NEWS

VERTU Motors continues its expansion drive with the acquisition of trade and assets from Hardie Motor. It has acquired leasehold property for Dunfermline Peugeot and is expected to pay a £300k consideration for vehicle stock. Unaudited accounts show it was a £3.5m turnover business for year-end 2009, and made a small profit. It is also [...]

SMA Group is to build a third auction lane at the Leeds Auction Centre in a multi-million pound redevelopment. Along with the additional lane, there will be a smart new office mezzanine and an extension to the vehicle display canopy. Bob Anderson, MD SMA Group, said: ‘This is another fantastic announcement for the group. ‘We [...]

GROWING market share is a priority for car makers, in the face of slowing sales – and none has more than Ford. The blue oval’s market leading position GREW in March, too, as the company extended its total UK market share to 16.7 per cent. This is up from 15 per cent in March 2008. [...]

150 year old dealer giant Hendy Group has added three new Honda dealerships to its portfolio. Already operating Honda in Exeter, Hendy has added the ex-Alan Day sites in Southampton, Winchester and Portsmouth. This has secured 80 jobs across the three sites. The deal is key to the future plans of the motor group, said [...]