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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  INCHCAPE SELLS FOUR SITES TO GROUP 1 PENDRAGON SELLS ANOTHER JLR AUTO TRADER TO REVISE PRICING BADGES FCA CALLS FOR RETAILER OPINIONS RETAILERS HOLD MORE USED STOCK FORD ORDERS FREE GEARBOX FIX...

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Inchcape is understood to be working on a plan to dispose of up to a fifth of its UK dealerships as part of a strategy to “right size” the group and secure its future following a set of poor...

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Several listed retailers reported in May, and first off the blocks was Vertu with its final results for the year ending 28 February 2019. The numbers are interesting: profit before tax of £25.3m...

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  HYUNDAI PLANS TO REPEAT BREXIT PREP RETAILERS CARRYING 15% MORE USED CAR STOCK CLEAN AIR ZONE FORCES RELOCATION FOR LISTERS INTEREST RATE RISE LOOMING GROUP 1 AUTOMOTIVE LAUNCHES ONLINE SALES...

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Inchcape’s results last week didn’t make for pretty reading, at least not in terms of its UK and European retail business. A near £200 million goodwill write-off due to problems in vehicle supply...

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Pendragon has been in the news of late. Last month saw a number of substantial bids for the retailer, and this month comes news of the appointment of a new CEO from 4 March, Mark Herbert, who takes...

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Inchcape’s UK and Europe retail sales declined nearly 4% and trading profit declined more than 70% in 2018 due to the impact of WLTP emissions regulations. The firm has also taken a £198 million...

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At the end of the first week in December, Mike Allen, a market analyst for Zeus Capital, published a note analysing the results for Inchcape while offering a view on its future. He commented:...

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November saw Lookers making a trading update for the nine months to 30 September which, considering the state of the market, the company is pleased with. Lookers said that a third of its gross profit...

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ROCKAR DISPROVES ONLINE SALES MYTHS RETAILERS COULD GET BLACK FRIDAY BOOST AUTO RETAIL INSOLVENCIES UP THIS YEAR ARNOLD CLARK OFFERS ‘END-TO-END’ EV PACKAGES TRANSIT CUSTOM OUTSELLS MOST...

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  GRANT CUTS MAKE ULEVs `UNVIABLE’ FOR FLEETS SHARES RECOVER AS PDG TURNS Q3 PROFIT SPIKE IN RECALL WORK FOR BMW AND TOYOTA CLICK DEALER TAKES F&I DIGITAL AWARD VOLUME BONUS POLICY HURTS...

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The auto retail industry is not exactly flavour of the month with the stock market at the moment, unless you are big into used car retailing. It’s not just this week which has seen some big names...

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HALLIWELL JONES PROFIT FALL ‘SATISFACTORY’, SAY DIRECTORS FCA REORGANISES FLEET RETAILER NETWORK SUV SALES MIS-MATCH LCV VALUES SHOWING STRONG GROWTH CAR SHARING CLUB GETS BIRMINGHAM CITY COUNCIL...

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Amid see-sawing numbers in new registrations as noted by the SMMT – a swing from +3.4% recorded in May TO -3.5% in June (compared to +10.1% in Spain and +4.7% in France) – a number of retailers...

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  PLATTS STOKE SOLD TO CAR SUPERMARKET WESTOVER OPERATING ABOVE INDUSTRY AVERAGE LISTERS REPORTS PROFIT DROP MITSUBISHI STRENGTHENS RETAILER TRAINING TEAM MOTORPOINT SITE GETS ‘BEST EMPLOYER’...

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