Canada’s Alpha Auto, through its UK entity Global Auto Holdings, has increased its takeover offer for Lookers to 130p a share. Global Auto Holdings, referred to as Bidco, has also announced that the increased offer will switch to a takeover offer for Lookers. Today’s takeover offer differs from the original scheme offer in the way voting for […]

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Auto retailers have reported a rebound in sales during the first week of car showrooms being open in England after being shut since the last week of March. Several retailers reported a positive week with pent up demand seeing sales do better than cautious expectations. Auto Trader agreed with the trend and reported record visits […]

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