THURLOW NUNN BLAMES DMS FAILURE FOR LOSS CITROEN MOVES TO STOP FALLING RoS MERCEDES RETAIL LOSSES SWELL TO £29m JOHN CLARK PROFITS HALVE IN 2018 LOOKERS HR BOSS MOVES ON VW COULD FLOAT LAMBORGHINI...

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ROCKAR HEADS TOWARD PROFITABILITY VAUXHALL TO PUSH DIESEL IN 2020 PSA RETAIL POSTS 2018 LOSS LOOKERS FCA INVESTIGATION DETAILS EMERGE TESLA ‘MAKE OR BREAK’ PRODUCTION FIGURES JLR TO STOP...

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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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Lookers’ pre-tax profits for the first half of 2019 were down 39.7% on figures from the same time last year to £24.9 million against £41.3m in H1 2018. However, excluding non-underlying items...

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TRADE-IN WEBSITE TOOTLE CLOSES DOWN FORMER PM TO SPEAK AT NADA EASTERN WESTERN PROFITS RISE ABOVE £10M LOOKERS OPENS NEW £10M AUDI SITE SNOWS SEES RoS GAIN TESLA TAKES 28% OF EU EV MARKET BMW BOOSTS...

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Lookers’ profit downgrade this week only confirmed what we already knew; it’s tough selling new and used cars at the moment. And I wouldn’t be surprised if this was only the first such...

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Lookers has downgraded its profits expectations for the first half of 2019 following a decline in the market in the second quarter of the year and expects the full year figures to be lower than...

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   JARDINE SEES PROFITS FALL MCLAREN LAUNCHES USED CAR PCP AUTODATA DOUBLES SMR UPDATES PARIS BANS FIVE MILLION CARS IN HEATWAVE CAR MAKERS WARN NEXT PM OF NO-DEAL CHAOS STOCKWATCH –...

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The Financial Conduct Authority (FCA) is to carry out an investigation into Lookers’s regulated financial sales processes over the past three and a half years. The auto retail group has told...

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Lookers chief executive Andy Bruce faced a shareholders’ revolt this week with nearly one third voting against the group’s remuneration policy at its AGM. The backlash came partly in protest...

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AUDI TO START ONLINE SALES SHAREHOLDERS PROTEST OVER LOOKERS-BOARD PAY POLICY TOYOTA SCRAPS SCRAPPAGE SALES SALES AND PROFITS UP AT VT HOLDINGS TRUMP’S TARIFFS HIT GERMAN CAR MAKERS CHINA TO SEE...

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A few days ago a third of shareholders at Lookers’ AGM went against the remuneration package earlier recommended by the board, presumably in protest at the near 20% pay rise given to chief executive...

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  DIRECTORS CHANGE AT NORTON WAY AND RRG VOLVO OFFERS BREXIT PRICE PROMISE SYTNER COMPLETES SUPERCAR DEVELOPMENTS RETAILERS BUOYED BY SALES INCREASE CHINESE EV START-UP PREFERS LEASE MODEL TO...

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Full year results for 2018 for those listed dealers with December year ends (Pendragon, Lookers and Marshall Motor Holdings), displayed several common market themes that have influenced each of the...

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A busy March saw a number of retailers reporting their results, turning in some very different performances in a more difficult market. First came Vertu with its preliminary results to 31 January...

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NEW EMISSIONS STANDARDS TROUBLING DVLA VW TRIALS CAR SUBSCRIPTION SERVICE JLR REBRANDS DAILY RENTAL SERVICE LOOKERS SAYS AWARD JUSTIFIES £7 MILLION INVESTMENT FORD STARTS AXING LOSS-MAKING MODELS...

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Profits up at Marshall Underlying pre-tax profits at Marshall Motor Holdings were up 1.2% in 2018 to £25.7 million, with like-for-like revenue also up 1.2% at £2.13 billion against £2.11bn in 2017....

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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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Auto Retail Agenda believes that Rybrook is in talks with Stratstone to buy one of its JLR sites which will need new premises. Sources say the deal for the Stoke-on-Trent retailer has been in the...

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  FCA MOVED TO PROTECT LOW-INCOME BUYERS RYBROOK TO BUY STRATSTONE JLR RETAILER? £23 MILLION SCRAPPAGE SCHEME OPENS FOR LONDON LCVs LOOKERS `TOP EMPLOYER’ FOR THIRD YEAR RUNNING WORLD NEWS –...

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