Lookers is a British car dealership chain in the United Kingdom and Ireland.
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Lookers is a British car dealership chain in the United Kingdom and Ireland.
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Until World War I, Lookers Ltd was primarily a Ford dealer, which thrived to such an extent.
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In 1989, Lookers acquired SMAC Continental, based in South East England, for £14.
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In February 1996, Lookers bought Charles Hurst Group, a dealership in Northern Ireland.
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Meanwhile, Lookers began an investment program, which included the opening of a £4.
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Lookers added a number of existing dealerships as well, such as 452 Birmingham and Spekehall Vauxhall, bought from Vauxhall and Rystar Aston and Selly Oak Vauxhall, bought from Ryland Group.
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Lookers had built up an extensive network, throughout the United Kingdom.
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In February 2003, Lookers completed its United Kingdom presence, with a move into Scotland.
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In February 2005, Lookers added a used car "supermarket" Bristol Trade Center, paying £8.
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In October 2007, Lookers acquired Dutton Forshaw, another dealership, from Lloyds TSB for £60 million.
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On 3 September 2015, Lookers acquired Tyneside based Benfield Motor Group for £87.
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The deal saw Lookers plc expand further into the North East and Cumbria.
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Lookers has dealerships for a number of high end manufacturers, including Ferrari in Northern Ireland, and Jaguar in Northern Ireland and Scotland.
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Lookers sells agricultural vehicles, equipment and machinery, and operates the United Kingdom's leading wholesale auto parts distributor, FPS Distribution.
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In June 2020, Lookers announced that it will cut out 1,200 jobs and sell or reorganize 12 sites in order to save around £50 million.
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Lookers discovered fraudulent transactions, misstatement in debtor balances and false expenses claims at one of its divisions.
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