Caffyns turned in a strong performance in the year to March 2021 with profits of £1.4m compared to £103,000 last time on turnover down 16% to £165.1m. Like nearly all dealer groups during the year it cut costs, invested in digital and availed of government schemes to help the business get through the pandemic with showrooms closed in successive ...
Read More »Sytner group chairman Roger Penske to be honoured at Goodwood Festival of Speed
Sytner group chairman Roger Penske (pictured) is set to be honoured at this year’s Goodwood Festival of Speedby Mastercard for his career in motor racing. Sytner Group, part of Penske, will have an ALPINA stand onsite, showcasing the latest range of vehicles. Penske, who will be one of the VIP guests at this year’s event, will be honoured as part ...
Read More »Stoneacre acquires RMB Motor Group
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 ...
Read More »Toyota looks to boost service retention with new 10 year warranty
Toyota (GB) has overhauled its warranty proposition for dealers and customers with the launch of Toyota and Lexus Relax. This gives Toyota and Lexus owners 12 months/10,000 miles’ cover for their vehicle each time they have it serviced at an official Toyota or Lexus centre. The warranty is automatically applied and there is no extra cost to the customer. This ...
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