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Kwik Fit is a car servicing and repair company in the United Kingdom. As of January 2025, there are over six hundred Kwik Fit locations in the United Kingdom. [ 1 ] Kwik Fit also has locations in continental Europe.
Stoneacre offers new and used car sales, as well as many aftersales services such as car servicing and MOTs. In the year to April 2019, Stoneacre had registered a turnover of £982m on its way to a targeted turnover of over £1 billion come 2020, while pre-tax profits rose to £17m (a 25 per cent increase year over year).
In August 2002, he was hired as CEO of Kwik-Fit, after CVC Capital Partners acquired the company from Ford. [19] [20] He undertook a major restructuring of the business, including cutting 3,000 jobs. [21] During his tenure as CEO, profits increased by 250%. [18]
The company was founded by Arnold Clark, who opened his first showroom in 1954 in Park Road in Glasgow.In 1963, Arnold Clark Finance was launched. [3] In the 1960s the company began rental vehicles and in 1968 took over Grant, Melrose and Tennant giving the company an accident repair centre.
Kwik Fit, a car service and repair business [16] Park Holidays UK, formerly Cinque Ports, a caravan parks business [17] The Groucho Club, a Bohemian London club for people from the publishing, media, entertainment and arts industries [18] [19] Micheldever Group, the UK's second largest distributor of tyres [20]
Quick Lane was launched as a pilot program in 1997 by Ford Motor Company. 80 shops were opened in 2003, boosting locations to 279. [2] In August 2014, Ford and the Detroit Lions announced that Quick Lane would become title sponsor of the Quick Lane Bowl, succeeding the Little Caesars Pizza Bowl as the annual bowl game based in Detroit. [4]
In March 2010 Smith US made a £37m conditional offer, equating to 50p per Tanfield share, plus a "free" share in Smith US if it subsequently undergoes an IPO and joins the stock market in the near future. [6] In the USA, Tanfield started in 2019 a legal battle with Xtreme Manufacturing LLC over the ownership of Snorkel. [7]
The Institute of the Motor Industry is an international professional body for people working in the motor industry, providing retail industry information, standards and qualifications.