An uplift in consumer confidence post-lockdown has resulted in a six-year high for the results of the latest NFDA Dealer Attitude Survey. For the key question ‘How do you rate your manufacturer

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Lookers has hit a new record for its first-half underlying profits with a figure of £50.3 million in the first six months of 2021. In the same period last year, when the Covid pandemic struck, the

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Car manufacturers are cutting features on new cars to counter the global semiconductor shortage. Ford has introduced new ‘Design’ variants for the Puma Titanium and ST-Line. These are cheaper, but

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MSX

Cazoo begin trading on the New York Stock Exchange last Friday under the symbol CZOO. Founder Alex Chesterman, who will receive an $80m payout from the float, rang the opening bell. The day was a

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Cazoo is now being described as an ‘octo-unicorn’ with an $8bn valuation. When it floats on Friday, founder Alex Chesterman’s stake will be worth $2bn. 60 employees will be paper millionaires

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Manufacturers will not be able to go half-heartedly into an agency agreement as they will be in breach of competition law, warned experts at last week’s Auto Retail Network Agency Agreement

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Scotland’s John Clark has reported profit before tax of £6.2m for the year ended December 2020. This is an 83% increase on 2019’s £2.6m and comes despite turnover dropping from £820m to £721m.

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Marshall Motors has hit record figures for profit, revenue and gross margin in its half-year results for 2021. Marshall Motors recorded an underlying profit before tax figure of £38.4 million, even

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Former Lookers directors Andy Bruce and Nigel McMinn have joined leading fleet management and online leasing firm Fleet Alliance, nearly two years after leaving the retail group. Fleet Alliance is a

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