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Disruption in the sector is leading to a wave of consolidation among dealerships
UK dealer benefits from increased prices even as supply issues and inflation hit demand
The UK car dealer is basking in the glow of its turnround
Dealer group predicts finance deals will incentivise purchases despite cost of living squeeze
Move by Europe’s largest used car seller follows its recent acquisition of Marshall Motors
UK dealers’ profit margins and shares soar as shortage of new models boosts used vehicle prices
Car dealership’s profits overstated over a number of years
Car dealer’s shares restart trading after six-month suspension following publication of delayed results
Car dealer says profits were overstated by £25.5m over several years and sets aside £10.4m against possible regulator fine
Grant Thornton investigation into past accounts to include corporate leasing division
Overstated bonuses and ‘fraudulent expense claims’ found as part of probe that led to board clear-out
Five directors including chairman to step down in governance purge as shares plunge
Companies analysis from our sister publication
UK car dealership pushed back publication in March after uncovering ‘potentially fraudulent’ transactions
Lookers wields the axe; pub groups will suffer an extended hangover; Amigo plumbs new depths
Government loans a start but not the end; Pendragon takes a pop at Lookers; insurers and honey badgers
Sloppy housekeeping, soaring debt and spendthrift ways were easier to ignore in a stronger market
UK car dealership group appoints external adviser to lead full investigation
Chief executive departs as weak auto market takes its toll
Group hit by ebbing demand for new and used cars as uncertainty bites
UK industry’s biggest group has come under scrutiny over selling practices
Warning signs were there that wheels might fall off financing packages
Pre-tax first-half profits were £43.1m, 14% lower than 2017’s strong performance
Electric vehicles failing to fill the gap after a collapse in diesel sales
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