Constellation Automotive Holdings has offered 400 pence a share for Marshall Motor Holdings. This values the franchised dealer group at £322.9 million. Constellation has already received an “irrevocable undertaking to accept the offer from Marshall of Cambridge (Holdings) in respect of its entire shareholding”. This represents approximately 64.4% of the PLC dealer group. Constellation is […]
Read More →Inchcape UK has announced it is rebranding its UK used car centres as Bravoauto. There are currently five site but plans are to open 20 new standalone sites over the next three years. The first centre opened in Chester last Friday (Nov 19). Inchcapes’s other used car dealerships in Bolton, Burton, Cheltenham, Derby and Shrewsbury […]
Read More →SsangYong Motors UK is pleased to announce the addition of Balmer Lawn to its franchised dealer network. The SsangYong showroom is conveniently located in Dibden Purlieu, Southampton. Balmer lawn, which was founded in Brockenhurst in 1971, also has showrooms operating in Salisbury, New Milton and Brockenhurst. Kevin Griffin, managing director at SsangYong Motors UK, said: […]
Read More →The BBC has reported on the “boom” in online car sales in a widely-read online piece. Cazoo boss Alex Chesterman stated that online and offline retailers can still coexist. “We are at less than 2% digital today and maybe we get 20% digital in five years. That still means 80% of the world carries on […]
Read More →Sytner is opening a new Ferrari franchised dealership in Glasgow. It will be the groups fifth Ferrari site and the manufacturers first UK franchise in 15 years. Sales have already commenced as building work continues; the new site will officially open in Q1 2022. The state-of-art facility will feature a 10 car showroom for new cars from the current […]
Read More →Stellantis’ owned retail divisions PSA Retail and FCA’s Motor Village, have been rebranded ‘Stellantis &You, Sales and Services’. The firm claims it is the second-largest automotive distribution company in Europe. The new branding will be used across 12 countries. Their goal is to have 25% online sales by 2030. This will improve retailer profitability by […]
Read More →Snows Motor Group has bought Hamble Motors of Southampton, which now makes it one of the largest Peugeot dealers in the UK. Snows bought the single-site Hamble Motors for an undisclosed sum. The deal means Snows now have six Peugeot franchised dealerships. The Hamble Motors showroom offers new and used car sales and fleet and […]
Read More →Vertu Motors Plc have opened their second MG franchised dealership with Bristol Street MG Beaconsfield, Buckinghamshire. The first Bristol Street Motors MG site opened in Carlisle, Cumbria, in August 2021. The company believes the MG offers a great opportunity to increase sales and EV penetration. The new dealership carries a range of new and used […]
Read More →Ordering will open for the Chinese ORA Cat electric car in December 2021 with prices starting from around £25,000. Ora is a new brand from the giant Great Wall; it is also concurrently launching a new premium brand, Wey, in Germany. ORA Cat deliveries will begin in March 2022 – when a retail network of around 30 […]
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