Hertfordshire-based Brayleys Cars has bought Orpington Honda from Lookers for an undisclosed sum. The acquisition gives the group coverage for the Japanese manufacturer around the M25 and positions it as Honda’s largest private franchisee in the UK with eight showrooms and ten aftersales outlets. The Orpington outlet joins Brayley Honda’s network of dealerships in Enfield,… Continue reading Brayleys Cars buys Orpington Honda from Lookers
Author: Motor Trader Online News
Dealers miss out on vehicle health check business
Dealers are not optimising EVHC opportunities post pandemic. This is according to REALtime Communications Commercial Director Alistair Jeff, who said: “I’m sure that many business leaders will be concerned that the average conversion of urgent red work identified through a detailed EVHC has fallen to 52.1% from the three year highpoint that arose in the… Continue reading Dealers miss out on vehicle health check business
INEOS announces UK dealers with first to open in June
INEOS Automotive has nominated the partners that will operate the first 24 retail sites in the UK. These are among the first 160 locations to be confirmed in markets around the world. By the end of 2022 INEOS plans to have a network of 200 sales and service sites for the Grenadier spanning over 50… Continue reading INEOS announces UK dealers with first to open in June
Vertu buys freehold of Derby multi-franchise dealership for £7.1m
Vertu Motors has bought the freehold and long leasehold interests in a multi-franchise site located in Derby in a deal worth £7.1m It has operated the 5.5-acre Derby multi-site since September 2012, when the trade and assets of the dealerships were acquired from Co-operative Group Motors. Vertu was granted a lease on the premises which… Continue reading Vertu buys freehold of Derby multi-franchise dealership for £7.1m
Dealers donate items to SVA charity auction raising £48,000
Shoreham Vehicle Auctions (SVA) has raised over £48,000 for Chestnut Tree House Children’s Hospice (CTH). The charity auctions were held over the week starting March 14th and saw multiple car dealers across the south coast come together in support of the fundraising, by donating part exchange cars as well as making pledges to support families… Continue reading Dealers donate items to SVA charity auction raising £48,000
Fortegra acquires ITC Compliance for undisclosed sum
US giant Fortegra has acquired ITC Compliance for an undisclosed sum. ITC provides Appointed Representative (AR) status to over 1,000 dealers in the UK, allowing them to motor sell finance and insurance products without having to pay Financial Conduct Authority fees and seek FCA authorisation. Dealers on its books include JCT600, TrustFord, Glyn Hopkin and… Continue reading Fortegra acquires ITC Compliance for undisclosed sum
Peugeot dealers to activate digital service record for customers
Peugeot has launched a new digital service record enabling customers to keep all maintenance and service operations in one place The new Digital Service Record will store all servicing and maintenance information so that customers can have all important details at their fingertips via the MyPEUGEOT app. Drivers can activate their Digital Service Record in… Continue reading Peugeot dealers to activate digital service record for customers
Mazda begins direct shipping from Japan, shortening delivery to dealers
For the first time since the founding of Mazda UK in 2001, Mazda has begun shipping cars directly from Japan to the UK. It said that this will bring benefits for dealers and customer alike by providing a wider range of available stock with a 10-14 day delivery window to a dealership Having previously operated… Continue reading Mazda begins direct shipping from Japan, shortening delivery to dealers
Sytner buys Specialist Cars Holdings BMW and MINI business
Sytner Group has bought Specialist Cars Holdings for an undisclosed sum. Specialist Cars, which represents BMW and MINI in Stevenage, Luton and Tring, has been under the ownership of Clive Fletcher and Michael Donovan since an MBO in 1999. Both are now retiring. The group is rated 85 in the latest Motor Trader Top 200… Continue reading Sytner buys Specialist Cars Holdings BMW and MINI business
Vertu celebrates 15 years since acquisition of Bristol Street Motors
Vertu Motors is celebrating 15 years since its first acquisition, Bristol Street Motors, 15 years ago. In 2007, Vertu Motors plc bought 32 Bristol Street Motors new and used car dealerships. The group, which is now the fifth largest automotive retailer in the UK, currently operates 159 sales outlets across the UK. Over the last… Continue reading Vertu celebrates 15 years since acquisition of Bristol Street Motors