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The Latest Breaking News from Vertu

North East deals of the week: key contracts, investments and acquisitions

Companies featuring in this week's round-up include My Property Box, QuantuMDx and Wastefront AS

Birmingham Post

North East motor group Vertu buys Yorkshire motorcycle dealership

Company CEO Robert Forrester said the deal was "financially and strategically" important

Birmingham Post

Vertu Motors to aid customers in cost-of-living crisis after posting profit fall in half year results

CEO Robert Forrester said he was pleased with the results and that Vertu has a strategy to aid customers in the months ahead

Birmingham Post

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Vertu Motors notes headwinds in cost of living and vehicle supply issues

The automotive retailer with 160 sites across the UK said its customers would likely be impacted by rising energy costs and inflation in general

Birmingham Post

North East deals of the week: key contracts, acquisitions and investments

Notable deals have been announced this week by firms including Grid Finder, Tolent, MBL Solutions and Filtronic

Birmingham Post

Motor retailer Vertu adds online wiper blade business to growing group in £3.5m deal

Kidderminster based Wiper Blades Ltd has been acquired as part of a strategy to add businesses which complement the core group

Birmingham Post

Motor retailer Vertu hails strong start to year despite consumer demand and supply uncertainty

The firm says it is expects to see new car supply - held back by supply chain and impacted production issues - to improve

Birmingham Post

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Digital dealers: is the online car sales revolution running out of road?

Sales model of digital disruptors such as Cazoo and Carvana fail to spark with buyers

The Guardian - UK

Vertu Motors launches new share buyback programme of up to £3m

The Gateshead motor retailer's latest buyback programme follows a record year for the business in 'unprecedented' trading conditions

Birmingham Post

Elon Musk hints Tesla may stop taking orders as supply chain problems bite

Inflation and supply chain issues continue to hit carmakers, with Toyota and Tesla both sounding the alarm.

Evening Standard

Vertu Motors CEO hails record performance but warns of competitive times ahead

Robert Forrester also says the Gateshead headquartered group is working hard to tackle recruitment challenges

Birmingham Post

People on the move: key North East appointments and promotions of the week

Firms announcing new arrivals and promotions this week include Richard Reed Solicitors, Hay & Kilner, NEL Fund Managers and Vertu Motors

Birmingham Post

North East deals of the week: key investments, contracts and acquisitions

Firms and organisations announcing deals this week include CMS, Dynamo, Felmoor Park and Hirestreet

Birmingham Post

Vertu Motors acquires Derby site in £7.1m deal

The Gateshead-based retailer has bought the freehold and long leasehold interests of its Derby multi-franchise site

Birmingham Post

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Birmingham Post

Vertu signals bumper profits in 'extraordinary' trading driven by lack of cars

The North East based group upgraded its pre-tax profit forecast from £70m to £75m

Birmingham Post

North East deals of the week: key investments, contracts and acquisitions

Notable deals this week include OneGym, Britishvolt, Vertu Motors, CellulaREvolution and CRL Foods

Birmingham Post

Vertu Motors to launch dealerships in West Scotland after being awarded Toyota franchise

The Team Valley company's Macklin Motors brand will launch the first dealership in Glasgow in April

Birmingham Post

Vertu Motors creates 120 roles in new customer service apprenticeship programme

The Gateshead motor retailer is looking to attract people keen to switch careers and take its Level 3 Apprenticeship

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