Tag Archives: Mark Raban

Group 1 in the UK took to social channels today to welcome on board its new CEO Mark Raban. Raban confirmed to Motor Trader in August that he had landed the sop job at the UK arm of the US dealer giant. Mark Raban, the former CEO of Lookers, was the winner of the Motor Trader Outstanding Achievement Award in ...

Global Auto Holdings, the owner of Lookers in the UK, is pushing further into Europe with plans to purchase to buy Danish distributor KW Brun (KWB). KWB is one of the largest Automotive Distributors in the Nordics with operations focused across Denmark and Sweden. The wall Street Journal reported the value of the business at $1.2bn. The acquisition remains subject ...

Mark Raban, the former CEO of Lookers, has been appointed as the new CEO of Group 1 in the UK. The appointment was confirmed by Mark Raban with Motor Trader this morning. Raban was the winner of the Motor Trader Outstanding Achievement Award in 2023 for his tenure at Lookers, hauling the company back from big losses to significant profitability. ...

Lookers is to make cuts to its workforce under new owner Global Auto Holdings following its delisting from the London Stock Exchange. The company is also seeing the departure of CEO Mark Raban later this month, an exit revealed in a letter to employees. Raban was the winner of the Outstanding Achievement Award at the 2023 Motor Trader Industry Awards. ...

A Canadian dealer group Alpha Auto Group through a bidding vehicle Bidco has tabled a £465m bid for dealer group Lookers. AAG describes itself as a leading operator and consolidator of car dealerships with 15 large scale new vehicle dealerships across Canada and the United States. It is one of the largest auto retailers based in Canada. On its website ...

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 ...