Co-op exits volume car retailing in the UK

The Co-operative has exited volume car retailing in the UK with the sale of Nissan and Peugeot franchises in Keighley. It is also in advance discussions to sell Renault, Nissan and Chrysler businesses in Nottingham…

Co-op sells Peugeot dealership in Keighley

The Co-operative has sold its Peugeot dealership in Keighley West Yorkshire to Pentagon for an undisclosed sum.

It follows hard on the disposal of a Nissan franchise in Keighley to Colin Appleyeard…

Co-op pushes ahead with dealership disposals

The Co-operative has sold its Nissan Franchise in Keighley to Colin Appleyeard for an undisclosed sum. This leaves it with Land Rover dealerships in Bradford,Central Leeds and Guisely trading as Farnell…

Vertu buys dealerships from the Co-op

Vertu Motors confirmed today that it has bought three car dealerships from the Co-op Motors for £5.5m.

The group is paying £1.6m…

Vertu in talks to buy three Co-op dealerships

Vertu confirmed today that it is in discussions with the Co-op group to buy three dealerships.

“Further to a recent a press statement from the Co-operative Motor Group, the Group confirms..

Co-op motors H1 operating profits fall 8.5%

The motors division of the Co-operative saw operating profit down 8.5% to £1.5m on turnover down 5.3% to £135.9m in the six months to 30 June…

Co-op Motor Group profits up 8%

Profits at the Co-operative Motor Group rose 8.4 per cent in the year to 31 December 2011. Profits for the year were £3.2m on revenues which increased by 4 per cent to £277m.

Co-op interim motor sales rise 6.3% to £143.6m

Sales at the The Co-op Group’s Motors arm rose 6.4 per cent to £143.6m in the half year to 2 July 2011.

Although it did not give an indication of profitability, it said the car business had “performed well given the difficult nature of the market currently, with the slowdown in the economy and increasing consumer nervousness”…

Co-operative Motor Group back in profit

The Co-operative Motor Group has returned to the black with operating profits of £2.9m for the year ended 1 January 2011.

Co-operative slashes labour rates by 25 per cent

The Co-operative Motor Group has slashed the cost of its labour rates by over 25 per cent and introduced interest free loans to pay for servicing and repairs…