What is the revenue of Sytner Group?
It has reported a turnover of £7. December 2023, up from £6. However, pre-tax profits went from £178. During the year the company completed the acquisition of Rybrook Group, adding 16 franchised dealerships to the group. January 2024 We are delighted to announce that we have agreed to acquire Rybrook Group Limited. As part of the acquisition 15 premium franchises will join Sytner Group on 8 January 2024. This is a significant addition to Sytner Group and we are excited to be welcoming new colleagues into the group!
Who is Sytner owned by?
Under the ownership of Penske Automotive Group, Sytner Group has continued to flourish, becoming the UK’s largest and most successful car dealership group. Today, we operate state-of-the-art dealerships across the UK and have expanded into key European markets, including Italy, Germany, and Spain. A major dealer group in Detroit is buying a 40-dealership UK public company as the first step toward expanding into Europe. UnitedAuto Group agreed to buy all shares of Sytner Group plc for $135 million (E157 million) in cash and assume another $20 million of Sytner debt.Under the ownership of Penske Automotive Group, Sytner Group has continued to flourish, becoming the UK’s largest and most successful car dealership group. Today, we operate state-of-the-art dealerships across the UK and have expanded into key European markets, including Italy, Germany, and Spain.Sytner Group continued its growth in 2017 with acquisition of Trainer BMW and MINI in Swansea. Celebrating 40 years of business in 2016, all 100 Trainer staff members transferred to Sytner Group within the move. The acquisition saw Sytner Group’s total count of BMW and MINI dealerships rise to 17 for each brand.Its US-based parent, Penske Automotive Group, has announced that it has now completed the acquisition that Sytner revealed was under way in December, adding four BMW dealerships, four Mini showrooms, four Volvo dealerships, two Land Rover outlets and a Porsche centre from Rybrook Group.
Is Sytner the best company to work for?
Sytner Group receives the Sunday Times Top 25 Best Big Companies to Work for Award. The UK’s leading prestige motor retail group is the only company in the UK to have maintained a top six position for five years in succession in a league dominated by high street retailers and blue chip corporations. Sytner Group has an employee rating of 3. Glassdoor which indicates that most employees have a good working experience there.
How many dealerships does Sytner Group have?
As the premier destination for automotive enthusiasts, we have a vast network of over 150 dealerships specialising in the most prestigious car manufacturers. BMW of San Antonio is not only the largest BMW dealership in Texas, but we are also now the largest BMW dealership in the entirety of North America!
Is Porsche part of Sytner?
Porsche Centre Glasgow is a trading name of Sytner Cars Limited. Sytner Cars Limited is registered in England under company registration number 2832086. Sytner Cars Limited is authorised and regulated by the Financial Conduct Authority (‘FCA’) for consumer credit activities under FCA Firm Reference Number 688851. Sell Your Car To Sytner Instantly get an indicative value for your vehicle, and our extensive network of specialist buyers will travel to you and arrange prompt payment.