Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry.
Vertu Motors has completed the acquisition of the Bristol Street Group creating the eleventh largest dealer group in the UK. Vertu will grow further The highly acquisitive business, which only formed in December last year, has bought a placing of shares in Bristol Street worth £26.2m, giving it full control of the company. Vertu has made no secret of ...
Read More »Caffyns gains tax windfall
Caffyns has been awarded a multi-million pound tax rebate from Her Majesty’s Revenue and Customs but may still have to pay it all back. The southern-based dealer group, ranked 48 in the Motor Trader Top 200, has received just short of £3m. The amount received comprises the claim of £1.3m and interest of £1.6m. The refund came from a ...
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