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...

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...

Lookers shareholders have approved a takeover by Canadian firm Global Auto Holdings, with 91% voting in favour. Global Auto Holdings bid 130p per share, and this was approved by Lookers at a meeting...

HUGE FIRE AT JLR INCHCAPE PRESTON NO-WIN-NO-FEE LAWYERS TARGET CAR FINANCE UBS FORECASTS CAR PRICE PLUNGE – BUT LOOKERS’ MARK RABAN DISAGREES TRUST FORD WAKEFIELD TO CLOSE US TREASURY EV CREDITS...

Lookers has raised its 2023 forecast in its latest full-year financial results. During 2022 the group achieved an underlying pre-tax profit of £82.7 million, fractionally ahead of expectations but...

MID-2023 GO-AHEAD FOR VOLVO AGENCY MOVE CARWOW SHEDS A FIFTH OF STAFF DEMAND FOR FINANCE REMAINS STRONG DESPITE UNCERTAINTY JLR STILL CUTTING PRODUCTION DUE TO SEMICONDUCTORS LEARN BEST PRACTICE AT...

JLR-OWNED DEALERSHIPS PART OF JAGUAR RE-LAUNCH LITHIA COMING SOON TO UK? LAWRENCE HAMILTON TAKES GENESIS TOP JOB CAR BUYERS ‘FEELING THE PINCH’ LOOKERS MERCEDES-BENZ RETAILER TO CLOSE BANK TO STOP...

ALL-STAR AUTO RETAIL EXPERTS TO DISCUSS FUTURE CHALLENGES VERTU HOLIDAY BOOST RON BROOKS WINS TOYOTA ICHIBAN AWARD – AGAIN LLOYD ACQUIRES RAYRIGG DACIA REVEALS NEW RETAILER IDENTITY NAPLETON AUTO...

Off the back of a trading update which details the expectation of record underlying profit before tax, Lookers has also provided an update on group strategy. This addresses a number of long-term...

Lookers is to balance the reduced servicing needs of electric cars with a greater focus on maintaining older cars. Chief executive Mark Raban said he intends to take on so-called...

LOOKERS TO FOCUS ON OLDER CAR SERVICING ANDY GOSS: ‘DON’T FIGHT CHANGE’ RETAILERS A RARE HIGHLIGHT FOR ASTON MARTIN GOOGLE REVEALS CARVANA SECRETS HONDA AUSTRALIA CELEBRATES AGENCY MODEL COVID...

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...

Moves to omnichannel retailing, growth in electrification and the possibility of a change to an agency model for sales all represent significant opportunities, and Lookers is well positioned to make...

Lookers chief executive Mark Raban has called for manufacturers to adopt a standardised agency agreement to allow retailers to integrate the incoming new model into their operations. Lookers has...

Lookers has missed an end of month deadline to announce its 2020 annual results but has escaped possible suspension from the London Stock Exchange under FCA rules because it published the figures...

Change within the automotive retail sector through 2020 was been dynamic, with the industry progressing five years in as many months through the first half of the year. So says Mark Raban, CEO at...

Lookers has finally issued its 2020 first half results allowing it to apply to restore share trading on the London Stock Exchange after a six-month gap. The troubled dealer group, which revealed an...

Lookers is undergoing a board reshuffle which includes Tony Bramall, Lookers’ biggest shareholder and the man who effectively saved the business from a hostile takeover by Pendragon in 2006,...

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...