Friday, July 03, 2009
Marshall takes on Hyundai in Cambridge
The company has been on the acquisition trail since the beginning of the year.
Last month Marshall took on the Kia franchise in Ipswich and bought Ipswich Jaguar from Lookers. The company already represented Jaguar in Cambridge and Peterborough and the addition of Ipswich gave the group the largest contiguous territory for Jaguar in the UK.
De Vries purchase
In February Marshall bought three DeVries Honda dealerships.
Commenting on the Hyundai move, chief executive, Daksh Gupta said:
"As part of our stated plan to grow our business nationally, we are keen to expand our portfolio of franchises.
Great service
"We continue to evaluate many interesting and scalable opportunities where our values and approach to the business will deliver great service to our customers and reward our shareholders and brand partners in the process."
Tony Whitehorn, managing director of Hyundai in the UK, said: "We are delighted to be partnering with Marshalls in Cambridge whose number one focus is the same as ours - customer satisfaction. The people of Cambridge are 'in for a real treat' with the Marshalls and Hyundai partnership."
DATED: 03.07.09
FEED: MT
