Vertu Motors expands into Yorkshire
Motor Nation site will open in Doncaster

Vertu Motors, the UK's tenth largest dealer group, has expanded its used car business into Yorkshire.

The group has acquired a site in Doncaster, which will operate under the Motor Nation name, and is eyeing up further acquisitions to help grow its used car division.

Motor Nation already operates sites in Birmingham, Coventry and Widnes.

Vertu said the expansion was in line with its strategy to expand its existing brands and develop strong used car operations.

“I am pleased we have delivered on our strategy to expand our Motor Nation brand
into this new geography for Vertu Motors,” said group chief executive Robert Forrester.

“The outlet has significant potential and is the Group's first entry into Yorkshire. It is our intention to continue to identify additional sites with which to expand Bristol Street Motor Nation.”

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Comments
Brian McLean says:
Vertu has shown spectacular growth in the past 12 months going from zero to 10th largest dealer group in the U.K with T/O in excess of 700m. Given the outlook this year for commercial property values,motor sector share prices and funding, not to menetion difficult trading conditions, Vertu's management will certainly need to use all its skill in the coming months to prosper.
25 Jan 2008 16:26:52

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