Marshall Motor Group has appointed two new group MDs who will divide the retailer’s brands between them, in a move believed to be similar to that of Pendragon with its Stratstone and Evans Halshaw branches. Mark Robinson, former CEO and founder of Vantage Motor Group, and Trevor Fussey, former Stratstone boss, were last week both […]

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More than 125 Subaru retailers last week heard new MD Lorraine Bishton rule out the agency model and commit to franchised retailers. “The dealer model is here to stay,” she said. “People buy from people.” The event in North Yorkshire was part of a renewed focus on the Subaru brand by parent IM Group, which […]

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Hyundai will reduce its retail partners by almost a third but increase the number of franchise points to 173 over the next four years. Speaking exclusively to Auto Retail Agenda, the brand’s business transformation director, Nick Tunnell, said the manufacturer planned to reduce the number of retail groups it deals with from 75 to 54 […]

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Retailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last week’s Vehicle Remarketing Association conference about future challenges facing the industry, said: “We need to sell over 23% extra cars just to stand still under the agency […]

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Two of the UK’s largest used car supermarkets look set to become one as Peter Waddell’s Big Motoring World is understood to be in the process of buying rival Available Car. Auto Retail Agenda understands that senior staff have been called to a meeting today (Thursday, 31 August) to be told about the takeover. Peter […]

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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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Tom Kilroy, James Smullen and Charlotte Murray are confirmed as the speaking panel for the next Auto Retail Network webinar. Keyloop CEO Tom Kilroy, Waylands director James Smullen and Marketing Delivery commercial director Charlotte Murray will discuss the technology in retail revolution in an exclusive, free-to-join webinar which will take place on 27 July. Key […]

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The Society of Motor Manufacturers and Traders (SMMT) has called on every political party to recognise the strategic importance of the automotive sector to the UK. The SMMT has created and launched “Manifesto 2030: Automotive growth for a zero emission future”. The Society hopes to create the conditions for a 10-fold rise in annual battery […]

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The German eLCV brand B-ON are set to offer commercial fleets a greener alternative to traditional ICE delivery vehicles in the UK. International Motors Limited aims to established 25 dealerships by the end of 2023. Each site will be offering the B–ON franchise, with plans for further expansion of the network in 2024 and the […]

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Lookers is set to be bought by Canada’s Alpha Auto Group, via a UK entity called Global Auto Holdings, in a £465m deal. The deal by the privately owned Canadian retailer network was first announced by Sky News and has been confirmed this morning. It is an all-cash offer for Lookers by the bidding vehicle […]

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