Cambria Automobiles CEO Mark Lavery has been announced as the keynote speaker at the Future of F&I conference being held on 2 April. The announcement comes alongside the reveal of the full speaker

Hyundai’s retail network has issued an open letter of complaint to UK boss Ashley Andrew over actions which have had a detrimental impact on profitability. Several retailers have told Auto Retail

Ford, the UK’s largest car brand, is expected to cut almost half its 400-strong network over the next four years in a bid to improve network profitability, according to Auto Retail Agenda

The UK arm of Group 1 Automotive has seen gross profits drop 4.4% in 2019 to £205.1 million ($267.7m) on a turnover, which also recorded a fall (-1.0%), to £1.85bn ($2.41bn), according to the

Sytner has promoted Nigel Hurley to run its car supermarket division, which trades as CarShop, following the departure of previous boss Jonathan Dunkley just before Christmas. Mr Hurley, who has

Odey Asset Management has increased its stake in Pendragon from 14.49% to 15.01%. The London-based investment firm remains Pendragon’s second-largest shareholder, behind Telios Capital Partners,

Retailers with PSA Group franchises have had their volume bonus linked to CO2 to ensure the manufacturer meets new, tougher emissions standards. Each site has been set a personal goal calculated on

Stoneacre Motor Group saw revenue grow to almost £1 billion in the year ending April 2019, a 25% increase on 2018. Profits also grew 31% to £13.8 million. New vehicle sales were up 9.8%, used sales

Jobs at The Leven Car Company, which went into administration earlier this month, are expected to saved under a deal which will split the business between Cambria and Vertu. Auto Retail Agenda

Lookers is closing its award-winning north east head office in Newcastle due to “extremely challenging market conditions”. Lookers inherited the Leopard House office on the Newcastle Business Park

Vertu has bought Synter’s four remaining Volkswagen car businesses in England, for £8.8 million. The deal takes Vertu to nine Volkswagen car franchises. Vertu expects the acquisition to be