Woking-based McLaren Automotive has added an eighth location to its UK dealership network. The new site will go by the name McLaren Leeds. The new location joins the existing network made up of facilities in Ascot, Birmingham, Bristol, Glasgow, Hatfield, London and Manchester. The facility will be operated by Park’s Motor Group, which also manages… Continue reading McLaren Automotive adds eighth UK dealership
Author: Motor Trader Online News
Jardine completes sale of former Slough dealership site
Jardine Motors Group has completed the sale of the company’s former Jaguar Land Rover dealership in Slough, Berkshire. The premises was sold by Rapleys. The building was available due to Jardine relocating to a nearby purpose-built 42,000 sq ft JLR dealership. The property was purchased by Citygate, which operates a series of dealerships across north… Continue reading Jardine completes sale of former Slough dealership site
Hendy Automotive opens Mazda dealership in Tunbridge Wells
Hendy Automotive continues to expand in the south with the opening of a new Mazda dealership in Tunbridge Wells, Kent. Hendy already operates Mazda franchises in Eastleigh, Crawley, Eastbourne and Horsham and is an authorised repairer for the brand in Brighton and Winchester. The new dealership will open on May 1 at the group’s Mount… Continue reading Hendy Automotive opens Mazda dealership in Tunbridge Wells
Startin buys Peugeot and Suzuki dealerships from Hylton
The Startin Group has bought Peugeot and Suzuki dealerships in St Peters Worcestershire from Hylton Group. Startin is rated 167 in the Motor Trader Top 200 dealer groups with annual turnover of £54.1m. The company head office is in Redditch, where it represents Peugeot, Fiat and Kia. It also has Honda in Stourbridge and Worcester… Continue reading Startin buys Peugeot and Suzuki dealerships from Hylton
Dealers see profit fall 7% in March to £107,000
The average UK motor retailer saw profit in the March plate-change decline 6.7% to £107,000 compared to £114,700 in March 2017. This brought the overall result for Q1 in 7.5% below the record recorded during the first three months of 2017, according to figures from dealer profitability specialist ASE. ASE said while the decline was… Continue reading Dealers see profit fall 7% in March to £107,000
Waylands Automotive to open new Volvo dealership in Reading
Waylands Automotive has started work on a multi-million-pound Volvo eight-car showroom and workshop, which will become Volvo Cars Reading’s new home in November. Volvo Cars Reading opened for business towards the end of last year under the ownership of Waylands Automotive, headed up by ex-Ridgeway Garages CEO John O’Hanlon. The opening is part of a… Continue reading Waylands Automotive to open new Volvo dealership in Reading
Rapleys sees slowdown in dealership property values
Dealership property values have peaked with the higher numbers of dealerships on the market. That’s the view of Daniel Cook, partner in the Automotive & Roadside team at Rapleys, who said the market may have topped out. “Looking at the UK market right now, there are signs that dealership values may have peaked. Fundamentally, there… Continue reading Rapleys sees slowdown in dealership property values
Arnold Clark takes over Citroen dealership in Kilmarnock
Arnold Clark has taken over the Alistair Fleming Citroen dealership of TOM Group in Kilmarnock. The move followed the appointment of Colin Dempster and Fiona Taylor of E&W Restructuring as joint administrators of TOM Group, the commercial vehicle hire, sales and services business, and its Scottish subsidiary companies TOM Vehicle Rental and Caledonian Truck &… Continue reading Arnold Clark takes over Citroen dealership in Kilmarnock
Subaru adds four new dealerships to UK network
Subaru UK has added four new dealerships to its UK network following the relaunch of the brand with the slogan ‘Better Where It Matters’. The new dealerships are Budgen Motors Subaru, Shrewsbury; William Sawyer Cars, Andover; S G Pollitts, Exeter and Leisure World Subaru, Brompton On Swale Subaru sold 2,670 cars in 2017, a 26%… Continue reading Subaru adds four new dealerships to UK network
Franchised dealers see 19% fall in vehicles for servicing
UK franchised dealers saw a significant year-on-year decline in aftersales business in 2017, according to data from electronic vehicle health check provider autoVHC The company, which sampled 500 UK dealers, found that over the 12 month period the average dealer saw 3,320 vehicles presented at its service department, a 19% drop from the 4,080 vehicles… Continue reading Franchised dealers see 19% fall in vehicles for servicing