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7 people found this useful Lookers sold over 44,000 new and used cars during a COVID-19 ‘Lockdown 3’ impacted Q1 to finish the period “ahead of expectations”. A trading update published via the London Stock Exchange this morning (April 8) stated that the AM100PLC now expected its underlying profit before tax for 2021 to be materially ahead of the £22.6 million forecasted by analysts. It credited the success of a new Click and Drive and contactless ecommerce platform and the ongoing operation of its aftersales businesses for the positive performance. Commenting in the trading update f...

Shares in car dealer Lookers surged over 13 per cent today after the group revealed it looks set to beat profit forecasts amid 'resilient' trading. The company managed to flog 44,000 cars in the first three months of this year, against 49,000 over the same period a year ago. Bosses said that, despite dealerships remaining shut in the first three months of the year, online sales and 'Click and Drive' services helped maintain demand, which is expected to push profits above analysts' expectations of £22.6million.  On the up: Shares in car dealer Lookers surged over 13 per cent today after the...

5 hours ago Car dealerships group Lookers sold more than 44,000 new and used vehicles online in the first three month of this year. Subscribe to our daily newsletter! Sign Up Lookers has dealerships across the West Midlands It was down on 49,000 a year before with dealerships, including those in the Black Country, Shropshire and Staffordshire, closed due to the pandemic. The group continued to take orders and fulfil vehicle handovers through its dealership teams, call centres and website helped by its new click and drive and contactless technology platform. Lookers' after sales services were ...

Accountancy giant Deloitte is under investigation by the industry watchdog over its role in auditing car showroom business Lookers between 2017 and 2018.

The Financial Conduct Authority (FCA) has this morning closed its investigation into car dealer Lookers for the possible miss-selling of products.