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Auto Retail Agenda: 6 July 2020

  Arnold Clark leads retailers in Sunday Times Top Track 100 New car sales decline in Europe NFDA Dealer Attitude Survey in online first Auto Trader reports record audience Darkside is sole KTM UK retailer New JLR

Navigating the pensions iceberg in motor retail acquisitions

On the back of the some of the adjustments seen amongst the accounts of the listed companies, I have dug a bit deeper into the accounting for pension schemes and the effect they can have on the financial performance of

Lookers finds £19m missing over ‘several years’

An investigation into a potential fraud at Lookers has found a “cumulative total of approximately £19 million of non-cash adjustments” due to overstatements in profitability spanning several years, including the

Auto Retail Agenda: 29 June 2020

  NO AUSTERITY BUT NO VAT RATE CUT UK ‘CHAPTER 11’ BECOMES LAW DELAY HARMS SCOTTISH RETAILERS VW LOOKS TO BUY EUROPCAR AUTO TRADER TO WORK WITH EBBON-DACS FRENCH CAR SALES RECOVER INCHCAPE AUSTRALIA RESHUFFLE

Bramall to step down from Lookers board

Lookers is undergoing a board reshuffle which includes Tony Bramall, Lookers’ biggest shareholder and the man who effectively saved the business from a hostile takeover by Pendragon in 2006, stepping down as a

Auto Retail Agenda: 22 June 2020

  DATA SHOWS BOOMING JUNE ‘ONE METRE PLUS’ TO HELP TEST DRIVES VAUXHALL CLOSED FOR PERRYS, ARNOLD CLARK, DONNELLY FORD’S BARRATT WARNS ON DEMAND TG HOLDCROFT, DRIVE MOTOR RETAIL IN PROFIT KEN CRAIG LEAVES

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