All the updated news related to lookers

All the news related to lookers updated in real time

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City

Car retailer Lookers set for record profits after pandemic boom

Car dealership group Lookers is set to post record profits following the pandemic-fuelled boom in demand for new and second-hand cars. However, the London-listed company also told investors on Friday that there is uncertainty over the availability ...

07 Jan 2022 at 12:25

City

Used car prices rise 27% at Lookers and queues for new cars grow

The average price of a used car sold by Lookers has grown by more than a quarter as a shortage of semiconductors pushed up demand for vehicles. The business said that used car prices rose 27% in the first half of 2022, compared to the same period ...

24 Aug 2022 at 09:09

City

£465m takeover of Lookers set to collapse as shareholder Cinch opposes deal

The £465 million takeover of car dealership group Lookers is set to collapse after a major shareholder said it planned to block the move. Last month, the board of Lookers said it had agreed the sale of the company to Global Auto Holdings, an ...

20 Jul 2023 at 12:43

City

Improved supply of vehicles helps car seller Lookers

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 ...

22 Aug 2023 at 10:23

City

Car seller Lookers could cut hundreds of jobs after takeover

Car seller Lookers could cut hundreds of jobs after striking a takeover deal with a Canadian dealership giant. The company said a number of roles across its operations were at risk of redundancy after the buyout completed this month, ...

22 Dec 2023 at 15:33

City

Lookers agrees half-billion pound takeover by Canadian firm

Car dealership Lookers is set to come under Canadian ownership after the board and major shareholders agreed to a nearly half-billion pound takeover. The business said on Tuesday that it had negotiated a deal with Alpha Auto Group, ...

20 Jun 2023 at 10:07

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