Mark Raban News Today

Duncan McPhee is stepping down from his role as the chief operating officer of AM100 dealership giant Lookers.

The company said a number of roles were at risk of redundancy after the buyout completed this month.

Lookers has confirmed it is expecting to make further redundancies across its group following the takeover of Alpha and delisting from the stock market.

Lookers has confirmed its CEO Mark Raban is to exit the automotive retail giant on December 31.

Shareholders in Lookers voted on the 130p per share takeover offer by Global Auto Holdings this week and a huge majority gave it their backing.

A top team of 40 cyclists at one of the retailer Lookers including chief executive Mark Raban and chief operating officer Duncan McPhee are today setting off on a gruelling charity bike ride.

Car seller Lookers said it had benefited from an improved supply of vehicles as it sold nearly 3,000 more new cars in the opening half of the year.The company said the used car market had grown for 11 consecutive months now, as it said it made more t...

Investors breathed a sigh of relief as the FTSE 100 returned to positive territory following its longest losing streak for more than four years.

Lookers PLC on Tuesday reaffirmed its boards support for a takeover offer, while reporting lower half-year profit. The Manchester-based car sales and service chain reported pretax profit of GBP40.4...

Car dealership Lookers posted a dip in first-half profit on Tuesday as it highlighted a "challenging" trading environment.