Lookers acquisition increases its Volvo dealership footprint
The top 10 AM100 dealer group Lookers has expanded its portfolio of Volvo dealerships with its takeover of Waterhouse Cars in Chelmsford.
Source: am-online.com
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Chinese electric cars race to arrive on British forecourts
Car dealers are braced for an influx of as many as 25 Chinese-built electric car brands to shake up the British retail market from next year.A report by Auto Trader, the online platform, has identified a slew of China-based electric brands that are at least considering selling in Britain, in additio
Source: thetimes.co.uk
Why the price of petrol cars is about to collapse
Good news for motorists could be disastrous for the Government’s net zero agenda
Source: telegraph.co.uk
Lookers top line revenue grows despite drop in volume of cars sold
£15m share buyback programme underway to increase earnings per share
Source: thebusinessdesk.com
Lookers FY22 Profit Rises, Updates FY23 Underlying PBT View; Stock Up
Shares of Lookers plc (LOOK.L, LKKRF) were gaining around 3 percent in the morning trading in London after the automotive retail and service group on Wednesday reported higher profit after tax in its fiscal 2022 with strong revenue growth.
Source: rttnews.com