Lookers targets 20 new sites in 2023
Automotive retail giant Lookers is aiming to open 20 of its cosmetic repair facilities in 2023.
By the end of 2022, the group had established 29 fixed repair facilities alongside 20 mobile repair vans. Lookers is also aiming to launch a further ten of these vans in 2023.
It also expects its first, new standalone multi-franchise used-vehicle site to be operational later this year.
The Altrincham-headquartered Lookers operates a number of used car dealerships and repair centres across the UK.
In its preliminary results for 2022, the group said it had made “significant progress and momentum’ across all of its strategic priorities.
Despite a fall in yearly profits from £90.1m to £82.7m, the group’s chief executive Mark Raban hailed an “excellent performance”.
He added: “We have strong momentum in the execution of our strategic priorities. Our operational optimisation agenda remains the cornerstone of our strategy and we have made demonstrable progress on our self-help initiatives. In addition, I am particularly pleased to see the expansion of our offerings through partnerships with a number of exciting new brands and the addition of incremental revenue streams including cosmetic repairs.”