MARKET REPORT: Car dealer Lookers shares in overdrive

MARKET REPORT: Car dealer Lookers shares in overdrive after unexpectedly strong sales during first three months of the year By Francesca Washtell For The Daily Mail Published: 22:27 BST, 8 April 2021 | Updated: 22:27 BST, 8 April 2021 Investors rushed to snap up shares in Lookers after the car dealer said it would smash … Read more

Lookers credits higher sales to Britons’ enhanced fears of public transport

Car seller Lookers says higher sales are due to Britons’ fears of travelling on public transport during the pandemic Over the first nine months of 2020, new car registrations plunged by a third  Lookers sold more than 42,000 vehicles from July to the end of September  The group’s delayed publishing of its 2019 results is … Read more

MARKET REPORT: Car dealer Lookers’ fraud probe reveals £19m black hole

MARKET REPORT: Lookers’ fraud probe reveals car dealer has been exaggerating profits for years leading to a £19m black hole By Francesca Washtell For The Daily Mail Published: 21:50 BST, 29 June 2020 | Updated: 21:50 BST, 29 June 2020 Lookers uncovered a £19million hole in its accounts after a fraud probe found the car … Read more

BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends

BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends By This Is Money Published: 07:56 BST, 8 June 2020 | Updated: 07:56 BST, 8 June 2020 Car dealership Lookers has warned it might have to suspend its shares after the business discovered a potential fraud in its accounts.   The Financial Reporting … Read more

MARKET REPORT: Aston Martin and Lookers cut jobs

MARKET REPORT: Car maker Aston Martin and dealership Lookers speed in opposite directions as they announce a total of 2,000 job cuts By Matt Oliver For The Daily Mail Published: 22:15 BST, 4 June 2020 | Updated: 22:15 BST, 4 June 2020 Car maker Aston Martin and dealership Lookers sped in opposite directions as they … Read more

MARKETS LIVE: Shares up after positive US economic data; Lookers to shut

MARKETS LIVE: Shares up after positive US economic data; Lookers to shut dealerships; Aston Martin to cut 500 jobs By This Is Money Published: 08:00 BST, 4 June 2020 | Updated: 08:14 BST, 4 June 2020 Markets rose today after Wall Street gained on surveys showing better US jobs and manufacturing conditions than expected. However, … Read more

Lookers’ chief operating officer quits amid ‘potential fraud’ probe 

Car dealer Lookers’ chief operating officer quits amid ‘potential fraud’ probe By Daily Mail City & Finance Reporter Published: 23:14 GMT, 12 March 2020 | Updated: 23:14 GMT, 12 March 2020 Lookers’ chief operating officer Cameron Wade announced his resignation from the car dealership The chief operating officer of Lookers has resigned amid a probe over … Read more

Lookers sees share price plunge 20% after announcing results delay

Car dealer Lookers sees share price plunge 20% and delays results after finding suspected fraud in its books The number of annual new car registrations last year was its lowest for 6 years  New chief executive Mark Raban was the former CFO of Marshall Motor Holdings Lookers originally sold bicycles and bicycle parts before becoming … Read more