Penske, which owns Sytner in the UK, has bought Bill Brown Ford of Michigan, the world’s largest Ford retailer by sales volume. Established in 1941, it will add $550m (£425m) to Penske’s revenue. The Bill Brown name will remain on the business.
Read More →Mon Motors has acquired seven Volkswagen Group retailers from Heritage Automotive. They include Bristol Seat, Cupra, Skoda and Volkswagen, Gloucester Skoda, Cupra, Seat and Volkswagen, and Weston-Super-Mare Skoda and Volkswagen. According to bespoke industry data from Auto Retail Network, the deal leave Heritage with two Audi, one Honda, two Ineos, one Skoda and three Volkswagen sites […]
Read More →From 1 July, Ford will allow its entire US retailer network to sell electric vehicles. The costly plan divided the firm’s retailer network, with nearly half being prohibited from selling or servicing electric Fords. This will reverse the controversial Model e program that rolled out less than two years ago. “They ought to be embarrassed […]
Read More →Ford has reportedly backed down on plans for agency. It is instead planning a hybrid approach that utilises the strengths of its franchise network while capitalising on opportunities of data sharing. “We’ve evolved our thinking to become what we call an ‘advanced franchise’ model,” Ford EV sales and brand management boss Anna Lena Strigel told Autocar […]
Read More →Ford has partnered with EV charging network Allego to roll out ultra-fast chargers for customers and public at its European retailers, including the UK. The first chargers will be installed starting Q1 2025 and be in place over the next three to four years. Allego is investing in the charging stations, so will receive the […]
Read More →Lookers has opened its £6 million new and used vehicle multi-franchise hub in Middlesbrough. As well as multi-franchise vehicle sales, the centre will focus on all-electric driving including specialist servicing, maintenance and body repair. The site also houses Ford and BYD dealerships. Lookers’ investment in the site will contribute towards Middlesbrough Council’s ambition of becoming […]
Read More →Ford is planning to cut more than half its current retailer network in time to for a switch to agency sales, according to Auto Retail Agenda sources. It is understood the network was issued with termination notices last year and it was known a cut back was planned. However, final numbers for those that will survive […]
Read More →Ford is considering a move to the agency model for its UK retail network and in other countries, executives within the firm have confirmed. Two years after Auto Retail Agenda exclusively revealed Ford planned to halve its network, and 18 months after Lisa Brankin took over as managing director, the brand is now looking at […]
Read More →Hartwell have announced the opening of a New Ford dealership representing car and commercial vehicles in Reading. This is the UK’s first full Ford Signature site with Ford’s new global look. The franchise dealer group opened the doors of the new facility as car dealerships across the country reopened after Lockdown-3. Ford Motor Company retail […]
Read More →Ford, the UK’s largest car brand, is expected to cut almost half its 400-strong dealer network over the next four years. The move would mean a reduction of 180 dealerships, the aim being to improve profitability. Ford will reveal a network overhaul at its investor conference on 26 February. Managing director Andy Barratt said no […]
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