Vertu has completed the purchase of five BMW and Mini businesses from Inchcape plus one BMW Motorrad business and a used car site for a total cash consideration of £18.7 million plus £8.9m of used...

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The Covid-19 crisis has accelerated what Cambria CEO Mark Lavery describes as a generational change in automotive retail, but he doesn’t believe that the move to an agency model is inevitable. “I...

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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...

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With the backdrop of the election having been and gone, and the UK finally leaving the European Union – some 10 months late, it appears that the country is in good spirits. As reported on the...

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The consumer has proven to be relatively robust to date and a number of listed dealers have reported positive earnings trends in recent months. Clearly challenges remain: the resignation of Theresa...

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Hendy Group has extended its footprint across the south of England with the acquisition of Westover Group for an undisclosed sum, in a move that chief executive Paul Hendy described as “hugely...

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A retailer specialising in the upper end of the used car sector says that selling his business to a PLC which has a portfolio of destination gastro pubs and inns is a ‘natural fit’ that will...

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Vertu has acquired Newport based Vans Direct for £7.5m, in an acquisition that the board expects to be immediately earnings enhancing. Vertu CEO Robert Forrester said “This is an exciting...

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Stoneacre Motor Group is set to continue its expansion plans with the acquisition of North East-based Mill Garages, according to Auto Retail Agenda’s sources. The purchase will double the number of...

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Retailer acquisitions through 2016 and 2017 mean the largest groups now control 28% of the market. Dealer groups increased their share more rapidly in 2017 than in recent years, with the largest...

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Vertu Motors has bought Home Counties based Hughes Group for £21.8 million. The acquisition marks Vertu’s first purchase for two years. Hughes, based around Beaconsfield, operates six outlets for...

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Former Ridgeway CEO John O’Hanlon has returned to the auto retail sector as founder of Waylands Automotive, looking to pick up on what he describes as unfinished business, and aiming to build a...

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The used car market and aftersales will be critical for the automotive retail sector over the next 12 months, but even in this challenging market there are still opportunities for growth. So says Mark...

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St Leonards Motors Group based in South East England has bought Dingles which operates Toyota, Lexus, Hyundai and Isuzu franchises in East Anglia, for an undisclosed sum. Companies House records for...

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It is believed that South Eastern group Go Vauxhall is to acquire the West Midlands group Vision Vauxhall.  The former retailer operates eight sites in and around London and the South East of...

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The total number of new car sales points increased from 4,840 in January 2016 to 5,011 at the beginning of 2017, which follows a fall of seven sales points in 2015. This is one of the key findings of...

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For nearly a year, Vertu hasn’t bought any dealerships, and for a group that has both been born from, and grown by, acquisition, this has been something of a change for chief executive Robert...

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Marshalls has demonstrated that it is more than just the sum of its acquisitions, with end of year results showing strong like-for-like growth alongside the significant contributions from the...

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PSA has announced the acquisition of Opel/Vauxhall from General Motors for €2.2 billion, creating the second largest automotive company in Europe behind Volkswagen, with a market share of 17%. PSA...

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Allen Ford’s South African parent company is understood to have continued its expansion in the UK with the purchase of Essex Auto Group for an undisclosed sum. The acquisitive Super Group, head...

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