Tag Archives: Constellation

Marshall Motor is pushing ahead with the closure of two Volkswagen and four Peugeot dealerships. The dealer group which is owned by Constellation Automotive Group is not commenting on the closures. The Volkswagen dealerships set for closure are in Horsham and Aylesbury. In holding statement Volkswagen said:  “We, along with the whole motor industry, are moving through a period of ...

Marshall Motor group commercial director Adrian Wallington has left the company to follow his ex-boss Daksh Gupta outside the motor sector. Wallington has joined building merchant Huws Gray after almost four years with Marshall Motor, joining Daksh Gupta who took on the CEO slot there after Marshall was acquired by Constellation in 2022. Wallington had a wealth of experience in ...

The Motor Trader Top 200 Franchised Dealer Groups for 2024 features in the July August print edition of Motor Trader. It shows a sector experiencing huge interest in dealer groups from foreign investors, ongoing consolidation and a market building momentum after contraction in the pandemic. At the top of the listing there has been big change in ownership. Pendragon was ...

Marshall Motors is to open a new Volvo dealership in Nottingham in early 2015. Marshall Volvo Nottingham, at Riverside Retail Park on Electric Avenue, will feature Volvo’s signature lounge area and new CI. The dealership will also feature six electric charging points for Volvo’s growing range of electric vehicles. Matthew Mills, head of business at Marshall Volvo Nottingham, said: “We ...

Marshall Motor Group has acquired two Honda dealerships from Greenacre. Marshall Motor Group now represents Honda in eight locations in the UK: Blackburn, Clitheroe, Harrogate, Hull, Leicester, Peterborough, Reading and York. Carole Merry, franchise director, of Marshall Motor Group, said: “We are delighted to welcome the Honda retailers in Blackburn and Clitheroe to Marshall, expanding our commitment to the Honda ...

The takeover by Lookers by Group Auto Holdings looks set to go ahead following a decision by its biggest shareholder to agree to a 130p per share purchase price. In June Canadian dealer group Alpha Auto Group, a sister company of Group Auto Holdings, tabled a 120p per share offer for the group valuing it at £465m. The deal was ...

As expected the deal was finalised last week for the acquisition of UK based dealer group Jardine Motors by Lithia of the US. It is anticipated that the coming months will see more activity by Lithia as they seek to expand their UK footprint from the upper premium focus that Jardine currently has. Although not published, it appears that the ...

Listed dealers in the UK are set to become likely takeover targets following the acquisition of Jardine by Lithia Motors this week. Head of research at Zeus Capital Mike Allen said that UK dealers group publicly listed on the Stock Exchange were looking good value for overseas companies looking to expand their business. The Lithia Jardine deal was reported by ...

As we look to the year ahead in motor retailing, we can see there are a lot of issues to be sorted, people to be placed, and companies under the spotlight in a tougher market. One question hangs over Pendragon and the future for Pinewood, its software business. Swedish dealer group Hedin had tabled a bid for Pendragon, which responded ...

Daksh Gupta, CEO of Marshall Motor Group has stepped down from his role with the company with immediate effect. The move was made public in a terse two line statement via the London Stock Exchange this morning. The statement read: “Marshall Motor Holdings Plc announces that Daksh Gupta, Group Chief Executive Officer, has today agreed with the Board to step ...