VERTU DOWN 30% BUT ‘BATTLING HARD’ IN LOCKDOWN CARSEARCH AIMS TO BOOST FRANCHISED USED CAR OPERATIONS LOOKERS STOCKPORT IS KIA DEALER OF THE YEAR GATES FORD DONATES COMPUTERS TO SCHOOL...

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Lookers emailed its top 10 shareholders ahead of a general meeting on Monday to say a recommendation to vote against the adoption of its 2019 annual report and accounts “would be disappointing”...

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  LOOKERS RESPONDS TO SHAREHOLDERS MORE AREAS ON BRINK OF TIER 4 VINES REPEATS £1.7M LOSS GILLANDERS CLOSES DUE TO COVID VW OF AMERICA ‘WANTS TO BE LOVED’ STOCKWATCH – Pendragon up 10.9%...

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  TIER 4: SHOWROOMS TO CLOSE, AGAIN FINANCE BUYERS TOLD TO ‘WAIT AND SAVE’ LOOKERS FAILS TO HIT 2020 INTERIMS DEADLINE PORSCHE EXPANDS EU ONLINE SALES FORMER AUTONATION CEO REJOINS JM FAMILY...

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Polestar’s new retailers will have a relationship with their manufacturer that is unlike any other in the UK market. So says head of Polestar UK, Jonathan Goodman, who described the relationship as...

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  LSH AUTO LOSSES HIT £18M AHEAD OF PANDEMIC HR OWEN ‘JUST ABOVE BREAKEVEN’ IN 2020 HYUNDAI LAUNCHES BREXIT PRICE PROTECTION 2030 EV RULING TRIGGERS ENQUIRIES LEAP 1 IN 5 US CADILLAC...

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Amsterdam’s Farringdon Capital Management, co-founded and owned by Bram Cornelisse, has taken a 3.36% stake in Pendragon. The deal sees Farringdon become Pendragon’s sixth-largest institutional...

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  PENDRAGON’S BUSY WEEK HAWCO VOLKSWAGEN IN COVID LOSS POWELLS TO CLOSE AFTER 67 YEARS NFDA WARNS OF TRADE PLATE DELAY FORD RECRUITS EBAY MARKETING BOSS JOE MALLON IS RENAULT IRELAND DEALER OF...

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After several months of delays and a suspension from the Stock Exchange, Lookers has issued its financial results for 2019 which include a downward adjustment of £25.5m in profitability. The troubled...

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Lookers is set to become the next retailer to open a Polestar store. The troubled retailer is currently advertising for staff to work in its soon to be completed Manchester store in the city’s...

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    LOOKERS NEXT WITH POLESTAR STORE ENQUIRIES NEAR USUAL IN LOCKDOWN 2.0 DIGITAL RESERVATION TOOL LAUNCHED MANGOLETSI IN SECOND RETROSPECTIVE PLANNING APPLICATION PORSCHE RETAILER TO BECOME...

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  EC CONSULTS ON BLOCK EXEMPTION RULES COMPLEXITY SLOWING VOLVO ONLINE SALES, SAYS MD LOOKERS TO SELL OFF WEST LONDON SKODA SMMT URGES UK EU TRADE TALKS CINCH CHANGES FOCUS US DMS CEO IN...

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Troubled retail group Lookers has posted a positive trading update but has further delayed its full-year 2019 and H1 2020 results until November. However, banks backing Lookers have also appointed...

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Lookers has delayed its 2019 accounts again and will now not hit its self-imposed deadline of publishing before the end of August as it has extended the scope of its accounting investigations. The...

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Last week was a painful one for automotive retail. Pendragon cut 1800 jobs and committed to closing 15 sites, which actually ‘only’ accounted for 400 of the job losses – hard for those involved,...

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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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