Tag Archives: vertu motors

The Taxi Centre, part of Vertu Motors, has relocated to a new site in Glasgow following a £100,000 investment. The Taxi Centre has four of the most popular models on display; the new model SEAT Leon estate, Hyundai IONIQ, SKODA Octavia and Ford Tourneo Custom. It is also showcasing the fully electric Nissan LEAF and anticipating the arrival of new ...

Vertu Motors has acquired the Kia Nottingham dealership from Sandicliffe. The transaction will bring the number of outlets operated by the Group in Nottingham to nine. Kia in Nottingham expands Vertu Motors’ representation in the city, adding to the already established Renault, Dacia, Honda Bikes, Citroen, Hyundai, Honda, and two Volkswagen outlets. It becomes the Group’s third Kia site following ...

Vertu Motors looking to come out of the pandemic and take advantage of the acquisition opportunities likely to arise in the months ahead. During the year it added 12 sales outlets and three new franchises. The group delivered pre-tax profits down 71% to £7.3m on turnover up 2.8% to £3.1bn in the year to 29 February. Like-for-like revenues grew 1.2%. ...

Vertu Motors plc held its national award ceremony in Leeds on Sunday, presented by Brian Blessed. The winners were chosen from nominations made by their colleagues and 2019 saw a record number of nominations submitted. The company inducted 27 new members into its Masters Club, which recognises colleagues from the Group’s 125 dealerships who have excelled in their role and ...

Vertu Motors has appointed Richard Lawson to oversee its Volkswagen Group fleet business In his new role Lawson will manage a team of 13 with a remit to increase sales and profitability. Lawson has more than 20 years’ experience in the motor retail industry, with 10 years exclusively in fleet. He initially joined the Group as a key account manager ...

The November issue of Motor Trader is now online featuring the financial performance of the Top 50 Independent Dealers 2018 in the U. The Top 50 generated record pre-tax profits and turnover in a strong used car market. The issue also looks at the Jaguar Land Rover network and its restructuring with common ownership of the two brands in market ...

Vertu Motors has appointed Andrew Goss to the board as an independent non-executive director. Goss brings to the group 39 years of experience in the automotive sector, having held senior roles in Citroen UK, Nissan Europe, Lexus (GB), Toyota (GB), Porsche and most recently Jaguar Land Rover. Between 2010 and 2013 he headed Jaguar Land Rover’s business in North America ...

Vertu Motors has appointed David Paul Crane as an executive director of the company with immediate effect. Crane is currently the group’s chief operations officer (COO), having been appointed to this role in 2017. He is responsible for the management and running of the Group’s operations infrastructure, including the central aftersales support, IT, purchasing, fleet sales and ancillary business activities ...

Vertu Motors is poised to support its online used car buying service with an “aggressive” marketing campaign following its soft launch in May. The service is currently the only online used car buying service offered by any franchised dealer group which enables customers to get a part-exchange price on their existing car, work out the finance on a replacement with ...

Vertu Motors has achieved record half year profits as it reaped the benefits of improved aftersales and new car margins and group-wide cost savings. Revenues for the six months to 31 August 2017 were unchanged year on year at £1.45bn, while profit before tax increased 29.4% to £24.2m (2016: £18.7m). Like-for-like service revenues were up 4.4% continuing the group’s long ...