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Motor Trade News

• Pendragon to develop Quicks used car brand
  Pendragon, the UK’s biggest dealer group, confirmed it will develop its Quicks branded used car supermarket business this year. […]
• Seward (Wessex) goes into administration
  Seward (Wessex), the south coast dealer group, has gone into administration. The group operates across Dorset, Hampshire, Wiltshire and West Sussex and represents Vauxhall, Chevrolet and Hyundai across a total of four sites. […]
• Brayley adds Kia and Mazda to line-up
  Brayley is adding Mazda and Kia to its line-up in Harpenden, Hertfordshire. Managing director Paul Brayley plans to open a new dual-franchise showroom and servicing centre in three months time, trading as Brayley’s of Harpenden... […]
• Caffyns’ used car volumes fall 11.7%
  Sales of used cars in the four months to 31 January fell 11.7 per cent at Caffyns, reflecting the “uncertain” economic climate... […]
• Pendragon profits double in 2011
  Pre-tax profits at Pendragon, the UK's biggest dealer group, more than doubled to £24m (£11m) in the year to 31 December, 2011 on turnover down 3 per cent to £3.5bn. During the year the company cut debt by £78.7m to £246.8m following a rights issue. The company grew volumes in its used car operation by 14.4 per cent on a like for basis. […]

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