Stoneacre have taken over Hodgson Motor Group. The multi award winning dealership group represented Toyota, Mazda and Suzuki. Their five showrooms are located in Newcastle and Gateshead and offer an impressive range of new, nearly new and approved used cars for personal or business use.
The groups turnover last year was £76.8m which was a 15% reduction in operating profit from £1.2m to £1.0m.
In July, Hodgson extended its accounting period from 31 December 2019 to 30 June 2020. Its 2018 accounts were belatedly filed in February 2020 after the business received a compulsory strike-off warning.