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Auto Retail Manager: by retailers for retailers. Includes auto retail best practice and case studies for operational decision makers to help you make more money.
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Auto Retail Bulletin: an essential business briefing. Business-critical strategic advice and analysis for senior executives and auto retail business owners.
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BREAKING NEWS
Hampshire retailer the Mill Lane Group closed down suddenly last week. According to local newspaper reports, staff at the company’s Renault and Fiat dealerships in Aldershot arrived for work only to be told 20 minutes later to go home.
NEWS
Vertu Motors has increased revenue 8.9% to hit £1,088 million in the year to end February 2012. Operating profits and profits before tax are also up 6.3% and 3.8% respectively. However, after charges have been taken into account, both these figures switch to negatives.
NEWS
Volkswagen has promoted Alison Jones to the newly created position of Customer Quality Director, joining the main board for the UK group. She’ll move as of June 1 from her current role as Head of Operations at Audi UK.
NEWS
Shareholders at Pendragon’s annual general meeting have overwhelming rejected the proposed directors’ pay packages in a rebellion against the company’s performance. A significant number of shareholders also voted against the reappointment of Trevor Finn as chief executive and Mike Davies as chairman.
OUR BLOG
Auto retail groups rarely hit the front pages of national newspapers and, when they do, it’s usually for the wrong reasons.
We imagine the fact that The Times headlined its business section on Friday with the Pendragon shareholders’ revolt will not have gone down well in Loxley House, the company’s headquarters.
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