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OUR LATEST ISSUE Car Dealer Issue 40
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Motors
Douglas Stafford
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Bristol Street showroom

BRISTOL Street Motors has re-launched a former motor retail site in County Durham as a Hyundai dealership. The dealer group – part of Vertu Motors – has made a substantial investment of £1.5m in its new dealership based at Peterlee in County Durham, after acquiring the former Paul Cummings specialist car site. The site became [...]

Hyundai’s new dealership

HYUNDAI Motors UK has appointed a new dealer in Nottingham, it has been announced. The new dealership will serve the Nottingham area and will be largest  solus Hyundai showroom in the UK, with 440 square metres and have the capacity to accommodate approximately 12 vehicles. The site will also be able to display more than [...]

Durham Vauxhall opens

BRISTOL Street Motors has announced it has opened a brand new Vauxhall dealership in Durham. The dealership – Durham Vauxhall – is part of Vertu Motors PLC, and has the full Vauxhall range on offer and has a ‘comprehensive’ stock of Network Q cars. Vertu’s chief executive Robert Forrester, said: ‘We are excited by the [...]

Vertu buys SEAT Derby

VERTU Motors has exchanged contracts to take on SEAT’s Derby car dealer through a trade and assets purchase. The leasehold car dealer is being bought from GK Group Ltd, for a sum not exceeding £750k. This consideration mainly represents vehicle stock, and the deal is expected to be complete by 2 August. It will complement [...]

Renault Darlington Vertu

RENAULT Darlington has been bought for £700k by Vertu and is to be renamed Bristol Street Darlington. The deal for the franchise takes over from a brief 5 months where it traded as David Penman Cars. Robert Forrester, CEO of Vertu Motors said the deal ‘strengthens the regional presence of the Bristol Street Motors brand. [...]


Vertu Lichfield Vauxhall  

Vertu Lichfield Vauxhall
 

VERTU Motors plc has consolidated its 9th-largest UK car retailer position with another big acquisition. It has bought the trade and assets of Lichfield Vauxhall from Steve Thompson Cars Ltd. It is a £2.8 million deal, which includes the purchase of a freehold property for £1.675 million. This takes Vertu’s UK car dealer total up [...]
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Vertu 1st SAF-Approved  

Vertu 1st SAF-Approved
 

VERTU Motors has become the first UK car dealer chain to win Approved status from the FLA’s new SAF scheme. More than 370 staff at the firm’s Bristol Street Motors have passed the Specialist Automotive Finance test. And Vertu Motors is thrilled with the result. Firm director Peter Stewart said ‘we believe this will benefit [...]
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