Sytner saw profit before tax fall from £179.9m to £125.9m in the year ended December 2023. Revenue grew from £6.8bn to £7.4bn. The directors described the trading performance as “mixed”....

Lookers owner, Global Auto Holdings, is reportedly nearing a deal to buy one of Denmark’s largest retail groups, KW Brunn Import for $1.2bn (£900m) including debt. The deal could be announced as...

LOOKERS OWNER IN NEW $1.2bn EU DEAL PROFIT DOWN AT GLYN HOPKIN BUT UP AT JCB MEDWAY DfT FIGURES SHOW EV INTEREST AT FOUR-YEAR LOW AVAILABLE CAR LOSS SWELLS TO £10.8m VERTU DITCHES TIES STELLANTIS...

James Brearley has been appointed managing director of Lookers following the takeover of the group by Canadian Kuldeep Billan’s Alpha Auto Group at the end of last year. The appointment fills the...

Bolton’s Wilson & Co Vauxhall suffered more than £30k of damage last month after ‘car cannibals’ broken into a storage compound three times and stole bonnets, bumpers and headlights. Owner...

RETAILER TARGETED BY ‘CAR CANNIBALS’ BIZARRE’ OPENING DELAY FOR BARNETTS LEXUS TOYOTA CONSTELLATION UPS VERTU STAKE, HEDIN CUTS PENDRAGON HYUNDAI NAMES OHME OFFICIAL CHARGING PARTNER HERTZ TO...

Lookers has warned it may cut around 945 jobs, or 14.5% of its total workforce, as part of an ongoing strategic review following its sale to Global Auto Holdings. In a previous statement in early...

LOOKERS MAY NOW CUT 14.5% OF ITS WORKFORCE AVAILABLE CAR IN £7.3m 2022 LOSS GUMSHOE TAKES STAKE IN PENDRAGON OBE FOR TERENCE DONNELLY AUSTRALIA’S LARGEST RETAILER HACKED BUICK NETWORK HALVES AS...

Major retailers have reached out to help Lookers colleagues facing redundancy after the retailer announced a series of job cuts. It is also understood Christmas parties have also been cancelled....

RETAILERS REACH OUT AFTER LOOKERS REDUNDANCIES STELLANTIS SWITCHES TO COUNTRY-BY COUNTRY EU AGENCY APPROACH RETAILERS LOSING MILLION IN ‘UNNECESSARY’ PRICE CUTS AUTO RETAIL LIVE ADVICE FOR 2024...

Mark Raban has resigned as CEO of Lookers and will leave the group at the end of this year. The announcement comes as the retailer has also announced around 200 redundancies linked to the...

FRED MAGUIRE, INDUSTRY GIANT AND CHAIRMAN OF ARN AUTONATION DECISION ON PENDRAGON ‘EXPECTED THIS WEEK’ 2023 NEW ENTRANTS REPORT GOES LIVE HENDY GROUP IN £20M PROFIT KIA TO OPEN DERBY TRAINING...

It’s with deep sadness that we report the passing of Fred Maguire, one of the giants of auto retailing and, until very recently, chairman of Auto Retail Network. Fred, who was 81, died in his...

Alpha Auto Group affiliate Global Auto Holdings has completed its £504m deal to buy Lookers. The takeover of Lookers’ 147 retailers in the UK and Ireland formally closed last Friday. In its initial...

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...

Lookers’ £6m Teesside Car Hub used car retailer has been given the green light from Middlesborough Council. It is set to open later in 2023 and will create additional jobs, taking its staff numbers...

LITHIA ‘CONFIDENT’ ON PENDRAGON DEAL £6m LOOKERS CAR HUB PLANS GET GREEN LIGHT JCB MEDWAY TURNOVER UP, PROFIT STABLE PERRYS CHAIR RICHARD INGRAM STEPS DOWN TV SHOW FORCES USED CAR DEALER TO CLOSE...

ARNOLD CLARK PROFIT FALLS FROM RECORD HIGH HOUSE OF LORDS DEMANDS ANSWERS ON ZEV MANDATE DAVID BECKHAM OPENS HR OWEN MASERATI HATFIELD VERTU STAYS IN BTCC FOR 2024 LISTEN AGAIN: AUTO RETAIL LIVE CAZOO...

COULD HALFORDS’ LATEST ANTI-DEALER ADS FACE ASA CHALLENGE? RETAILERS TELL NFDA CHARGING IS NOW BIGGEST EV BARRIER ‘GREEN SHOOTS’ AS USED EV PRICES STOP DECLINING ASHLEY ANDREW STEPS IN AS ANDREW...

VINES TURNAROUND CONTINUES WITH £5.7m 2022 PROFIT CITROEN RETAILER MOVES TO MG AFTER STELLANTIS CHANGES NFDA DEALER ATTITUDE SURVEY IN NEW PROVIDER LOOKERS’ DUNCAN McPHEE CONFIRMED FOR AUTO RETAIL...