Stoneacre invests £2m in Lincoln Volvo dealership – Motor Trader
Stoneacre Motor Group is pumping £2m into refurbishing its Volvo dealership in Lincoln.
The new-look showroom will open in January 2023 following the revamp, featuring Volvo’s signature lounge area, with Scandinavian furniture, free Wi-Fi and Swedish cakes and coffee.
The refurbishment will also extend to the retailer’s cosmetic repair facility and storage centre.
Stoneacre has a strong presence with Volvo, representing the brand in Chesterfield, Grimbsy, Harrogate, Lincoln, Newcastle, Sheffield, Stockton and Sunderland. TheSheffield business was launched in 2020 with £6m investment.
Donnelly Group has donated more than £14,000 to mental health charity Aware NI after a year-long partnership.
Fundraising efforts included a Dragon Boat Race along the River Lagan and a golf day community event with support from local businesses. A total of £14,356.40 was raised, which will go towards helping those struggling with mental health issues across Northern Ireland.
Roisin Donnelly (pictured left), spokesperson for the Donnelly Group Foundation, said: “As a local company that employs people from all across Northern Ireland, we are committed to making a positive impact in the communities in which our staff work and live.
“The group’s high-margin aftersales departments benefited from additional working days in May 2022, which drove revenues above prior levels.
“The group continues to make progress in its parts departments and accident repair centres.
“The market outlook remains unclear due to uncertainty of consumer demand and vehicle supply although new vehicle supply is anticipated to improve gradually in the months ahead.
“The group has had a strong start to the financial year, but it is premature at this stage to indicate any changes to market expectations of the full year trading profits.
“Management remains focused on the delivery of operational excellence around cost, conversion and customer experience.
“In addition, the group continues to evaluate and execute acquisition opportunities as it seeks to deliver its core strategic objective of growth.
Harry Fairbairn to be rebranded as Arnold Clark – Motor Trader
Harry Fairbairn branches are to be rebranded as Arnold Clark following a decision to unite the brand across all franchises. The Arnold Clark Group acquired Harry Fairbairn in 2006, adding BMW and MINI to their franchise portfolio.
Harry Fairbairn was originally a small cycling and motorbike business when it launched in 1952, with its first BMW dealership opening in Irvine in 1971. The newly relaunched MINI franchise joined the business in 2001. Today there are nine BMW/MINI branches across the Arnold Clark Group with locations in Glasgow, Dumfries, Inverness, Irvine and Kirkcaldy.