Dick Lovett Group has opened a new Jaguar Land Rover dealership in Melksham, near Bath. The opening is part of the restructuring of the Jaguar Land Rover networks in the UK with – for the most part – common ownership of the two brands in each market territory. Employing 800, Dick Lovett represents BMW, Mini,… Continue reading Dick Lovett opens Jaguar Land Rover dealership in Bath
Author: Motor Trader Online News
New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Hendy Automotive is building a new multi-franchise dealership in Eastleigh Hampshire for Mazda, Kia and Honda. The company’s existing Leigh Road facility will now sell Ford. The new showrooms are expected to employ 90 people and the project is part of a partnership with Eastleigh Borough Council, which retains ownership of the site. Features include… Continue reading New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Michael Jeffery buys Stirling of Hereford’s Suzuki dealership
Michael Jeffery, which trades as Ponthir Suzuki and Honda has bought Porch 2005’s Suzuki dealership trading as Stirling of Hereford for an undisclosed sum. This is its third Suzuki dealership. The group already represents the brand in Abergavenny and Caerleon in Newport. The company also represents Honda at the Caerleon site. Up until summer 2017,… Continue reading Michael Jeffery buys Stirling of Hereford’s Suzuki dealership
More dealers experience financial distress as market contracts
Rising numbers of new and used car dealers experienced “significant” levels of financial distress in the final quarter of 2017. According to Red Flag Alert research from insolvency firm Begbies Traynor, the number of UK automotive businesses experiencing significant financial distress reached 15,516 in the final quarter of 2017, a year on year increase of… Continue reading More dealers experience financial distress as market contracts
Dealers told to focus on aftersales and boost profitability
Dealers have been urged to recognise the importance of aftersales and servicing to offset the fall in trade as the new car market declines. Paul Humphreys, managing director at DMS supplier Incadea UK, said: “While the used car market is performing strongly, it has been a challenging time for new, and for many dealers, this… Continue reading Dealers told to focus on aftersales and boost profitability
Snows Group buys Portfield in Chichester
Snows Group has hit the acquisition trail buying Portfield in Chichester,which represents Citroën, Mazda and Peugeot (pictured) brands in the city. A Toyota franchise dealership is also being developed for the site. The deal also includes Portfield Part Exchange Centre Bognor Regis, which will become Snows’10th specialist used car outlet under the banner Too Good… Continue reading Snows Group buys Portfield in Chichester
Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow
Lookers has invested £12m in new Volvo and Jaguar dealerships in Glasgow. Its subsidiary Taggarts is relocating the Jaguar and Volvo businesses from Maryhill Road, Glasgow and Windmillhill Street, Motherwell to new dealerships at Hillington Park. The new Taggarts Jaguar Glasgow dealership includes a 29,000 ft showroom split over two floors, with capacity for over… Continue reading Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow
Gates Group buys four TrustFord dealerships
Gates Group has acquired four car dealerships in London from TrustFord for an undisclosed sum. The dealerships in Woodford Green, Walthamstow, Enfield and Potters Bar join Gates’ existing dealerships in Bishop’s Stortford, Hertford, Epping and FordStores in Stevenage, St Albans and Harlow. Gates is rated 89 in the Motor Trader Top 200 with annual turnover… Continue reading Gates Group buys four TrustFord dealerships