New diesel and petrol cars and vans will be banned in the UK from 2040, says Michael Gove, Environment secretary. This is in a bid to tackle air pollution. He will also set up a £255m fund to help councils tackle emissions from diesel vehicles. The government is under a legal duty to publish a […]
Read More →Eastern Western Motor Group has reported a rise in profits in its latest results for 2016. The group report a rise of almost 7% to £9.6 million. Like-for-like new car sales grew by 3% and used car sales by 10%, while aftersales revenue increased by 9%. The Scottish dealer group has been undergoing significant expansion. […]
Read More →Stoneacre Motor Group has purchased the remaining Gilder Group dealerships in Sheffield, Rotherham and Chesterfield for an undisclosed sum. In 2013 Gilder Group sold nine of its dealerships to JCT600. Shaun Foweather, Stonacre’s Managing Director had announced plans for further expansion earlier this year. The group currently has 68 franchises in 40 locations. According to […]
Read More →St Leonards Motors Group, based in South East England has bought the East Anglian family owned Dingles Motor Group. Dingles had franchises for Hyundai, Toyota, Lexus and Isuzu. Companies House records show Dingles posted a pre-tax loss in both 2014 and 2015 of £270,000 and £455,000 respectively. Turnover for 2014 was £35.2 million and £36.4m […]
Read More →SsangYong has appointed five new dealerships giving them a UK network of 64 sites. The new signings are Duthies of Montrose, FG Barnes Maidstone, Burrows Motor Company in Sheffield, SB Wakefield and Canterbury SsangYong. The Korean brand is building its UK network in preparation of its all-new Rexton SUV launch in the autumn. SsangYong enjoyed record levels […]
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