Big Motoring World is gearing up for the £14m sale and leaseback of a huge National Car Preparation Centre in Peterborough. The property is to be let to Big Motoring World parent Bapchild on a 20-year lease at £1m per annum. A sale and leaseback deal allows Bapchild to release tied up capital and give a fresh injection of cash ...
Read More »Dealer groups make it into top 100 business listings
Top dealer groups feature prominently in The Independent 2024 E2E Dynamic 100 List. Groups highlighted in the list include Greenhous, Stoneacre, supermarket giant Big Motoring World, Parks and Steven Eagell (pictured). Greenhous Group supplies more than 70,000 passenger and commercial vehicles each year, representing Vauxhall, Nissan, Ford, MG, Omoda, Jaecoo, Citroen, Peugeot, Fiat Professional, VW Commercial and DAF Trucks. With ...
Read More »Big Motoring World looks to expand vehicle sourcing channels
Big Motoring World is pulling out the stops to source stock as it opened its newest store in Camberley. “The Camberley store has capacity for an additional 800 vehicles and the group has been working over recent months to source additional stock from a wide range of channels including both traditional auctions, direct from consumer and through strategic partnerships,” it ...
Read More »Big Motoring World acquires three new sites from CarShop
Big Motoring World has acquired three sites from CarShop, the used car supermarket division of Sytner Group. Sites will open in Camberley, Norwich and Sheffield. The Sheffield and Norwich sites open today and the Camberley site will open later in the year. CEO Laurence Vaughan said: “The CarShop acquisition will take Group turnover to more than £1 billion on an ...
Read More »Peter Waddell to ‘take big fight with Freshstream to High Court’
Peter Waddell, founder of Big Motoring World has vowed to take legal action against his removal from the company. Waddell, who last week was terminated as a director of the company, has declared his plan very publicly on LinkedIn to take legal action to fight his case. Posting on LinkedIn, he said: “Resting today at my pool ready for the ...
Read More »Peter Waddell ‘terminated’ as director of Big Motoring World
The founder of car supermarket group Big Motoring World Peter Waddell has been terminated as a director of the group. The move was flagged up earlier this week in documents filed at Companies House. Big Motoring World declined to comment on Waddell’s exit. Two years ago private equity group Freshstream took a stake in Big Motoring World to accelerate its ...
Read More »Big Motoring World acquires two retail sites from Available Car
Big Motoring World today announces that it has agreed to acquire certain trade and assets of Midlands and Yorkshire used-car retailer, Available Car. This acquisition follows Big Motoring World’s recent expansion into Wimbledon and adds 200 employees and a seventh and eighth location in Leeds and Cannock, bringing Big Motoring World’s customer-centric services and quality further into the Midlands and ...
Read More »Big Motoring World sees surge in profits and turnover
Big Motoring World, the supermarket group led by entrepreneur Peter Waddell, turned in a strong performance in 2022 with pre-tax profits surging 65% to £10.9m on turnover ahead 42.8% to £529.7m. The company sold 27,000 used cars compared to 22,000 the prior year. It has launched its own used car sourcing platform Big Wants Your Car. Finance commission turnover rose ...
Read More »Big Motoring World hits record monthly sales in July
Big Motoring World has recorded their highest number of retail sales in July 2023, with over 3,600 retail units recorded last month. The newly opened Wimbledon car supermarket achieved over 500 retail units from a 500-vehicle display. Across the coming weeks the vehicle display stock at the Wimbledon store will be increasing to 1,000 units in anticipation of further sales ...
Read More »Big Motoring World confirms move to new headquarters in Autumn 2023
Big Motoring World has confirmed a planned move of its headquarters in Autumn 2023. The new premises is located at the Gillingham Business Park in Kent. The new head office will allow the company to move into the next phase of its growth plans, according to boss Peter Waddell. He said: “Our move to the new premises on Bailey Drive ...
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