Lookers is buying the Dutton Forshaw chain of 31 dealerships from Lloyds TSB for £60m. Financial Times

Dutton Forshaw, which operates some outlets under the Dovercourt brand, was bought by Lloyds TSB in 2002 for £48.7m.

Lookers will now have a total of 140 outlets, and Dutton Forshaw will strengthen its presence in the south-east and north-west of England, as well as taking it into south Wales.