AM-online | Automotive Industry News
WEBHonda's ZR-V: a premium medium SUV packed with safety and features, but pricey. For more than 20 years AM has built a reputation for being the prime source of news, insight and best practice information for senior executives in the UK automotive retail sector.
Car e-retailer Cazoo expands into new car offers including ... - AM …
WEB1 June 2021. e-commerce. Cazoo has begun targeting new car customers with the launch of an all-inclusive new car subscription service, marketing models from Fiat and Ford to Mercedes-Benz and Tesla. The online car retailer, which launched with a home delivery used car buying service in 2019, is now marketing more than 450 cars - typically ...
Automotive Management - AM-online
WEBMacklin Motors’ new £5m state-of-the-art car showroom opens in Ayr. Macklin Motors has unveiled a brand new Toyota centre on Heathfield Road in Ayr, expanding its presence in the west of Scotland after securing the Toyota franchise in 2022. Car dealer news 12 Sep.
HR Owen welcomes star supercars and 200 VIPs to Lamborghini …
WEBSep 30, 2022 · HR Owen has welcomed over 200 VIP guests to its Lamborghini Manchester supercar showroom as it inaugurated the new facilities following extensive investment and refurbishment. The latest Lamborghini models including the V10 Huracán Tecnica, Huracán STO3 track car, an Aventador Ultimae were joined by a Lamborghini Countach LPI 800-45 – one ...
Manufacturer insight - new car sales figures - AM-online
WEBNew car sales figures: year to date. The graph below shows the progression of new car sales year-on-year from 2001 to the last full month of the current year. Below the graph is a total annual registrations and the percentage change from year-to-year. This is followed by a breakdown from the SMMT of registrations by sales type, retail, business ...
Stoneacre Motor Group profits soar 63% in record annual ... - AM …
WEBJan 25, 2023 · Stoneacre Motor Group’s profit before tax soared by 63% to deliver a record set of annual financial results for 2021/22. The South Yorkshire-based AM100 car retail group’s pre-tax profits rose from £24 million to £43m as turnover rose by 37% to £1.3bn in the year to the end of April 2022.. Its record results come 12 months on from a 2020/21 trading period in which its profits rose by ...
Group 1 Automotive expands with large acquisition of Inchcape …
WEBApr 15, 2024 · Group 1 Automotive has agreed a £346 million deal to acquire Inchcape's UK dealerships, almost doubling the scale of the AM100 group. The addition of Inchcape's 54 sites takes Group 1 Automotive UK's dealership portfolio up to 109 outlets, and its total annual revenues of more than £4 billion will mean it overtakes Marshall Motor Group to enter the top 5 of the AM100.
Marshall acquires Heritage Automotive’s Cheltenham and …
WEB25 May 2021. Marshall Motor Group will develop a new dual-franchise Jaguar Land Rover dealership for Cheltenham and Gloucester after acquiring the franchise from Heritage Automotive. The AM100 PLC announced completion of the deal this morning (May 25) and wasted no time in revealing its plans for a new facility under the car manufacturer’s ...
Arnold Clark to evolve used car operations after 68% pre-tax …
WEBMay 9, 2022 · Car dealer news. Arnold Clark chief executive Eddie Hawthorne has reported an “excellent” 2021 financial performance with revenues up 25% as pre-tax profits rose 68%. Revenues for the AM100 car retail group increased to £4.7 billion (2020: £3.8bn) as profit before tax reached £263 million (2020: £156.5m) in a financial period impacted ...
Cazoo to sell off stock, cease car sales, become rival to Auto …
WEB7 March 2024. Car dealer news. Online car dealer Cazoo is beginning to sell off its used car stock, transporters and customer care centres as it has announced it will switch to a new business model as a car marketplace, competing with rivals such as Auto Trader, Motors and AA Cars. A new chief executive will be appointed - the business's third ...