Does Sytner own Audi?
The group holds dealerships located in England, Scotland, Wales and Northern Ireland and specialises in premium and specialist franchises from Audi to Porsche. The group is wholly owned by the United States–based Penske Automotive Group, a NYSE listed part owned division of Penske Corporation. Penske Automotive Group – the US car dealer outfit that owns Sytner and latterly Rybrook in the UK – saw its revenue rise but profit drop last year.
Who is the owner of Audi?
A renowned german auto manufacturer, audi has earned its place among top luxury automakers in the world, but who owns audi? Audi is a subsidiary of the volkswagen group. A wholly owned subsidiary of the volkswagen group, audi produces vehicles in nine production facilities worldwide.On 30 May 2000, after having gradually raised its equity share, Volkswagen AG took over the full ownership of Škoda Auto, making the company a wholly owned subsidiary.Porsche AG (the full title of the Porsche company in charge of vehicle manufacture). However, the controlling stake in Volkswagen Group AG itself (31. Porsche SE. Porsche SE is controlled by the Porsche-Piëch family.So, from that standpoint, Volkswagen AG is the company who owns Porsche. However, Porsche also owns a majority share in Volkswagen AG. The result is that two great automakers get to continue a partnership that was started decades ago.
Who is the CEO of Sytner Audi?
In January 2025, John Cragg took on the role of CEO of Sytner Group. 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.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.
Is Porsche part of Sytner?
Porsche Centre Glasgow is a trading name of Sytner Cars Limited. Sytner Cars Limited is registered in England under company registration number 2832086. Sytner Cars Limited is authorised and regulated by the Financial Conduct Authority (‘FCA’) for consumer credit activities under FCA Firm Reference Number 688851. The Sytner Group Ltd is a car dealership company headquartered in Leicester, United Kingdom. The group holds dealerships located in England, Scotland, Wales and Northern Ireland and specialises in premium and specialist franchises from Audi to Porsche.Previous Vehicle Use For further details, please contact your dealership. It is possible for Sytner Group Limited vehicles to be transferred to a dealership near you, upon agreement by the stocking dealership and subject to possible transportation costs to be paid by the customer.The group floated on the London Stock Exchange in 1997, as the Sytner Group PLC. In 1998 the group acquired the family-run Thames Ditton–based Land Rover and Jaguar Cars business of Guy Salmon, which then became the name of all Sytner-owned Land Rover and Jaguar franchises.
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. In January 2025, John Cragg took on the role of CEO of Sytner Group.