Tag Archives: lookers

Lookers has acquired Waterhouse Cars Limited in Chelmsford, Essex. The acquisition complements the Group’s existing Volvo dealership in Colchester and adds 40 staff to the local team. The new site sees Lookers extend its Volvo footprint, growing it to five dealerships, alongside the sites in Colchester, Stockport and Glasgow, and the Polestar dealerships and aftersales businesses in Manchester and Glasgow. ...

Lookers has revealed that its standalone multi-franchise used car offering Lookers Car Hub is planned to open in Middlesbrough in Q4 2023. Duncan McPhee, COO at Lookers, told Motor Trader that the site will offer EV charging through 650KW superchargers on site and host an EV experience centre where customers can learn about electric vehicles. The site will also offer ...

Lookers saw underlying profit before tax of £82.7m in 2022 (2021: £90.1m, £80.3m excluding £9.8m of COVID support). This was primarily driven by new and used vehicle market outperformance and cost control it said, but was a 8.2% decline on the previous year. However, it is up before COVID support. So far this year, the Group reported that Q1 underlying ...

Lookers is investing £1.8m in the redevelopment of its Kia Chester site. Incorporating the new Kia brand concept, the site will also have four new rapid electric vehicle charge points added. Scott Innes, general manager at Lookers Kia Chester, said: “This significant redevelopment affords us the opportunity to create a once-in-a-generation, modern retail facility for our customers, allowing us to ...

Lookers has acquired Fourways Vehicle Solutions Limited, a vehicle hire and brokerage business based in Whitchurch, Shropshire. The business provides a UK-wide vehicle rental service, and manages in excess of 7,000 rentals per annum and in 2022 had total revenue of £3.8m. Lookers said that it sees significant opportunity for Fourways to grow its market share and to cater for ...

Lookers is rolling out its mobile repair business and plans to have 30 vans on the road by the end of the year. The dealer group kick-started the initiative last year adding 20 vans and aims to add another 10 in 2023. Lookers is billing the move as part of its strategy to develop new sources of revenue. It also ...

Lookers is investing £1m in its Nissan dealership in Gateshead. The investment at the Stoneygate Close site will create an “ultra-modern” facility for customers and staff that includes a full interior makeover and the development of a bright and spacious showroom that will showcase at least 12 Nissan vehicles. The extensive refurbishment, which is now under way, is the latest ...

Following on from the news a couple weeks ago that the second largest dealer group in the US, Lithia Motors, was in discussions to acquire the UK group Jardine Motors, statutory filings revealed that TDR Capital, directly and through subsidiaries, had acquired over 3% of #4 UK dealer group Vertu. This sits alongside their interests of over 20% in #3 ...

BCA and Lookers have renewed their remarketing partnership for a further two years. The programme commenced on 1st January 2023 and runs to the end of 2024, with around 35,000 vehicles likely to be offered for sale during that time. Lookers stock will be offered from BCA locations nationwide, with a branded online sales programme featuring Lookers Retail, Lookers Leasing ...

Lookers Kia Stockport has won the Kia Sales Excellence Award For the third year running at the Kia dealer awards. The dealership was presented with the Kia Sales Excellence Award celebrating excellent customer experience throughout 2022, with sales, online reputation score and quick responses to customer queries all taken into account. The team also won a Customers Excellence Award at ...