Kia Motors America has announced the appointment of former Kia UK managing director Michael Cole as its chief operating officer and executive vice president.
Author: Automotive Manager Online News
Hendy Group acquires Portsmouth’s Unbeatablecar used car supermarket
Hendy Group has announced the acquisition and opening of a new used car and van store in Portsmouth as part of an ongoing expansion which is set to drive a countinued rise in annual turnover.
John O’Hanlon buys second Volvo dealership for Waylands Automotive
John O’Hanlon has doubled the size of his new dealer venture with the acquisition of Volvo dealer Fawcetts Garage in Newbury.
Startin Group buys Hylton Group’s last trading dealership
Startin Group has bought St Peters Peugeot and Suzuki dealership from Hylton Group Limited.
Read Motor Group Doncaster acquisition completes Burrows Motor Company Hyundai withdrawal
Burrows Motor Company has completed its withdrawal from the Hyundai franchise with the sale of its Doncaster franchise to the Read Motor Group for an undisclosed sum.
Arnold Clark expands with Citroen acquisition
Arnold Clark has bought the Alistair Fleming Citroen dealership in Kilmarnock from collapsed parent business TOM Group.
The AA acquires online car sales site VCARS
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
Geneva Motor Show 2018: Jaguar Land Rover reassesses dealer relationships after disappointing NFDA Survey results
Jaguar Land Rover’s relationship with its UK car dealer network will change from a “parent-child” to “adult-adult” after two constructive sets of talks with retailers, conceded managing director Jeremy Hicks.
Average franchised car dealer year-on-year profitability up slightly in January to £5,000 – ASE
Average franchised car dealer profitability in January was ahead of last year to £5,000.
Group 1 acquires Robinson’s Mercedes-Benz dealerships, confirms Darren Guiver as UK boss
Group 1 Automotive UK has acquired its first Mercedes-Benz and Smart businesses as it steadily expands its territory up the East of England.