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...

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...

  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...

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...

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...

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...

  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...

  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...

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...

  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...

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...

  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...

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,...

  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...

  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...

“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...

  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...

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...

  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...

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...