On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair, discuss the week’s headlines from Motortrader.com. Two more high profile dealers, Sytner and Clive Sutton join London Motor Show line-up and the RAC launches a used car code accredited by the Chartered Trading Standards Institute. RA Creamer & Son is closing its Jaguar business in Kensington after 90-years with ...
Read More »Sytner and Clive Sutton join London Motor Show line-up
Two more high profile dealers have joined the line-up for the 2017 London Motor Show. Sytner will return to the event representing both BMW and Mini in an expanded area now covering 10 stands. Clive Sutton, the London-based luxury car retailer, will show a selection of new American muscle cars including the Cadillac Escalade and Camaro, Chevrolet Suburban and models from ...
Read More »CitNOW recruits former Sytner and EMaC directors
CitNOW has recruited industry heavyweights Geoffrey Page-Morris, the former operations director of Sytner, and Angela Barrow, the former CEO of EMaC, to non-executive positions. Page-Morris joins as non-executive chairman and Barrow as board advisor and its first equity investor. The announcement follows the automotive video technology specialist securing a multi-million pound fundraising deal with Santander Growth Capital. Commenting on his ...
Read More »Sytner invests £1m in Teesside Mercedes-Benz dealership
Sytner has pumped £1m into the redevelopment of its Mercedes-Benz dealership in Stockton-on-Tees. The completion of the six-month project in Teesside was marked with the unveiling of a plaque by David George, sales director, Mercedes-Benz Passenger Cars UK. Since Mercedes-Benz of Teesside opened in 1991, more than 30,000 new and Approved Used cars and 2,000 smart cars have been purchased ...
Read More »Sytner car sales website generates £28k for motor charity BEN
Sytner Group has raised £27,721 for BEN, via its online auction site, during a year of fundraising. Sytner Group represents 19 brands in over 100 dealerships and supports BEN by donating £1 from every car sold on its website. BEN offers a range of free and confidential information, advice and guidance to help people be Mentally Fit, Financially Fit, Socially ...
Read More »Former Sytner director joins TestDrives2U
Former Sytner operations director Geoffrey Page-Morris has joined the advisory board of TestDrives2U, the newly launched online test drive specialist which is currently piloting its service with franchised dealers. TestDrives2U partners with dealers to offer test drive cars to a customer’s home or workplace. Participating dealerships pays a monthly subscription and a commission for any sales resulting from the test ...
Read More »Inchcape tops Sunday Times Best Big Companies to work for
Car dealers Inchcape and Sytner have been voted the best big companies to work for in the Sunday Times listing. In the Top 25 Best Big Companies to work (companies employing over 3,000 staff) Inchcape was ranked in first position, moving up seven places from last year. In second place was Sytner, the same as last year while Halfords was ...
Read More »Sytner profits rocket 26% to record £81m in 2014
Sytner Group turned in a record performance in 2014 with pre-tax profits up 26% to £81.4m on turnover up 14% to £3.7bn. Sytner is owned by Penske Corporation in the US, which filed its Q3 results yesterday. The results show the Sytner business continues to grow in 2015 with turnover of $1.84bn (£1.2bn) in Q3 accounting for 37% of Penske’s $4.9bn turnover ...
Read More »2014 Motor Trader Top 200 Dealer Survey
The 2014 Motor Trader Top 200 survey sees dealers taking advantage of buoyant new car and used car markets The combined pre-tax profit for the MT Top 200 dealers surged 29% to £722m on turnover up 12% to £52bn. The return on sales for the 2014 MT Top 200 averaged 1.3%, a marked improvement on the performance in the 2013 ...
Read More »Motor Trader Top 200 sees profits surge 29%
Dealer groups turned in a strong performance in the 2014 MT Top 200 survey published in the November issue of Motor Trader. The combined pre-tax profit for the Top 200 dealers surged 29% to £722m on turnover up 12% to £52bn. The return on sales for the 2014 MT Top 200 averaged 1.3%, a marked improvement on the performance in ...
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