Tag Archives: Stoneacre

Stoneacre continues to invest in its Academy and EV training centre with over a third of previous apprentices being promoted tomanagement positions. In accounts filed at Companies House it said: “Stoneacre Academy has had a great year with our second cohort of technical apprentices graduating to qualified technicians and 38% of previous apprentices being promoted to management positions. “We have also ...

Stoneacre Motor Group turned in a strong performance for the year to 24 April 2022 with pre-tax profits up 64% to a record £43m. Turnover also broke new ground, up 37% to £1.3bn. New and used vehicle sales increased by 17% to 60,000 units despite supply constraints and its aftersales business grew by 21% to £110m. The Stoneacre Trade Parts ...

Stoneacre Volvo Sunderland, on Riverbank Road, has unveiled its brand-new five-million-pound showroom. The new-look showroom features Volvo’s signature lounge area, complete with Scandinavian furniture, free Wi-Fi and Swedish cakes and coffee. Helping combat the climate emergency and ahead of Volvo’s commitment to become a fully electric car maker by 2030, the retailer has also pledged that no refreshments will be ...

Stoneacre Motor Group is pumping £2m into refurbishing its Volvo dealership in Lincoln. The new-look showroom will open in January 2023 following the revamp, featuring Volvo’s signature lounge area, with Scandinavian furniture, free Wi-Fi and Swedish cakes and coffee. The refurbishment will also extend to the retailer’s cosmetic repair facility and storage centre. Stoneacre has a strong presence with Volvo, ...

Stoneacre turned in a strong performance for the year ended 25 April 2021 with pre-tax profits of £26.4m compared to £9.8m last time on turnover of £972.9m (£959.4). The dealer group used the government furlough scheme during the year and also cut its cost base with administrative expense declining by 2.3%. Turnover of its accident repair centre fell 17% as ...

Stoneacre Motor Group has announced its acquisition of Toyota Durham and Toyota Sunderland from Jardine Motors Group for an undisclosed sum on 30th July 2021. It now represents Toyota in seven locations: Stockton-on-Tees, Darlington, Northallerton, Newcastle-upon-Tyne, Gateshead, Durham and Sunderland and Lexus in Newcastle-upon-Tyne and Stockton-on-Tees. The latest acquisitions increase manufacturer representation to 29 franchises with 140 franchise locations at ...

It has been a busy time for dealers as they emerge from the pandemic and look to their business in 2021, dealing with new vehicle shortages and the impact that is having on the used car market. Many of the bigger dealer groups are looking to expand. Stoneacre Motor Group hit the acquisition trail this month with the acquisition of ...

  Stoneacre Motor Group has acquired the RMB Motor Group for an undisclosed sum. RMB represents Toyota and Lexus at Stockton on Tees; Toyota, Renault and Dacia at Northallerton; and Toyota, Renault and Dacia at Darlington. It also has an Autoparc used car centre at Yarm together with a body repair centre. RMB was created in 2003 by Robert and ...

Stoneacre Motor Group has strengthened its relationship with Renault and Dacia with a new build dealership for the two brands in Blackburn. Stoneacre already represents Renault and Dacia in Chesterfield, Stafford and Rotherham. The tie-up with Renault and Dacia is set to become stronger still with two further franchised locations to be announced soon. Stoneacre managing director Shaun Foweather (pictured) ...

  Stoneacre Motor Group is to create a giant parts and logistics hub in Doncaster to support the brands it represents. The group has signed a 15-year lease for 65,100 sq ft of space  at St. Modwen Park Doncaster, previously known as Parkside Business Park, which is already home to a mixture of engineering, automotive and logistics occupiers including Bosch ...