£32m car salesman revs up through his Stoneacre Motor Group

£32m car salesman revs up through his Stoneacre Motor Group By Francesca Washtell Updated: 21:50, 6 January 2024 e-mail View comments A motor mechanic who rose to become one of the richest car salesmen in the UK made another £32 million last year through his Stoneacre Motor Group. Richard Teatum, 66, set up the firm in 1994 and built it into one of the UK's biggest motor dealers. He is the sole owner of the company, which posted profits of £32 million in the year to April 30, according to filings on Companies House. This is significantly less than the £43 million it made the previous year when the firm benefited from an unusual…