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

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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

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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

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Vertu has opened two new Hyundai dealerships in the North East in the past week. One franchise takes over Vertu’s former Infiniti showroom in Silverlink, Newcastle and the second will operate as a

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Former Vertu finance director Michael Sherwin has been appointed non-executive director at Williams Motor Co. Sherwin joined the Bolton-based company, which saw 2018 profit before tax rise 134% to

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Dorset-based importer Sokon Automotive is seeking retailers to sell vehicles from Chinese brand DFSK. The flagship vehicle is a seven-seat SUV called the Glory 580, which Autocar reports will cost

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New car registrations fell 2.4% in 2019 to hit a year total of 2.31m units. Retail registrations fell 3.2% taking 44.1% of the market. The fall in 2019 brings the market to a six-year low and the SMMT

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Profits at Marubeni Auto Investment grew 20% in 2019 to £7.4m, latest figures show. Turnover grew 11% from 2018 figures to almost £600m. The company trades as two brands, RRG in Manchester and

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Tony Bramall’s continues to build his stake in Lookers with the purchase of £1.2m of shares. Mr Bramall’s company, Guernsey Investments, has bought 2.1m shares at 55.0p. Mr Bramall now holds

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Marshall Motor Group has bought eight Jardine Motors Volkswagen Group businesses for £9.3m. In Marshall’s seventh deal of the year, the group has acquired six Volkswagen car operations, one VW

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