Vertu is looking to boost profits and cut costs by moving to a multi-franchising strategy. Speaking to Auto Retail Bulletin following Vertu’s trading statement revising the company’s profitability...

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Robert Forrester has estimated Vertu sales are down around 30% during the January lockdown but said the retailer is “battling hard” to maintain trade. Over the weekend, Mr Forrester said the group...

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  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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England’s new Tier 4 restrictions have been descried as “another blow to Covid-secure auto retail” by SMMT chief executive Mike Hawes, who added with frustration: “But you can still buy your...

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Vertu has completed the purchase of five BMW and Mini businesses from Inchcape plus one BMW Motorrad business and a used car site for a total cash consideration of £18.7 million plus £8.9m of used...

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Vertu has completed the purchase of five BMW and Mini businesses from Inchcape plus one BMW Motorrad business and a used car site for a total cash consideration of £18.7 million plus £8.9m of used...

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  VERTU COMPLETES BMW PURCHASES FROM INCHCAPE PORSCHE RETAIL GROUP MARGIN GROWS TO 3.1% RETAILERS BACK AGENCY MODEL AUTO RETAIL LIVE TO SET 2021 AGENDA DCH MILLBURN IS ‘BEST US DEALER’ BARBER...

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  AVERAGE PAY FALLS, FEWER STAFF FORECAST WHAT DID RETAILERS LEARN IN THE FIRST LOCKDOWN? VERTU’S FORRESTER PRESENTS £3k WATCH TO TOP SALESPERSON CHARLES HURST’S McNAB TO RETIRE AUTO RETAIL...

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Robert Forrester, Daksh Gupta, Mike Hawes and Sue Robinson have all criticised the lockdown measures to be introduced on Thursday 5 November, which sees auto retailer showrooms forced to close. Mr...

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  AUTO RETAILERS IN POSITIVE COVID-19 TESTS EU IMPORT TARIFFS ‘INEVITABLE’? ARTHURS HAS A HEART GRANT SHAPPS VISITS GRANGE CAR DEALER BANNED BY INSOLVENCY SERVICE SONIC AUTOMOTIVE CEO...

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Vertu Motors has recovered swiftly from the lockdown to report a profit before tax of £4.7 million, after the industry-wide shutdown sent its Q1 into loss. The group’s half-year results to 31...

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  FORAY LOSS NARROWS AUTO RETAIL LIVE URGES FOCUS ON DATA AGNEW 10% JOBS CULL FARNELL OPENS £2.4m LAND ROVER BRADFORD CROWN HONDA COLINDALE TO BECOME HOMES EU CLOSES NOx EMISSIONS LOOPHOLE...

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Marshall Motors’ Daksh Gupta, Waylands’ founder John O’Hanlon, Mazepoint’s Tracy Ellam and Auto Trader’s Ian Plummer are lined up for the next Auto Retail Live webinar on September 15,...

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  HEADLINE SPEAKERS WILL HELP YOU MEET 70-PLATE TARGETS WELSH SYTNER BMW MINI CLOSES STONEACRE TARGETS DISUSED LAND FOR VOLVO SITE VIDEO ‘TREBLES CONVERSION’ WORLD NEWS – US sales...

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  PENDRAGON CLOSURES DETAILED BREXIT HALVES JOHN GROSE PROFIT PSA RETAIL TURNS AROUND LOSS BURGUNDY TAKES STAKE IN VERTU WORLD NEWS – TrueCar sells RV division, PSA blasts US retailers...

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“Strong pent-up demand” is driving a surge in sales of new and used vehicles at Vertu’s Scottish retailers, says CEO Robert Forrester. Its Glasgow central Nissan dealer was the...

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  Lotus retailer network ‘to be 75% new’ Vertu reports surge in Scottish demand Marshalls adds Aylesbury VW Indoor masks to become mandatory Coronavirus Job Retention Bonus explained Subprime...

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Vertu Motors has used its latest full-year results to set the scene for the year ahead and has even hinted that it could be acquisitive as it was “well-positioned to take advantage of the...

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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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Auto retail executives and sales platforms are reporting a rise in activity and vehicle sales following PM Boris Johnson’s confirmation showrooms should be able to reopen from 1 June. Vertu’s...

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