19 Facts About Lookers

1.

Lookers is a British car dealership chain in the United Kingdom and Ireland.

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2.

Until World War I, Lookers Ltd was primarily a Ford dealer, which thrived to such an extent.

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3.

In 1989, Lookers acquired SMAC Continental, based in South East England, for £14.

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4.

In February 1996, Lookers bought Charles Hurst Group, a dealership in Northern Ireland.

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5.

Meanwhile, Lookers began an investment program, which included the opening of a £4.

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6.

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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7.

In May 2002, Lookers teamed up with Morrisons, in an experiment to sell cars from Internet displays in three supermarkets of Morrisons.

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8.

Lookers had built up an extensive network, throughout the United Kingdom.

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9.

In February 2003, Lookers completed its United Kingdom presence, with a move into Scotland.

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10.

In February 2005, Lookers added a used car "supermarket" Bristol Trade Center, paying £8.

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11.

In October 2007, Lookers acquired Dutton Forshaw, another dealership, from Lloyds TSB for £60 million.

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12.

On 3 September 2015, Lookers acquired Tyneside based Benfield Motor Group for £87.

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13.

The deal saw Lookers plc expand further into the North East and Cumbria.

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14.

In March 2022 Lookers Plc sold its London Battersea site for £28m in a sale and leaseback deal with property group Urban Logistics REIT.

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15.

Lookers plc operates a national network of car dealerships, featuring a wide range of car manufacturers, including the volume brands Vauxhall and Renault.

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16.

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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17.

Lookers sells agricultural vehicles, equipment and machinery, and operates the United Kingdom's leading wholesale auto parts distributor, FPS Distribution.

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18.

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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19.

Lookers discovered fraudulent transactions, misstatement in debtor balances and false expenses claims at one of its divisions.

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