Hints and tips:
Related Special Reports
...Marshall Motor Group has also been bought by Cinch-owner Constellation, while Lookers was bought by Canada’s Alpha Auto in a deal announced last year, and Cambria was taken private by its management team...
...In one such recent deal, Lookers, one of the few remaining listed car dealership groups in the UK, agreed last month to be bought in a £465mn deal by Canada’s Alpha Auto....
...the head of auto dealership group Hendrick....
...of auto dealership group Hendrick....
...The UK car dealer agreed last month to sell its dealerships to US group Lithia for £280mn, to focus on its software arm....
...The biggest business controlled by Hankey’s The Hankey Group, Westlake Financial, is the US’s largest lender to independent, and often used, car dealerships, allowing the dealers to offer loans directly...
...Pendragon, one of the UK’s largest auto retailers, will sell all of its car dealerships for £280mn and focus on software, ending a period of tumult at the group that saw attempts to sell itself scuppered...
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...Earlier this month, Hyundai Motor terminated an aluminium supply agreement with Indonesia’s Adaro Minerals following a campaign by a climate group backed by K-pop fans that called on the Korean automaker...
...Lookers, one of the last remaining listed car dealership groups in the UK, is to be bought in a £465mn deal after being approached by a private Canadian owner, Alpha Auto....
...Lookers, one of the last remaining listed car dealership groups in the UK, said it expects a planned £465mn acquisition by Canada’s Alpha Auto to fall through after a shareholder revolt....
...Lookers, one of the last remaining listed car dealership groups in the UK, is to be bought in a £465mn deal by Alpha Auto, a private Canadian owner....
...A Hankey Group spokesperson did not respond to a request for comment....
...“We’re certainly feeling an impact,” said Matthew Demmer, owner of Jack Demmer Automotive Group, which has a dealership location across the road from the Ford plant in Wayne....
...In the wake of the probe, authorities have turned a closer eye on Singapore’s most affluent residents, visiting auto dealerships and real estate groups and warning in October that luxury assets including...
...Whereas in the auto industry, a lot of the businesses that depend on, you know, Ford and GM and Stellantis plants were able to operate at some level, whether that’s parts suppliers and car dealerships....
...The group’s debt pile stood at £750mn, a hangover of past emergency fundraisings....
...It was quite a change from 2017, when he was unimpressed with the company’s offerings at the Shanghai auto show....
...British dealership group Lookers is now advising its owners to do the same. The company was a near write-off after being hit by fraud allegations almost three years ago....
...“Anyone who was almost [about to buy an EV] has thought they have five more years now,” said Darren Ardron, who runs the Perrys dealership group in the UK....
...Separate filings show the asset manager also sold 6 per cent of auto dealership Pendragon last week, reducing its stake to 4 per cent, as well as 2 per cent of The Restaurant Group....
...A record 313,000 electric vehicles were sold in the US in the third quarter, according to data group Cox Automotive....
...Swedish car dealer group Hedin Mobility has walked away from its offer to buy Pendragon, one of the UK’s largest auto retailers, ending a months-long pursuit of the company....
...Filings show the asset manager sold 6 per cent of auto dealership Pendragon this month, reducing its stake to 4 per cent, as well as 2 per cent of The Restaurant Group....
...No local dealerships had EVs on the lot, and Ford guaranteed them a six-month delivery window, Gaines said....
International Edition