Bronte Howson

A $19.9 million write-down at Automotive Holdings Group’s Queensland operations has soured an otherwise strong result, with the automotive retailer booking a net profit of $31.2 million for the year to June 30.Revenue was up 3 per cent for the group, to $3.3 billion.

Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.

Automotive Holdings Group ramped up its push into Victoria, acquiring all but one of Jeff Wignall Group’s 10 car dealerships for $14 million.

Automotive Holdings Group has announced a partnership with Australasian Property Investments to launch a $66 million unlisted property trust.The trust involves five car dealer sites located in Perth and Sydney, AHG managing director Bronte Howson said.

Car dealer network Automotive Holdings Group is increasing its presence in Victoria, snapping up two Toyota dealerships in Melbourne’s northern suburbs for $20 million.

Car dealer network Automotive Holdings Group has added Mazda to its stable of WA dealerships, with the acquisition of Jason Mazda in Osborne Park for $13 million.

Perth-based car dealer network Automotive Holdings Group has taken its franchise count to 150 with the acquisition of a New Zealand Holden dealership and approval to create a new Nissan dealer at the same site.

Automotive Holdings Group managing director Bronte Howson has sold two million shares in the company, raising a total of $7.76 million.The sale was made in on-market trade last Friday and an Appendix 3Y lodged with the ASX this afternoon.

Automotive Holdings Group has agreed to become the major sponsor of the Melbourne Football Club in a three-year deal.Australia's largest selling automotive retailer will replace General Motors' Opel sponsor deal, with the European car brand closing down its Australian operations.

FEATURE: It has been a difficult year for many of WA’s listed entities, but investors are backing the performance of most of the state’s top executives.

East Perth Football Club has appointed David Christison and Martin Mileham to its board as directors. Mr Christison is group executive of corporate communications at Automotive Holdings Group.

Automotive Holdings Group has announced plans to purchase a refrigerated logistics business and an automotive dealership group at a combined cost of $184 million.

Former Toll Group executive Paul Ebsworth has been appointed chief operating officer of the Perth-grown auto retailer and logistics firm Automotive Holdings Group.

The nation’s biggest car dealer network, Perth-based Automotive Holdings Group, has shrugged off slowing automotive sales to lodge a record net profit result of $78.5 million.

Automotive Holdings Group has walked away from a potential sale of its Covs Parts business to Burson Group, which hoped to use the 25 stores as an entry into the WA market.

The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.

Australia’s biggest car dealer network, Perth-based Automotive Holdings Group, has lifted half-year profit by 17.4 per cent to $45 million, and expects a further boost from low interest rates and fuel prices.

Automotive Holdings Group has splashed $5 million on an acquisition of the Paceway Mitsubishi dealership in Osborne Park and another dealership in Brisbane.

Perth-based Automotive Holdings Group will build its 100th dealership after being granted a franchise to establish a new Mazda car yard in Brisbane.

Automotive Holdings Group has bought all three Mercedes-Benz dealerships in Perth from Western Pacific Automotive for a combined $58 million.

Automotive Holdings Group had employed a consistent approach to buying and integrating dealerships over many years, long-serving director and head of business development Hamish Williams told Business News after his recent retirement.

Automotive Holdings Group has announced an agreement to sell its Covs Parts business to GPC Asia Pacific for between $43 million and $45 million.

Automotive Holdings Group has entered discussions for a $77.5 million sale and lease-back of an existing dealership and two development properties on the east coast, the second deal of this type in three years.

Perth-based vehicle retailer Automotive Holdings Group has sold three of its east coast properties to trusts managed by Charter Hall, for $50.5 million.

Perth-based vehicle retailer Automotive Holdings Group has announced plans to acquire distribution rights for Higer buses in Australia off the current distributor, which is in administration.

The competition watchdog has raised concerns regarding Automotive Holdings Group’s $43 million sale of its Covs Parts business to GPC Asia Pacific, which already operates the Repco chain.

Innovation isn’t just a buzzword drummed up by the new regime in Canberra.

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state’s best chief executives are unexpectedly low down.

Perth-based Automotive Holdings Group has appointed former Qantas senior executive Stephen Cleary chief executive of the company’s logistics business.

Automotive Holdings Group has won regulatory approval for the sale of its Covs Parts business after agreeing to retain four regional stores, and has also expanded its east coast operations through another acquisition in Melbourne.

Automotive Holdings Group has posted a solid half-year result with profit and revenue up, driven mostly by the company’s retail business but offset by its logistics divisions.

Car retailer Automotive Holdings Group has increased its east coast franchise portfolio with the purchase of a Mazda dealership in Melbourne.

Prominent corporate adviser John Poynton, former mining executive Bill Turner, and Supreme Court judge Carmel McLure are among the Western Australian luminaries to receive honours as part of this year’s Queen’s Birthday awards.

Automotive Holdings Group has announced an unusual 12-month leadership transition under which current managing director, Bronte Howson, will become special counsel, while also getting a special cash payout and potentially early vesting of long-term performance rights.

Automotive Holdings Group has announced plans to raise up to $110 million from investors and purchase two car yards on the east coast, on the same day it revealed an increase in full-year profit.

Automotive Holdings Group has reassured shareholders that its troubled refrigerated logistics business is on the mend, after releasing a trading update that showed lower profits.

A modular car park construction company chaired by former Automotive Holdings Group boss Bronte Howson has announced plans to raise $6 million from investors and list on the ASX.

Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.