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The company started trading by acquiring Stoneacre in 1994, a used car dealership based in Scunthorpe that had gone bankrupt. [1] 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 ...
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The Lexus brand was created around the same time as Japanese rivals Nissan and Honda developed their Infiniti and Acura premium brands. The Japanese government imposed voluntary export restraints for the U.S. market, so it was more profitable for Japanese automakers to export more expensive cars to the U.S.
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The Durham Morning Herald began publication in 1893, as a result of the reorganization of The Durham Globe from a daily to a weekly paper. Four former employees of the downsized Globe, itself an outgrowth of the merger of Durham's first daily, The Tobacco Plant and The Durham Daily Recorder, organized a competitor newspaper, The Globe Herald, which would soon be renamed The Morning Herald.