Fleet management company CLM completes management buyout from Maxxia
UK-based fleet management company CLM has completed the management buyout (MBO) from the Maxxia Group for an undisclosed sum. Maxxia,…
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Dealers
Arnold Clark owners rank among Britain’s wealthiest people: Rich List 2022
Lady Philomena Clark and family, the single-largest shareholders of Scottish auto dealer and motor financing group Arnold Clark, have been listed…
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Car dealer group Lookers under FCA investigation
Lookers, one of the largest car dealer groups in the UK, has said it is under investigation by the Financial…
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Manheim signs remarketing deal with Big Motoring World
Vehicle re-marketer Manheim has signed a five-year deal with Big Motoring World.
ByNextGear Capital: Dealers turn to additional products to boost revenues
Most used car dealers are offering a wide range of additional products and services in addition to consumer finance products…
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Twice as many car dealers see Brexit as threat as six months ago
An industry report has shown an overall decline in the confidence of dealers as the March Brexit deadline looms.
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VW Group to pass on costs of no-deal Brexit tariffs to consumers
VW has moved to prepare its dealer network for an increase in pricing to VW, Skoda and Seat cars and…
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Werner: 2019 set to be challenging for dealers
The used car market is set to become challenging in 2019 but there are opportunities for dealers to sustain the…
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