Tag Archives: Glyn Hopkin

Glyn Hopkin turned in what is now a familiar pattern for dealer 2023 financial results with increased turnover and reduced profits. Pre-tax profits fell 46% to £4.04m on turnover up 7.6% to £560.6m. In results filed at Companies House it said last year was tough due to inflationary pressures on utility costs, rising interest rates, weakening consumer confidence and sluggish ...

Glyn Hopkin has appointed Tim Murphy as Chief Operations Officer (COO) for the group. Murphy joins Glyn Hopkin from Marshall where he was Audi and JLR Franchise Director. He said: “I am thrilled to be joining Glyn Hopkin as Chief Operating Officer for the next stage in the groups journey under the EOT scheme, I am looking forward to working ...

Glyn Hopkin Group recently announced its sale to become an employee ownership trust (EOT). The group, which has a £550m turnover, has 25 sites and employs more than 800 people, making it the largest EOT transaction in the franchised motor retail sector. When business owners are planning for a future exit, there are various options to consider. These include the ...

Marshall Motor Group has returned to Cambridge to represent Nissan. It is ten years since it disposed of the Nissan business to Glyn Hopkin. The new store on 699 Newmarket Road, Cambridge, CB5 8SQ will open in late summer 2024 and create 20 local jobs. The new facility includes a six-car showroom, an exterior display area for 40 used vehicles, ...

Glyn Hopkin, Yeomans, Sinclair and Ancaster are among dealer groups who are now offering interest free loans to customers for car servicing through Bumper. The payment specialist hit the £500m milestone in April and has announced its intention to grow that total by a further £460m by the end of this year. Bumper said it was seeing “rapid growth” in ...

Glyn Hopkin is aiming to boost its aftersales business by teaming up with Bumper and offering customers interest free monthly payments for services and repairs. PayLater has been integrated into Glyn Hopkin’s eDynamix dealer management system, which will see it included as a payment option in vehicle health check videos sent to customers. It will also be offered to owners ...

Last year proved to be a challenging year for Glyn Hopkin with pre-tax profits down 46.8% to £7.5m on turnover up 15.2% to £521m. In results filed at Companies House it said profitability had been hit by vehicle supply shortages and despite this it was pleased with the result given that 2021 had been an “exceptional  and highly abnormal year ...

Glyn Hopkin is celebrating its 30th anniversary this year and the sale of 250,000 vehicles since inception. It now represents more than 10 manufacturers across a network of over 50 dealerships and is ranked 38 in the Motor Trader Top 200 Dealer Groups with annual turnover of £452.1m. It is the UK’s largest Nissan dealer group with 14 dealerships in ...

Glyn Hopkin is to open a new Kia dealership in Colchester in May. It is the group’s third Kia dealership, joining existing businesses in It joins existing Kia dealer in Romford and East London. Work is underway on a new showroom that will feature Kia’s latest dealer experience and brand identity, currently being rolled out across the global Kia dealer ...

Glyn Hopkin turned in a strong performance in 2020 with pre-tax profits rising 31% to £4.2m on turnover down -18.8% to £368m. The group described year as “extraordinarily challenging” with successive lockdowns and reduced new car sales impacting turnover, according to results filed at Companies House. During the year it took advantage of furlough and business rates support but not ...