Who is the CEO of Sytner Group?
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. He will be replaced by John Cragg, who is relocating from the US to Britain.
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. 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 Group continued its growth in 2017 with acquisition of Trainer BMW and MINI in Swansea. Celebrating 40 years of business in 2016, all 100 Trainer staff members transferred to Sytner Group within the move. The acquisition saw Sytner Group’s total count of BMW and MINI dealerships rise to 17 for each brand.
Who is Sytner owned by?
Under the ownership of Penske Automotive Group, Sytner Group has continued to flourish, becoming the UK’s largest and most successful car dealership group. Today, we operate state-of-the-art dealerships across the UK and have expanded into key European markets, including Italy, Germany, and Spain. The Sytner Select used car range is a collection of vehicles carefully hand-picked from around the Sytner Group.With over 150 Sytner dealerships spread across the country, finding your nearest location is effortless. Each showroom offers a welcoming ambiance, inviting you to explore a captivating range of exceptional vehicles.