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Marshall Motor Holdings Plc has today announced its acquisition of the business and assets of Leeds Volvo from Harratts Group Limited.
The addition of Leeds Volvo was completed in full consultation and with the support of Volvo Car UK and further strengthens the Group’s position as the largest franchise partner of Volvo Car UK by number of sites. The Group now represents Volvo in nine locations in the UK: Bishop’s Stortford, Cambridge, Grantham, Leeds, Melton Mowbray, Milton Keynes, Nottingham, Peterborough and Welwyn Garden City.
Jon Wakefield, Managing Director of Volvo Car UK, said:
“The transformation of the Volvo brand and product range has contributed to four years of consecutive sales growth in the UK, a trend that we fully expect to continue as we replace our top-selling XC60 model this year. Marshall is a key franchise partner to Volvo Car UK, operating in nine locations nationwide, including Cambridge, our 2016 Dealer of the Year. We are pleased to have supported Marshall’s acquisition of Leeds Volvo and look forward to supporting their plans to upgrade the site to meet our new Volvo Retail Experience standards and further develop our representation in the area.”
Daksh Gupta, Chief Executive of Marshall Motor Holdings Plc, said:
“We are pleased to announce the addition of Leeds to our Volvo division, in line with our strategy of growth with existing brand partners in new geographic territories. We are excited to extend our relationship with Volvo and I am also delighted to welcome all employees of Leeds Volvo to Marshall.”
Marshall Motor Group Limited is authorised and regulated by the Financial Conduct Authority. Our Firm Reference Number is 310503. Details of our permissions and trading names can be checked via the FCA register https://register.fca.org.uk/s/
All of the following companies are individually authorised and regulated by the Financial Conduct Authority with a Limited Permission for credit broking. Each company is a credit broker not a lender: Marshall North West Limited; Marshall of Ipswich Limited; Marshall of Peterborough Limited; Marshall of Scunthorpe Limited; and Silver Street Automotive Limited. All of the following companies are Appointed Representatives of Marshall Motor Group Limited for credit broking: Pentagon Limited; Ridgeway Garages (Newbury) Limited and S G Smith (Motors) Beckenham Limited.
We will receive a commission or other financial benefit from our lenders for arranging finance for you. For further information on our commission arrangements please see our Finance Commission Disclosure Statement
Marshall Motor Group Limited is authorised and regulated by the Financial Conduct Authority to conduct insurance distribution as an ancillary insurance intermediary. All of the following companies are Appointed Representatives of Marshall Motor Group Limited for the purposes of insurance distribution: Marshall North West Limited; Marshall of Ipswich Limited; Marshall of Peterborough Limited; Marshall of Scunthorpe Limited; Pentagon Limited; Ridgeway Garages (Newbury) Limited; S G Smith (Motors) Beckenham Limited; and Silver Street Automotive Limited.
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