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...

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Lookers reported in September with its unaudited interim results for the six months ended 30 June 2021. The key points the H1 report noted were that, despite its showrooms being closed during Q1,...

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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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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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At the beginning of July, Pendragon moved to reinstate guidance on its performance to the market. According to the data it released, which was positive considering the pandemic, while profit before...

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An ‘exceptional’ used car market has driven two of the largest UK retailer groups, Vertu and Lookers, to issue profit upgrades today, while international group Inchcape has issued strong H1...

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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...

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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...

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  FORD RETAIL PROFIT TURNS TO LOSS MARSHALL, CAMBRIA, LUSCOMBE AND EBAY IN AUTO RETAIL LIVE HANDOVERS TO BECOME ‘WHITE GLOVE’ EVENTS SYTNER TARGETS DERBY EXPANSION MOTORPOINT SITE ACQUIRED...

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  DAIMLER AGENCY MODEL CONFIRMED INCHCAPE RATED ‘BUY’ IN MARGIN GAINS CHESTERMAN: ‘I’M A COPYCAT’ LOOKERS IN BELFAST RECRUITMENT DRIVE DVLA STRIKES CONTINUE MILLENNIALS ‘DON’T HATE...

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In a busy Month, Cambria was first to report, presenting its unaudited interim results at the start of May for the six months to the end of February 2021. In summary, while revenue fell by 16% to...

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  EC BLOCK EXEMPTION REVIEW PUBLISHED NEW TOYOTA 10-YEAR WARRANTY TO BOOST SERVICE RETENTION SIX IN 10 PENDRAGON ACCOUNTANTS IN REDUNDANCY FEAR AUDI’S BUXTON TO JOIN CARZAM VOLKSWAGEN TO BOOST...

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The release of Cambria’s results for the first half of 2021, combined with trading updates from Inchcape and Lookers, and results from Pendragon, highlight just how well the established car retail...

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The NFDA and SMMT have published updated restart guidance for retailers. The ‘best-practice’ guide, now in its fourth edition (link below), covers the entire customer experience and has been...

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Finally, after almost 100 days, the showroom shutdown ends tomorrow (Monday, 12 April) and retailers can restart selling cars in person. Except that during the past three months, perhaps more than...

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  RELIEVED RETAILERS REOPEN SAFELY TWO RETAILERS CELEBRATE LANDMARKS GLASGOW MOTORPOINT SOLD CLAIMS MANAGEMENT COMPANY COMMISSION WARNING POLESTAR RETAILER SUSTAINABILITY DECLARATIONS SPAIN...

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At the start of the March Vertu published its trading update for the five months to the end of January. The board, according to CEO Robert Forrester, is expecting profit before tax to be “in line...

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The government has published proposals that would dilute Big Four dominance of the UK audit market and place stricter regulation on the sector and executives at major firms. The consultation by BEIS...

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  VERTU BUYS HEPWORTH HONDA ARNOLD CLARK FORD GLASGOW TO CLOSE iVENDI FACILITATES £1.3bn SALES DVLA VOTE TO STRIKE NEW IDEAS ON SHOWROOM REOPENING LITHIA MOTORS TO LEAD US RETAILER CONSOLIDATION...

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Lookers will not be fined by the Financial Conduct Authority following the investigation by the regulator into the retailer for possible finance mis-selling. Lookers has reported that FCA has closed...

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