Mercedes franchised dealers will switch to an agency agreement in 2023 in the UK. Board member, Britta Seeger, made the announcemet, after an agreement was reached with Mercedes’ European dealer council. “Our concern is that we achieve even stronger customer loyalty to our Mercedes-Benz brand worldwide. Together with the European dealer association, we have reached […]
Read More →Marshall Motor Group have opened their new multi-million pound Toyota and Lexus dealership in Bristol. The new franchised dealership is in a prominent location on Hayes Way, close to The Mall Cribbs Causeway, Bristol. Toyota Bristol (Cribbs) and Lexus Bristol is packed with technology and the contemporary centre design heralds a new age of customer […]
Read More →Aramis Group, the European multi-brand retailer (including, as of earlier this year, CarSupermarket and Motordepot in the UK) which is majority owned by Stellantis, has announced 53% growth in revenues to £1bn. The acquisition of CarSupermarket was cited as the driver of the growth. However, it recorded a £8.2m pre-tax operating loss for the year […]
Read More →One week after being made aware of a takeover bid by BCA owner Constellation, Marshall Motor Holdings board has recommended the 400p a share offer. The offer, which if successful will see Marshall become a private company, is conditional on Constellation’s acquisition vehicle ‘Bidco’ receiving more than 50% of Marshall Motor Holdings’ voting rights and gaining […]
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