Jaguar Land Rover will open a network of manufacturer-owned stores as part of its launch of a new all-electric Jaguar range in 2025. Soon after a planned move to agency agreements by 2024 for its UK retailers, JLR will open a global network of owned dealerships. The manufacturer claims these will “completely change perception of […]

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Lookers first-half profit before tax above expectations is announced at  £49.9 million. The figure is down fractionally on the 2021 H1 figure of £50.4m. Last year’s figure however included £12.7m in government support. Turnover for the group was ahead of H1 2021 at £2.23bn. Lookers had previously stated it expected to announce underlying profit before […]

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OEM investment in electric vehicles, including extensive retailer training, means franchised retailers are better prepared to capitalise on the EV future than independents. So said Auto Trader Insight Director, Nick King, addressing a group of retailers during a recent NFDA session at the British Motor Show. Surprisingly, in a survey of 341 retailers, almost 1 […]

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Car retailers must rethink their customer propositions to offer greater financial security to cash-strapped customers, according to RAC Dealer Network. Lee Coomber is RAC sales agent director at Assurant, which partners with the RAC in the dealer and aftersales sectors. He thinks that retailers need to identify ways of providing reassurance to customers who were being offered […]

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SsangYong Motors UK is thrilled to announce that Humphries & Parks SsangYong joined its nationwide dealer network recently. Humphries & Parks has been a well-known name in Kent for 75-years. The company was founded in 1947 by Charles Humphries & Arthur Parks. The brother-in-law duo from Wadhurst, purchased an old Blacksmiths shop after leaving the […]

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Sinclair Group have gained two Land Rover dealerships and their first Hyundai franchise through the acquisition of Shukers. The deal sees the South Wales AM100 car retail group expand its territory in Wales with the Hyundai and Land Rover dealerships in Aberystwyth. Crossing the border into England for the first time, they now own the […]

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Snows Group have purchased Picador, the Hampshire Vauxhall dealer group. Picador have been retailing Vauxhall vehicles for almost 60 years. Around 90 staff from Picador’s dealerships at Sholing in Southampton and Chandler’s Ford near Eastleigh are expected to join Snows through the acquisition. Picador chief executive Graham Jacobs is retiring after more than 40 years at the […]

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The Stoner Motor Company has joined the growing Maxus commercial vehicle retail franchise with the addition of a new dealership in Essex. Dean Stoner, Director at Stoner Motor Company, said: “This is a key partnership for us. We’re delighted to be doing business with Maxus. Not only is the brand ahead of the curve when […]

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Rybrook Automotive Ltd, which calls itself one of the largest privately-owned retailer groups in the UK, has posted an £11.8m profit before tax for the year ended December 2021. This figure represents an increase from £1.4m in 2020. Turnover grew from £660m to £802m. In October last year Rybrook returned to the full ownership of […]

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Steven Eagell Group has bought the Toyota Centre in Oxford for an undisclosed sum. The former owner was Inchcape Retail. CEO, Steven Eagell, said: “I am very pleased to confirm we have completed the purchase of the Toyota Centre in Oxford. This is an exciting opportunity to further our relationship and success with Toyota. It […]

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