Thursday, January 10, 2008
Inchape axes Vauxhall
Inchcape has sold its five UK Vauxhall retail outlets to new dealer group Eden (GM) for £14.3m.
The acquisition is the first by Eden, which is a joint venture with Eden Automotive Investments and the Motors Holding division of Vauxhall Motors.
The Eden Group is owned by Graeme Potts, who was Inchcape UK and Europe managing director until late 2006.
DATED: 10.01.08
FEED: MT
