Peter Waddell Holdco Ltd lost £985k before tax in the year ended December 2021, compared to a £4.8m profit in 2020. The loss is attributed to Carzam, of which Waddell held a 30% stake. In 2021,...

PETER WADDELL IN 2021 LOSS DUE TO CARZAM LOOKERS TO TAKE OVER WATERHOUSE NFDA’S LOUISE WALLIS LEAVES WAYLANDS NAMES OFFICIAL EV CHARGING PARTNER JLR ENCOURAGES US RETAILERS TO GIVE UP ON JAGUAR...

Aston Barclay has been described as extracting a “ransom payment” in the administration of failed online retailer Carzam. The auction house was owed £9,182 plus VAT, and deducted this from...

ASTON BARCLAY IN CARZAM ‘RANSOM PAYMENT’ JASON CRANSWICK NAMED NORTON WAY MD CAZOO DUMPS VILLA HALFORDS CUTS PROFIT FORECAST US 7-YEAR CAR LOANS SURGE CARVANA SURRENDERS MICHIGAN LICENCE IN PLEA...

The UK automotive retail sector showed exceptional resilience and flexibility in the pandemic, followed by very strong trading in 2021. But continuing supply constraints, the headwinds of macro...

In May I reviewed in detail the performance of Cazoo, with particular focus on how it has done against the plans it laid out prior to floatation. Since then we have seen Carzam enter voluntary...

Carzam has folded 18 months after being founded by Peter Waddell and John Bailey. Administrators were appointed as it entered voluntary receivership last Tuesday. It comes six months after Carzam said...

CARZAM GOES BUST PENDRAGON FACES AGM PAY SHOWDOWN YEOMANS ACQUIRES NISSAN’S OLDEST UK RETAILER CAFFYNS TO HONOUR 1981 MGB FREE SERVICE FORD TO REWORK RETAILERS WITH “BRUTAL” STANDARDS...

Carzam has been “scrambling to find a buyer” in recent weeks – without success, according to The Sunday Times. In November 2021, it claimed to have raised £112m from New York hedge fund...

CAZOO RETURNS RATE REVEALED IN ANNUAL RESULTS CARZAM ‘RUNNING OUT OF ROAD’ MORE ODEY PARTNERS DEPART US WHOLESALE PRICES FALL AGAIN INCHCAPE BUYS CARIBBEAN’S OLDEST RETAILER MAJOR RETAILERS’...

NORTON WAY PROFIT UP DURING COVID DEMAND BOOMS FOR RETAIL SITES GINETTA CARS HEAD OF SALES MOVES TO CAZOO INCHCAPE’S HUNTERS JLR GETS PLANNING PERMISSION KPMG WARNS OF 30% USED CAR PRICE PLUNGE WHAT...

An unnamed New York fund has invested £112m in used car retailer Carzam towards “aggressively buying” used cars. CEO Kirk O’Callaghan said Carzam’s industry expertise set it apart from...

MYSTERY SURROUNDS MARSHALL CONSTELLATION ‘REQUEST’ CARZAM RAISES £112m FOR ‘AGGRESSIVE BUYING’ NFDA TALKS AGENCY AGREEMENTS WITH AUSTRALIA MOTORPOINT INVESTS IN TECH TO CAPTURE CAZOO GLAMOUR...

  EC BLOCK EXEMPTION REVIEW PUBLISHED NEW TOYOTA 10-YEAR WARRANTY TO BOOST SERVICE RETENTION SIX IN 10 PENDRAGON ACCOUNTANTS IN REDUNDANCY FEAR AUDI’S BUXTON TO JOIN CARZAM VOLKSWAGEN TO BOOST...