Arnold Clark has ranked seventh in the Sunday Times Top Track 100 of private companies with the largest sales. This year’s league table is the 19th edition and is a Covid-19 edition that shows how...

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  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...

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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...

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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,...

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Lookers is advertising for four experienced big 4 auditors who are immediately available to “complete a complex audit and accounting investigation”. The four recruits, who must be ACA qualified...

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  LOOKERS SEEKING EXTRA INTERNAL AUDITORS PPI CLAIMS FIRMS NOW TARGETING AUTO RETAILERS USED CAR PRICES: UP OR DOWN? LIPSCOMB OPENS, ARNOLD CLARK CLOSURE? VROOM DOUBLES AFTER IPO HOLDEN AND...

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Lookers shares are expected to be suspended from 1 July as the group has revealed it is not expecting to be able to publish its results for 2019 by the end of the month – the last permitted date for...

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Lookers is aiming to cut 1,500 of its 8,100-strong workforce as it enters a restructuring plan. The move comes as dealer group has experienced a host of difficulties in the past year including an...

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Lookers shares are down 71% in a year, valuing the business at £97.9m, reports The Sunday Times. Debt could soon exceed the valuation: it had £65m of debt at the end of April and the cost of...

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  SCOTLAND AND WALES RETAILER FRUSTRATION LOOKERS DEBT COULD SOON EXCEED VALUATION LOOKERS, PICADOR DEALERS CLOSE NEW MD FOR NISSAN WEST WAY AUTO TRADER REMOVES DISPLAY ADS FRANCE LAUNCHES EV...

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Pendragon has confirmed it approached Lookers about a merger in the last fortnight. Lookers rejected the approach because of the ongoing FCA investigation and the coronavirus crisis, according to a...

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Saturday’s news that Pendragon, under the command of new CEO Bill Berman, made an approach to Lookers with a view to merge the two firms is interesting on several counts. Firstly, there’s the...

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  LOOKERS REJECTS PENDRAGON MERGER BID GOVERNMENT CONSULTS RETAILERS OVER REOPENING PLANS ECO PROTEST WARNING FOR DEALERS NEW LOOKERS ONLINE SHOP CORONAVIRUS: AUTO INDUSTRY ROUND-UP LOWER PRICES...

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    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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Last weekend, we ran a small story about Lookers. The group’s recently-opened £10 million Audi Farnborough dealership scooped the brand’s Divisional Investor Award while, just down the road,...

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CAZOO LOSES CFO RETAILERS SPRINT TO BEAT EV GRANT CUT PENDRAGON APPOINTS NEW NON-EXEC MOTORPOINT SHAREHOLDER BUILDS STAKE NEW CAR SALES BANNED IN ITALY RETAILERS KEY TO GM’S EV PLANS LAUNCH DIARY...

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Lookers is delaying its annual results statement, due out tomorrow (11 March), after identifying “potentially fraudulent transactions in one of its operating divisions”. In a stock exchange...

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  VAUXHALL PROMISES RETAILER PROFIT LIFT IN 2021 ARNOLD CLARK PLANS FOR STARBUCKS, EV CHARGERS LOOKERS WINS AUDI AWARD RETAILER TO CLOSE AFTER PLANNING FAIL FORD CUTS COST-PER-LEAD 80% WITH...

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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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Lookers is closing its award-winning north east head office in Newcastle due to “extremely challenging market conditions”. Lookers inherited the Leopard House office on the Newcastle Business Park...

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