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...

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,...

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...

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...

  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...

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...

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...

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...

Tony Bramall’s continues to build his stake in Lookers with the purchase of £1.2m of shares. Mr Bramall’s company, Guernsey Investments, has bought 2.1m shares at 55.0p. Mr Bramall now holds...

TONY BRAMALL BOOSTS LOOKERS STAKE MOTORPOINT LAUNCHES SAYE SCHEME ARNOLD CLARK TAKES ON TOYS ‘R’ US SITE BARRETTS LEAVES CITY CENTRE AFTER 117 YEARS PENDRAGON COMPLETES JLR CALIFORNIA SALE BMW...

Lookers general counsel and company secretary Glenda MacGeekie has left the company. Philip Kenny has been contracted to take over the chief legal officer and company secretary role, effective 20...

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...

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...

LLOYDS BANK HIT BY FALLING USED CAR PRICES NEW DIRECTORS AT GLYN HOPKIN ARBURY TAKES ON PENDRAGON JLR GLEWS OF GOOLE IN TALKS OVER FUTURE WORLD NEWS – Michael Cole is Kia America president; India...

After more than 25 years reporting the auto retail sector, nothing much about the industry surprises me any more. But Friday morning’s news from Lookers that both Andy Bruce and Nigel McMinn...

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...

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...

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...

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...

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...