Tag Archives: top 200

The Motor Trader Top 200 Franchised Dealer Groups in 2024 shows a sector in flux with huge interest in dealer groups from foreign investors, ongoing consolidation and a market building momentum after contraction in the pandemic. Sytner tops the report once again with annual turnover of £6.8bn and pre-tax profits of £178.9m. It was followed by Arnold Clark in second ...

The May issue of Motor Trader is now online. This month we list the UK’s top 200 franchised dealers as turnover recovers to near-2019 levels and Return on Sales surges. This month Steve Young looks at future prospects for dealer group consolidation in the UK and Europe Dealer Insight focuses on Ron Brooks with an interview with group manager of ...

Park Lane BMW has the highest paid employees of dealerships across the UK, according to the latest Motor Trader Top 200 Dealer Groups. The average salary per employee at the group was £55,212. Park Lane had a total wages bill of £11.9m and employed 217 staff, according to the report. In second place was Citygate Automotive where the average salary ...

Mitchell Group turned in a strong performance in the year to December 2019 with pre-tax profits up 13.6% to £2.4m on turnover up 8.6% to £53.7m. The company saw new car sales decline -1.5% to 998 units while used car volumes rose 5.6% to 1,536 units for the year. Mitchell represents Lexus, Skoda and Mazda across Wirral, Cheshire and North ...

Drive Group has bought Sherwoods Vauxhall business for an undisclosed sum. Sherwoods was established as a family business in the 1920s. It has Vauxhall dealerships in  Darlington, Stockton and Northallerton, employing 151 people. It is rated 169 in the Motor Trader Top 200 Dealer Groups with annual turnover of £52.9m. Drive Group has a network of Vauxhall dealerships across the ...

Mercedes-Benz South West has opened a £1m servicing facility in Taunton, Somerset. The workshop is located at the edge of Taunton’s Crown Industrial Estate, a short distance from the retail dealership on Toneway where vans were previously maintained and repaired alongside Mercedes-Benz cars. The new centre incorporates six bays with ramps – one of which has a 6.5-tonne capacity – ...

Harwoods turned in a strong performance in 2016 with pre-tax profits up 23.3% to £16.9m on turnover ahead 12.6% to £612.4m. The south eastern-based group said it had an “excellent” year with the main franchises it holds – Aston Martin, Audi, Bentley, BMW, Jaguar, Land Rover, Jeep and Mini – performing well. It was a year of churn for its ...

Lookers Group is to move its headquarters later this year in Manchester. The listed group, rated three in the Motor Trader Top 200 with annual turnover of £3.6bn, has completed the acquisition of the 21,000sq ft Aspect House, Altrincham, near Manchester for its new HQ. Lookers has bought the freehold interest and will relocate from its existing premises near Old ...

Holdcroft Motor Group has bought ALM Garages’ Hyundai business in Macclesfield for an undisclosed sum. This is Holdcroft’s fifth Hyundai business. It already runs the franchise in Crewe, Hanley, Stafford and Ellesmere Port. Its most recent acquisition was in July last year when it bought a Hyundai business in Stafford. Holdcroft is rated 45 in the motor Motor Trader Top 200 ...

On this Saturday’s episode of MotortradeRadio.com, the last for 2016, Philip Nothard and Derek Blair are joined by Curtis Hutchinson, to discuss the headlines from Motortrader.com. This week, an exclusive for MotorTrader.com, as Vauxhall is investigating new ways of showing its cars to potential buyers, and Inchcape UK appoints former Stratstone managing director James Brearley as its new CEO. Demand ...