Who is Sytner owned by?
In 2002 Sytner Group was purchased by Penske Automotive Group (formerly UAG); a major player in the American retail motor industry. The Detroit-based UnitedAuto Group has agreed to pay $135 million in cash and assume $20 million in debt for Sytner Group, a chain of about 48 dealerships based in Leicester, England. Founded by retired British racing champion Frank Sytner, the publicly traded company has annual sales of about $850 million.Sytner Car Dealerships. Experience the pinnacle of luxury and performance cars in the United Kingdom with Sytner. As the premier destination for automotive enthusiasts, we have a vast network of over 150 dealerships specialising in the most prestigious car manufacturers.
What is the turnover of Sytner Group?
Sytner, the UK’s largest dealer group, took a hit in 2024 in what it described as an “eventful” year with profits down 54. Sytner tops the report once again with annual turnover of £6. It was followed by Arnold Clark in second place, which delivered turnover of £4. In third slot was the recently acquired Lookers with turnover of £4.