Arnold Clark Motorstore has opened a Motorstore in Nottingham its 22nd UK outlet. The branch has 400 nearly-new and used cars on site with access to over 18,000 vehicles on the Arnold Clark database. The branch also has car and van rental facilities, a fully equipped valeting area and a service department, as well as Wi-Fi access and a kid’s ...
Read More »Profits rocket in Motor Trader Top 200
The 2015 Motor Trader Top 200 shows franchised dealer groups in rude health delivering significant increases in turnover and profitability. Overall profit for the MT Top 200 increased by 22.3% from £722m last year to £883m The billion pound turnover club saw three new entrants this year with Listers, Marshall Motor and JCT600. There are now 12 groups each delivering ...
Read More »Dealer Profile: RMB Automotive
The rebuilding of the Renault dealer network has continued apace, the latest opening being the RMB Automotive outlet in Northallerton, North Yorkshire. For RMB managing director and owner Robert Bennett, the opening brings him back to a brand he knows well having spent 32 years with Renault, eventually running the Renault Retail Group, before leaving to set up his own ...
Read More »WR Davies gets funding to upgrade and expand business
North Wales and Staffordshire-based dealer group WR Davies has secured £4.5m funding to invest in the business. The third-generation family-run car and van group, headquartered in Welshpool, aims to upgrade premises and expand regionally using funding from Lloyds Bank Commercial Banking. WR Davies represents Ford, Renault, Dacia, Citroen, DS, Nissan and Toyota. The business is now rolling out an upgrade ...
Read More »Perrys hits the acquisition trail with GK Group deal
Perrys Group has bought Chesterfield-based GK Group for an undisclosed sum. GK, which represents Ford, Mazda and Kia, is rated 78 in the most recent Motor Trader Top 200 with annual turnover of £149.9m The company was owned by George and David Kenning, both of whom are retiring from motor retailing. George Kenning said: “Perrys is a strong, highly successful, ...
Read More »Lloyd Motor Group buys Bateman of Lindale
Cumbrian based business Lloyd Motor Group has bought Bateman of Lindale for an undisclosed sum. The BMW and Mini dealership will be rebranded as Lloyd South Lakes and will serve South Cumbria and the Lakes, as well as the Lancaster and Morecambe areas. In an announcement on the company website Gary Bingley, franchise director with Lloyd Motor Group said: “This ...
Read More »MT Top 200 dealer groups embrace live chat and video
Dealers in the Motor Trader Top 200 are increasingly using digital tools to boost their business. Research carried out by GForces found that Live Chat is now being used by 43.5% of the Top 200 dealers compared to just 8% in 2010. Of those who offer live chat, half offer out of hours service, said GForces group strategy director Tim ...
Read More »West Way adds Altrincham dealership to Nissan ranks
West Way has acquired a Nissan dealership in Altrincham in the North West of England from Vertu Motors. The deal follows the purchase In November of Nissan sites Mill Hill and Hanwell from the West London Motor Group (WLMG), for an undisclosed sum. West Way, rated 42 in the latest Motor Trader Top 200, now has 15 Nissan outlets, making ...
Read More »MT Top 75: Profits rise as independent headcounts fall
Car supermarkets and other non-franchised outlets have seen increases in profitability despite static levels of sales, according to the newly published Motor Trader Top 75 Independent Used Car Dealers report.
Read More »Vertu to sell £12m surplus property
Vertu Motors plans to sell up to £12m worth of surplus property following its rapid growth by acquisition since launching last December.
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