GOVERNMENT PREPARES TO RELAX ZEV MANDATE BRIAN GILDA ‘HORRIFIED’ BY £450k NIC HIT AUTO TRADER AND SMMT LAUNCH EV ‘MYTH-BUSTER’ WESSEX GARAGES IN 2024 LOSS JOE DUFFY MOTORS OWNER UPS VERTU...

AUTONATION TO LAUNCH NEW BID FOR PENDRAGON? £504m LOOKERS ALPHA AUTO DEAL FINALISED GROUP 1 AUTOMOTIVE UK IN £61.3m PROFIT THOMPSON FIRST MG SUDDENLY CLOSES JOIN AUTO RETAIL LIVE NEW ENTRANTS 2023...

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’...

Only four of 12 major UK auto retailers had an online organic visibility Domain Rating of ‘excellent’ in research by an internet marketing agency: Arnold Clark, Lookers, Jardine and Sytner. Even...

At the beginning of July, Pendragon moved to reinstate guidance on its performance to the market. According to the data it released, which was positive considering the pandemic, while profit before...

US retail giant Group 1 Automotive has bought East Anglia-based Robinsons Motor Group for an undisclosed sum. Auto Retail Agenda understands the deal was completed on 5 July. Robinsons operates 10 new...

  RETAILERS WARN OF CHIP CRISIS ‘UNCHARTERED WATERS’ JEMCA SALES EXEC FRAUDSTER JAILED McLAREN ADDS FREE SERVICING FOR NEW ARTURA BRINDLEY MAZDA ACCIDENTALLY BUYS LINE OF DUTY CAR LITHIA...

US owned Group 1 Automotive saw turnover for its UK division drop 13.1% to $2.10 billion (£1.54bn) in 2020 compared to the previous year. However, UK same store profitability figures for 2020 show...

  AUTO INDUSTRY SLAMS LOCKDOWN DECISION LLOYD PROFIT FALLS 24% IGA SHORTLISTED FOR COVID CHAMPION AWARD AUTO RETAIL LIVE TO DISCUSS LOCKDOWN FRENCH RETAILER LOCKDOWN BLOW GROUP 1’S HESTERBERG:...

  RETAILERS REPORT FIRST WEEK REBOUND 1 IN 4 RETAIL JOBS UNDER THREAT HOW TO BRING CUSTOMERS BACK SUCCESSFULLY MORE RETAILERS CLOSE BCA BUYER APP EXTRAS GERMANY REOPENS BUT SALES DOWN 50% CARVANA...

A busy month of reporting and announcements kicked of in February with Inchcape, with a note on the departure of group CEO Stefan Bomhard who is leaving at the end of June to become CEO of Imperial...

Group 1 Automotive CEO Earl Hesterberg is anticipating that the UK new car market will return to growth in 2020, delivering around 2.4m units as the industry recovers from emissions...

The UK arm of Group 1 Automotive has seen gross profits drop 4.4% in 2019 to £205.1 million ($267.7m) on a turnover, which also recorded a fall (-1.0%), to £1.85bn ($2.41bn), according to the...

Group 1 Automotive’s UK managing director Darren Guiver has left the business he joined in 2016. It is believed that Earl Hesterberg, president and CEO of the US-owned retailer, will run the UK...

Almost exactly a year ago VW announced it was going to “fundamentally” restructure its sales model. Despite being down-played by the national sales company in the UK, the franchise agreement was...

Group 1’s UK boss has cited the level of manufacturer push in the car market as the reason the franchised retail model hasn’t switched to agency agreements yet. In a wide-ranging interview for...

Group 1 Automotive will monitor the AcceleRide end-to-end online sales programme it has launched in America before deciding whether to roll it out in the UK. AcceleRide lets customers choose a...

  GROUP 1 CONSIDERS UK ONLINE SALES USED CAR VALUES SET TO STABILISE SNOWS INVESTS TO DOUBLE BODYSHOP OUTPUT HR OWEN ADDS SECOND EV BRAND VW LOOKS WEST TO COUNTER CHINESE EXPOSURE EV TAKE-UP...

  HYUNDAI PLANS TO REPEAT BREXIT PREP RETAILERS CARRYING 15% MORE USED CAR STOCK CLEAN AIR ZONE FORCES RELOCATION FOR LISTERS INTEREST RATE RISE LOOMING GROUP 1 AUTOMOTIVE LAUNCHES ONLINE SALES...

Financial trouble seems to be looming. The FCA is becoming increasingly worried about the amount of debt that families in the UK are building up. Ordinarily most can cope with indebtedness, but issues...