they’re all Citroens
The first electric cars to be eligible for the government’s Electric Car Grant have been announced… and they’re all Citroens.
Tata Motors’ finance chief to replace retiring Adrian Mardell as CEO of JLR
JLR has moved quickly to replace outgoing CEO Adrian Mardell, with the carmaker appointing PB Balaji to fill the role.
Car dealers’ ‘patchy’ records could make car finance redress scheme ‘unfair’ – FLA
The FCA’s potential redress scheme for motorists who were mis-sold motor finance could run into difficulty as a result of car dealers’ ‘patchy’ records.
FJ Chalke chosen by building firm for the supply of over 150 bespoke vans
Family-run dealer group FJ Chalke has been chosen by a well-known building firm for the supply of Nissan vans.
