FCA URGES FINANCIAL REPORTS DELAY AUDITORS WARN OF ‘ACCOUNTING CHAOS’ INCHCAPE SUSPENDS £150m SHARE BUYBACK CORONAVIRUS: AUTO INDUSTRY ROUND-UP GET YOUR AUTO RETAIL AT HOME EU...

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A busy month of reporting and announcements kicked of in February with Inchcape, with a note on the departure of group CEO Stefan Bomhard who is leaving at the end of June to become CEO of Imperial...

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Profits within Inchcape’s UK and European retail operations fell 0.6% in 2019 to £17.5 million on a turnover that dropped 1.6% to £3.0 billion. However, the figure, dubbed trading profit, in the...

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    STONEACRE PROFIT UP 25% JCT600 APPOINTS NEW MD FACEBOOK MARKETPLACE PHISHING WARNING RETAILER SALARIES UP IN 2019 WAYNE EDWARDS JOINS MARSHALL TRUCK AND VAN CHINA’S CORONAVIRUS CAR...

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A perfect storm of product, preparation and profit has helped propel, and keep, Lexus at the top of the NFDA survey. Inchcape’s Dave Graham gives the retailer’s perspective Given that Lexus sat...

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    HYUNDAI NETWORK ISSUES OPEN LETTER OF COMPLAINT TO ASHLEY ANDREW CAMBRIA’S LAVERY TO GIVE F&I CONFERENCE KEYNOTE ANOTHER GOOGLE EXEC JOINS INNOVATIVE AUTO MARKETING STARTUP...

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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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ODEY UPS PENDRAGON STAKE TO 15% SYTNER APPOINTS NEW CARSHOP BOSS JARDINE SETS 10% EV TARGET MOTORPOINT SWANSEA OPENS DUNCAN MOVASSAGHI NAMED EVP AT VW AMERICA AMERICA GETS SEAT AT ASTON MARTIN...

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LOOKERS NEWCASTLE OFFICE TO CLOSE LEVEN JOBS SAVED IN CAMBRIA/VERTU DEAL TURNAROUND EXPERT REWARDED NATHANIEL CARS IS TOP MG DEALER GM APPOINTS SUSTAINABILITY OFFICER INCHCAPE ACQUIRES MERCEDES-BENZ...

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LOOKERS BOLSTERS BOARD SIMONSTONE BRISTOL SUDDENLY CLOSES CARGIANT WINS HS2 LAND BATTLE J&J MOTORS PROFITS JUMP AUSTRALIAN REGULATORS TO INVESTIGATE VW LOANS GUMTREE ACQUIRES AUSTRALIA’S...

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A number of retailers reported in November, with mixed sets of results. First out of the trap was Lookers on 6 November with a trading update for its Q3 ending 30 September 2019. The report started by...

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CAZOO TO GO LIVE THIS WEEK BATTERY LIFE REPORT CALL FOR EVS ARNOLD CLARK ‘TOP 25 EMPLOYER’ INCHCAPE JLR DERBY TO OPEN SOON WORLD NEWS – Audi, Daimler cut jobs STOCKWATCH – Motorpoint...

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Almost exactly a year ago VW announced it was going to “fundamentally” restructure its sales model. Despite being down-played by the national sales company in the UK, the franchise agreement was...

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RECORD PROFIT AND REVENUE FOR SYTNER EDEN PROFIT SLIPS TO £2.6M CAR RETAILERS ON SUNDAY TIMES TOP TRACK 250 CAR GIANT VS CROSSRAIL CITROEN CEO JACKSON TO VISIT INCHCAPE AUSTRALIA TRADE ROW SEES...

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We’re in the midst of turbulent times. Westminster, the economy, international relations, corporate failures – all are in a state of flux and it’s affecting retailers with wildly differing...

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VINDIS ON TARGET ONLY BY ‘SIGNIFICANT’ SELF-REG SELLING EVs ‘VERY DIFFERENT’ SAYS JLR MD SIMON ELLIOTT JOINS VERTU LLOYD ADDS KIA IN CARLISLE GERMANY ‘IN RECESSION’ NISSAN CEO GOES...

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PRE-REG LEVELS DELAYING AGENCY AGREEMENTS NFDA LAUNCHES BREXIT HELPDESK NEW FLEET HQ FOR LOOKERS SHELBOURNE GROWS WITH RENAULT NEW VW BRANDING GOOGLE OPENS UP AUTONOMOUS SOFTWARE STOCKWATCH – New...

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VERTU SHAREHOLDERS REBEL OVER PAY WLTP SERVICING BOOST EXPECTED AVAILABLE CAR CAUTIOUS FOR 2019 SIR MICHAEL MARSHALL DIES AGE 87 CALIFORNIA OVERRULES TRUMP ON EMISSIONS STOCKWATCH – Inchcape pleases...

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Inchcape has claimed the performance of its UK retail operation has stabilised thanks to the “optimisation of retail portfolio” and “improved stock management”. The announcement came as the...

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Inchcape is continuing its “right sizing” plan for its network with the sale of four Volkswagen operations in Essex to US-owned Group 1 Automotive for an undisclosed sum. Auto Retail Agenda...

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