
Lookers PLC was incorporated in United Kingdom on September 26, 1910. The Company operates as an automotive retailer & distribution company. The Company along with its subsidiaries is engaged in the sale, hire and maintenance of motor vehicles and motorcycles, including the sale of tires, oil, parts and accessories. The Company operates in two segments including motor distribution and parts distribution. The motor division provides sale of new and used cars and aftersales activities. Aftersales represents the servicing, repair and sale of franchised parts to customers' vehicles. The parts division operates in the independent aftermarket sector of the UK motor retail market, where it operates through three operating companies including a national warehouse distributor of quality branded automotive parts, providing aftermarket services for 'dry' braking and a distributor of turbochargers and supplier of related value added services. It supplies automotive parts to the independent automotive aftermarket serving the whole of the UK. The Company competes with the aftersales market comprising similar franchised businesses, supply and fit chains, and a number of small independent garages and bodyshops. Read More