US dealer group Lithia has significantly upped its offer for Pendragon. Lithia, one of the three groups bidding for Pendragon, has increased its total offer to £397 million, up from the original...
Read moreUS group Lithia has agreed to buy Pendragon’s UK auto retail and leasing operations, including the Evans Halshaw and Stratstone divisions, for £280 million. Under the agreement, the Pendragon PLC...
Read moreRetailer fears over profitability have eased, with a reduced number (46% versus 57% six months ago) thinking profitability will be down through the rest of 2023, and a growing number (15% versus 5%)...
Read moreUS retail group Lithia Motors is in negotiations to buy Jardine Motors, according to Auto Retail Agenda sources. The deal is understood to be worth £300 million to the UK firm’s parent Jardine...
Read moreAt the spring Auto Retail Live webcast, Auto Retail’s Al Clarke was joined by Jason Cranswick, commercial director at Jardine Motors Group, Ian Rutter, the managing director of C J Automotive and...
Read moreWhile there is economic uncertainty, and consumer confusion over aspects such as choice of powertrain, there is still interest in buying new cars, with Auto Trader pointing to over a million searches...
Read moreJardine Motors managing director Neil Williamson has been in his job for almost exactly a year, having moved from running the UK national sales company for Seat and before that Mercedes-Benz Retail...
Read moreJardine Motors is aiming to switch its sales staff from low basic salaries with large bonuses to a larger basic salary with smaller bonuses in order to improve customer service and staff retention....
Read moreLeading auto retail group Jardine Motors has completed its acquisition of the majority of Collier Motor Group, as first reported by Auto Retail Agenda two weeks ago. Want to read more articles on...
Read moreLeading auto retail group Jardine Motors is in talks to buy a majority of Midlands-based Collier Motor Group, Auto Retail Network has learnt. Colliers currently runs five new car franchises...
Read moreThe twin needs to throw off the connotations of the past associated with the car dealership moniker and to better meet the needs of a more informed consumer is driving important changes in...
Read moreIn a surprise move, Lookers has bought Benfield Motor Group for £87.5m. The acquisition will make Lookers the third largest auto retail group in the UK, growing its portfolio by 30 dealerships to hit...
Read moreThe current model for measuring CSI levels is broken, and we have to start measuring customer satisfaction differently. This was the stark message presented at the start of Auto Retail Networks...
Read moreNeil Williamson, formerly director of SEAT in the UK, is set to join Jardine Motors on Monday (today). He will formally take over as chief executive of the auto retail group on 10th July. At that...
Read moreJardine Motors opened its second Lamborghini dealership last weekend when Stephen Winkelmann, president of the Italian carmaker, cut the ribbon at Sevenoaks, Kent. “The UK is consistently one of...
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