Automotive Financial Group
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Automotive Financial Group
Automotive Financial Group (normally styled as AFG) was a British company specialising in automotive retailing and the sale of associated products and services. The company was founded by the Austro-Hungarian businessman Octav Botnar in 1985 as an extension of his successful Nissan import and distribution company, Nissan UK. History and background Botnar had successfully built up his successful business since 1970, importing and marketing Datsun and Nissan cars in the United Kingdom. By 1980, the firm had achieved an overall market share of 6% and the UK was the only export market where Nissan outsold its arch rival Toyota. Botnar achieved this by appointing a network of small, family owned dealers (many of whom were former franchisees of the British Motor Corporation and British Leyland) to sell Datsun and by placing an emphasis on customer service. However, by the 1980s it had become clear that many of these businesses were too small to handle the vast amount of extra used s ...
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Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ...
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David And Frederick Barclay
Sir David Rowat Barclay (27 October 1934 – 10 January 2021) and Sir Frederick Hugh Barclay (born 27 October 1934), commonly referred to as the "Barclay Brothers" or "Barclay Twins", were British billionaires. They were identical twin brothers and, up until the death of David in 2021, had joint business interests primarily in media, retail and property. ''The Sunday Times'' Rich List of 2020 estimated their wealth at £7 billion. They earned a reputation for avoiding publicity and have often been described as reclusive. David's son, Aidan, manages their UK businesses. Their businesses have been accused of tax avoidance, by placing assets under ownership of companies registered abroad and controlled through trusts. Their Press Holdings company owns ''Apollo'' and ''The Spectator'' magazines and, through a wholly owned subsidiary (Press Acquisitions Limited), they also own Telegraph Group Limited, parent company of ''The Daily Telegraph'' and ''The Sunday Telegraph''. In ...
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Companies Based In East Sussex
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artific ...
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Auto Dealerships Of The United Kingdom
Auto may refer to: * An automaton * An automobile * An autonomous car * An automatic transmission * An auto rickshaw * Short for automatic * Auto (art), a form of Portuguese dramatic play * ''Auto'' (film), 2007 Tamil comedy film * Auto (play), a subgenre of dramatic literature * Auto (magazine), an Italian magazine and one of the organizers of the European Car of the Year award * A keyword in the C programming language used to declare automatic variable __NOTOC__ In computer programming, an automatic variable is a local variable which is allocated and deallocated automatically when program flow enters and leaves the variable's scope. The scope is the lexical context, particularly the function or b ...s * A keyword in C++11 used for type inference * Auto (Mega Man), a character from ''Mega Man'' series of games * Auto, West Virginia * Auto, American Samoa * AUTO, a fictional robot in the 2008 film '' WALL-E'' See also * Otto {{Disambiguation ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Arnold Clark Automobiles
Arnold Clark is a car dealer based in Glasgow, Scotland. , the company has 193 dealerships across the United Kingdom. History The company was founded by Arnold Clark, who opened his first showroom in 1954 in Park Road in Glasgow. In 1963, Arnold Clark Finance was launched. In the 1960s the company began rental vehicles and in 1968 took over Grant, Melrose and Tennant giving the company an accident repair centre. Clark took over other motor businesses such as the Glasgow dealership McHarg, Rennie and Lindsay. Clark's biggest branch was gained through the takeover of Ross of Lochrin in Edinburgh. By 1989, there were twenty two Arnold Clark branches across Central Scotland and one in England. The rental part of the business now had 1400 rental cars and 350 light commercial vehicles. The company also had vehicle contract hire operations in Liverpool and Sheffield. In December 1989, he gained a further 13 dealerships in the North East of Scotland, with the purchase of ''Ron Hutcheso ...
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United Co-operatives
United Co-operatives Limited, or simply ''United Co-op'', is a now defunct regional consumer co-operative in the United Kingdom, until its merger with the Co-operative Group in 2007. The society operated across Yorkshire, the North West and North Midlands of United Kingdom. In September 2002, it came about from the merger of United NorWest and Yorkshire Co-operative Society. United Norwest, in turn, arose from a merger in 1991 between an earlier United Co-operative and the Norwest Pioneers, which had the Rochdale Pioneers as a direct predecessor. Rochdale Pioneers was the prototypical consumer co-operative, formed in 1844. The original United Co-operative was founded in 1983 from a merger of the Greater Lancastria Society and several other societies. The Greater Lancastria itself formed in 1973 after a series of mergers of many societies in the north west of England. The key businesses of the Society were food retailing, travel retail, car dealerships (Sunwin Motor Gro ...
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North-west England
North West England is one of nine official regions of England and consists of the administrative counties of Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside. The North West had a population of 7,052,000 in 2011. It is the third-most-populated region in the United Kingdom, after the South East and Greater London. The largest settlements are Manchester and Liverpool. Subdivisions The official region consists of the following subdivisions: After abolition of the Greater Manchester and Merseyside County Councils in 1986, power was transferred to the metropolitan boroughs, making them equivalent to unitary authorities. In April 2011, Greater Manchester gained a top-tier administrative body in the form of the Greater Manchester Combined Authority, which means the 10 Greater Manchester boroughs are once again second-tier authorities. Geography North West England is bounded to the east by the Pennines and to the west by the Irish Sea. The region exten ...
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Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ...
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Peugeot
Peugeot (, , ) is a French brand of automobiles owned by Stellantis. The family business that preceded the current Peugeot companies was founded in 1810, with a steel foundry that soon started making hand tools and kitchen equipment, and then bicycles. On 20 November 1858, Émile Peugeot applied for the lion trademark. Armand Peugeot (1849–1915) built the company's first car steam tricycle, in collaboration with Léon Serpollet in 1889; this was followed in 1890 by an internal combustion car with a Panhard- Daimler engine. The Peugeot company and family are originally from Sochaux. Peugeot retains a large manufacturing plant and Peugeot museum there. In February 2014, the shareholders agreed to a recapitalisation plan for the PSA Group, in which Dongfeng Motors and the French government each bought a 14% stake in the company. Peugeot has received many international awards for its vehicles, including six European Car of the Year awards. Peugeot has been involved suc ...
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Citroën
Citroën () is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded in March 1919 by André Citroën. Citroën is owned by Stellantis since 2021 and previously was part of the PSA Group after Peugeot acquired 89.95% share in 1976. Citroën's head office is located in the Stellantis Poissy Plant in Saint-Ouen-sur-Seine since 2021 (previously in Rueil-Malmaison) and its offices studies and research in Vélizy-Villacoublay, Poissy (CEMR), Carrières-sous-Poissy and Sochaux-Montbéliard. In 1934, the firm established its reputation for innovative technology with the Citroën Traction Avant, Traction Avant. This was the world's first car to be mass-produced with front-wheel drive, four-wheel independent suspension, as well as unibody construction, omitting a separate chassis, and instead using the body of the car itself as its main load-bearing structure. In 1954, they produced the world's first hydropneumatic self-levelling suspension system then, ...
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Alfa Romeo
Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." "Anonima" means "anonymous", which was a legal form of company at the time ( Società anonima). In the initial set-up phase, in order to have a building to produce cars, the company bought the Portello factory building of Darracq in Milan, which was closing up and selling all its assets. The brand is known for sport-oriented vehicles and has been involved in car racing since 1911. Alfa Romeo was owned by Fiat Chrysler Automobiles, the company that was responsible for the production of Alfa Romeo cars until its operations were fully merged with those of the PSA Group to form Stellantis on 16 January 2021. The first car produced by the company was the 1910 24 HP, designed by Giuseppe Merosi. A.L.F.A. ventured into motor racing, with driv ...
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