Sytner CEO Darren Edwards is to retire, effective January 1, 2025. Edwards has worked in motor sector for 40 years working in the automotive industry, culminating in a 20-year career with Sytner Group, the past 10 years as CEO. He will be replaced by John Cragg, who is relocating from the US to Britain. Cragg is currently executive vice president ...
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Penske completes takeover of Rybrook Group
Penske Automotive Group has announced that it has completed the acquisition of Rybrook Group consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Three of the BMW locations also retail BMW Motorrad motorcycles. The dealerships represent estimated annualized revenues of $1 billion. ...
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