Tag Archives: lookers

Lookers is to raise funds for Action for Children after raising over £150,000 last year for Macmillan Cancer Support and Papyrus Forty employees, including chief executive Mark Raban and chief operating officer Duncan McPhee, signed up for a new, more demanding bike ride challenge for 2023. Four teams of 10 will cycle 935 kilometres from Eastbourne to Edinburgh across eight ...

Lookers saw first half pre-tax profits fall 19% to £40.4m in the face of significant macroeconomic headwinds”. Turnover rose 8% to £2.4bn. The group, which has given its backing to a takeover bid by Global Auto Holdings, delivered like-for-like new unit growth of 16.1% and used unit growth of 3.5%. Aftersales revenues rose 13.5%. The UK used car market saw ...

The takeover by Lookers by Group Auto Holdings looks set to go ahead following a decision by its biggest shareholder to agree to a 130p per share purchase price. In June Canadian dealer group Alpha Auto Group, a sister company of Group Auto Holdings, tabled a 120p per share offer for the group valuing it at £465m. The deal was ...

Group Auto Holdings has increased its takeover of Lookers offer to £504.2m. In June Canadian dealer group Alpha Auto Group, a sister company of Group Auto Holdings, tabled a £465m bid for dealer group Lookers. Shareholders rejected the previous offer. Lookers Directors intend to recommend “unanimously” that Lookers Shareholders accept the increased offer. Global Auto Holding now has 28 days ...

Lookers Nissan Chester has been named the manufacturer’s Dealership Ambassador of the Year. The business beat off competition from 150 other Nissan outlets across the UK after being put up for the award by Gordon Hunter, Nissan Aftersales Performance Manager. Hunter said the dealership had faced Covid, staff training and recruitment challenges but had overcome them in the middle of ...

Lookers is investing £3.25m into a new Nissan dealership in Newcastle to open in spring next year. Plans for the new Nissan dealership at Portland Road will see the existing 30-year-old facility replaced following the green light being given by Newcastle City Council. Lookers’ franchise director, Steve Eley, said: “Backed by fresh investment, cutting-edge design and a focus on sustainability ...

A Canadian dealer group Alpha Auto Group through a bidding vehicle Bidco has tabled a £465m bid for dealer group Lookers. AAG describes itself as a leading operator and consolidator of car dealerships with 15 large scale new vehicle dealerships across Canada and the United States. It is one of the largest auto retailers based in Canada. On its website ...

Lookers Land Rover Glasgow North and Jaguar are being united at Hillington Park. The relocation, which takes place in early July, has been accompanied by additional investment Lookers has chosen to retain the Land Rover site on Maryhill Road in Glasgow, previously under Taggarts, which was acquired by Lookers as part of its Scottish business expansion in 2003 and the ...

Lookers has celebrated the outstanding efforts made by 21 peer-to-peer nominated employees across the UK and Ireland. Launched in 2010 and this year held in Malaga, Spain, Lookers’ annual Excellence Awards event was the group’s most successful to date, with close to 1,000 nominations made by a range of employees for individuals working in a diverse range of roles from ...

Motability is pushing ahead with MP constituency handovers to Motability customers following the pandemic. Chi Onwurah, Labour MP for Newcastle Upon Tyne Central (pictured right), presented the keys for Motability Scheme cars to local constituents Mollie Burns (left) and Carl Fice. The handovers took place at the Lookers Volkswagen Newcastle dealership, Scotswood Road, on Friday 12 May. Mollie Burns has ...