Stellantis chairman John Elkann has started a search for CEO Carlos Tavares’ successor. His contract runs out in early 2026. Stellantis said it was “normal to initiate a search” and it was possible Tavares could stay after that. Pressure on Tavares is increasing and Elkann is reportedly increasingly dissatisfied with the situation in North America, […]

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Used car supermarket group Big Motoring World, is consolidating its two Peterborough dealerships into one site. Its north Peterborough dealership in Werrington had been its prestige brand specialist, while its Fengate dealership in the south of the city focused on mainstream cars. Both were SW Car Supermarket sites which Big Motoring World acquired in 2021. This […]

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Lookers owner, Global Auto Holdings, is reportedly nearing a deal to buy one of Denmark’s largest retail groups, KW Brunn Import for $1.2bn (£900m) including debt. The deal could be announced as soon as Friday. Global Auto Holdings, owned by Kuldeep Billan, last year purchased Lookers for £504m. Billan also owns Canada’s Alpha Auto. The […]

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Howards Toyota has secured ‘Gold’ accreditation from the Best Employer in Town (BEiT) programme and is one of only two Toyota dealerships in the UK to secure this status. Founded in 1972, Howards Motor Group represents 10 brands across Somerset and Dorset. The BEiT accreditation acknowledges Howards Group’s continuous commitment to its employees, focusing on […]

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Stratstone Land Rover Stockton, on the Preston Farm Industrial Estate, is up for sale for £5,870,000. The purpose-built JLR retailers is described as an investment opportunity in a “dominant car dealership location”. The 24,780 sq ft site was constructed in 1990 and boasts 250 car spaces. It is let to Reg Vardy (Property Management) Ltd. […]

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John Clark Motor Group has completed the acquisition of a dealership from Gillanders Motors. The Kia dealership will remain at its current location on the Blackhouse Industrial Estate and the full Gillanders team will transfer to John Clark Motor Group in the acquisition. The Peterhead dealership introduces the Kia brand to the AM100 group’s franchise […]

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It has been reported that Volkswagen Group wants to reduce its UK business partnerships from 170 to fewer than 25. The move is part of the embattled brand’s plan to slash costs by €10bn. As part of the overhaul, Volkswagen is considering cutting its Northern Ireland retailers from more than a dozen to just two. […]

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Three men involved in running a fraudulent luxury car dealership, Mansori Cars, have walked free from court after conning customers out of £720,000. The fraudulent business, which operated out of Warrington’s Birchwood Park, targeted dozens of customers by selling high-end vehicles and withholding the proceeds. Many victims only found out their cars had been sold when […]

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Chinese new entrant brand BYD has increased the number of franchise points it aims to have from 100 to 120 by the end of 2025. BYD is close to its target of 60 showrooms by the end of 2024 but hopes to double that in 2025 through its existing 20 brand partners. The manufacturer has […]

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China new entrant Chery is “weighing up the possibility of building cars in the UK,” according to UK head Victor Zhang. It is already preparing to build cars in Spain, at a former Nissan factory. “For the UK, we are also evaluating. To be honest, we are open for all options and opportunities.” Chery’s Omoda […]

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