Who owns Sytner cars?
Under the ownership of Penske Automotive Group, Sytner Group has continued to flourish, becoming the UK’s largest and most successful car dealership group. In 2002 Sytner Group was purchased by Penske Automotive Group (formerly UAG); a major player in the American retail motor industry.Under the ownership of Penske Automotive Group, Sytner Group has continued to flourish, becoming the UK’s largest and most successful car dealership group.Sytner Group’s top competitors include Minstergate, Marshall Motor Group, and Vauxhall. Minstergate specializes as a car dealership and servicing specialist.The group was delisted from the London Stock Exchange, while the majority of the Sytner management team remained unchanged. The group expanded further into South Wales with the purchase of family owned Mercedes dealerships, together with two from rival Pendragon Group in Bedford and Northampton.
Who is the CEO of Sytner?
Sytner CEO Darren Edwards is to retire, effective January 1, 2025. Edwards has worked in motor sector for 40 years working in the automotive industry, culminating in a 20-year career with Sytner Group, the past 10 years as CEO. He will be replaced by John Cragg, who is relocating from the US to Britain. Sytner CEO Darren Edwards is to retire, effective January 1, 2025.Penske also announced Edwards’ successor John Cragg who will be relocating to the UK to serve as the new CEO of Sytner Group. Cragg’s career with Sytner spans 18 years, beginning as a sales executive in 1994.