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.
Navitas managing director Rod Jones has described the company's latest profit report as a good, solid set of results, despite being adversely affected by the closure of two colleges.
Big private car retailer DVG Automotive Group has released its results for the 2015 financial year, showing a tightening economy had not significantly hit its sales ahead of the sale of a majority stake to Japanese interests.
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.
A newly-established trust managed by Charter Hall has purchased four properties leased by Perth-based Automotive Holdings Group in a deal worth $82 million.
SPECIAL REPORT: The number of women serving on company boards is slowly one the rise, but it's still rare to see a female take the chair, judging by Business News's analysis of Western Australian company directors.
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.
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.
SPECIAL REPORT: One of the few positives in a tough year for business was the gold sector, and at the forefront was Northern Star Resources, under the leadership of Bill Beament.
The consumer watchdog has decided not to approve GPC Asia Pacific's proposed $43 million acquisition of Automotive Holdings Group's Covs Parts business on the grounds that it would substantially lessen competition.
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.
Wellard managing director Mauro Balzarini is planning to sell a 60 per cent stake in the livestock export business through an initial public offering (IPO) that will be one of Western Australia's largest.
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.
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.
A series of major trade sales and the prospect of one of WA's biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.
Former iiNet boss Michael Smith has replaced Russell Withers as chairman of convenience store chain 7-Eleven, while chief executive Warren Wilmot has resigned following revelations the company's franchisees had been underpaying their workers.
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.
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.
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.
With apprenticeship completion rates below 30 per cent in some industries, the business sector is continuing to push for reforms to vocational education and training.
Automotive Holdings Group has splashed $5 million on an acquisition of the Paceway Mitsubishi dealership in Osborne Park and another dealership in Brisbane.
The University of Western Australia has appointed John Barrington as the chair of the Perth International Arts Festival, following the retirement of Margaret Seares who served in the role since 2012.
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.
Recently crowned Big Bash League champions, Perth Scorchers, have secured nearly three times the sponsorship dollars this year compared with last year on the back of two tournament wins in successive seasons.
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.
Sandalwood producer TFS Corporation has appointed Automotive Holdings Group non-executive director John Groppoli to the board as an independent non-executive director.
