Car dealership to ºï¸º¡Ê¤¹¤ë¡Ë 250 ¿¦¶Ès and ¤Î¶á¤¯¤Ë 16 ¾ì½ê¡¿°ÌÃÖs just months after ¸ºß taken over by a US ²ñ¼Ò¡¿·ø¤¤

  • US ²ñ¼Ò¡¿·ø¤¤ Lithia ´°Á´¤Ë¤¹¤ëd the ¡ò397 million °ú¤­·Ñ¤®¡¿Çã¼ý of Pendragon in February
  • Are you ±Æ¶Á¤¹¤ë¡¿´¶¾ðd by the CarStore ½ª·ës? Email shannon.mcguigan@mailonline.co.uk

A major car dealership is shuttering 16 »ÙŹs across the UK whilst hundreds of ¿¦¶Ès are »Ï¤á¤ë¡¤·è¤á¤ë to be axed.

CarStore, which was bought from Pendragon by US ²ñ¼Ò¡¿·ø¤¤ Lithia in ºÇ¶á¤Î months, ȯɽ¤¹¤ëd 250 of its ½¾¶È°÷s will be given the boot.

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Whilst 16 ¾ì½ê¡¿°ÌÃÖs will be ¤Î¶á¤¯¤Ëing their doors for the final time, four CarStore »ÙŹs will also be re-franchised, The Sun?Êó¹ð¡Ê¤¹¤ë¡Ë¡¿²±Â¬s.

Seven of CarStore's pods are also »Ï¤á¤ë¡¤·è¤á¤ë to be transformed into Evan Halshaw Direct ¾ì½ê¡¿°ÌÃÖs.?

The US company ȯɽ¤¹¤ëd they would be ¤Î¶á¤¯¤Ëing the Ãߤ¨¤ë¡¿Å¹s to ¾ÇÅÀ¡Ê¤ò¹ç¤ï¤»¤ë¡Ë their À®²Ì¡¿ÅØÎÏs on their two other car dealership brands - Evan Halshaw and Stratstone.

16 CarStore »ÙŹs throughout the UK are »Ï¤á¤ë¡¤·è¤á¤ë to shutter as 250 ¿¦¶Ès are also axed (pictured: a CarStore »ÙŹ)

A ¹­ÊóôÅö¼Ô for Lithia said: '¤Ë°ú¤­Â³¤¤¤Æ the ¼èÆÀ¡¿Çã¼ý and ¸½ºß¿Ê¹ÔÃæ¤Î ¹çÊ», we have carried out an ½é´ü¤Î review across the group.?

'As a result of which, we will be going into ¶¨µÄ with a number of our Ʊνs around ²ÄǽÀ­¤Î¤¢¤ë redundancies.?

'All Ʊνs have been ÄÌÃΤ¹¤ëd today, to explain how they may be ¾×·âd.'?

They continued: 'We will be closi ng nine CarStore ¾ì½ê¡¿°ÌÃÖs and seven CarStore pods this £´È¾´ü/4ʬ¤Î1 ¡¼¤¹¤ë¤¿¤á¤Ë ¾ÇÅÀ¡Ê¤ò¹ç¤ï¤»¤ë¡Ë on Evans Halshaw and Stratstone.?

'Four CarStore ¾ì½ê¡¿°ÌÃÖs will be ÊÝ»ý¤¹¤ëd and re-franchised, ³ÈÂ礹¤ëing our ¾®Çä Áàºî¡¿¼ê½Ñs with three ¸ºß¤¹¤ëing carmakers, while seven remaining CarStore pods will become Evans Halshaw Direct ¾ì½ê¡¿°ÌÃÖs.'?

ÃÏ°è¤Î ÂçÅýÎΡ¤¡¿¼ÒĹ of Lithia UK, Neil Williamson told?¥â¡¼¥¿¡¼ ÃçÇã¿Í:? 'The bringing together of Pendragon and Jardine ¥â¡¼¥¿¡¼s Group under Lithia & Driveway has illustrated the synergies across these two ¹­Âç¤Ê¡¿Â¿¿ô¤Î¡¿½ÅÍ×¤Ê ¾¦Çä¡¿»Å»ös.?

'We are committed to growing in the most efficient way possible as we move through 2024.'

This comes only months after Lithia ´°Á´¤Ë¤¹¤ëd their ¡ò397 million ¼èÆÀ¡¿Çã¼ý of CarStore, Evans Halshaw and Stratstone from Pendragon.

Pendragon were ³µ»»¤Î to °ÊÁ° have around 5,500 in the UK, ¤Ë¤è¤ì¤Ð the Mirror.

Evans Halshow ¼è°ú¡¤¶¨Äês ten car brands, ´Þ¤àing Ford, Hyundai, Kia, Nissan, Peugeot, Renault, Vauxhall, Dacia, DS and Citreon.

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Stratstone »ý¤Ä¡¿¹´Î±¤¹¤ës dealership for BMW, BYD, Ferrari, Genasis, Land Rover, Jaguar, Aston »¤Ê¤¦ing, Mercedez-Benz, ¾®·¿¤Î, Porsche and Smart.?

Lithia - the US company which bought the car dealership »ÙŹs - has 340 dealerships dotted around North America.

The US ²ñ¼Ò¡¿·ø¤¤ is also became the owner of Jardine ¥â¡¼¥¿¡¼s dealership group in 2022.

Swedish ¥â¡¼¥¿¡¼ ²ñ¼Ò¡¿·ø¤¤, Hedin Group, had °ÊÁ° ¿½¤·¹þ¤à¡¿¿½¤·½Ðd to buy Pendragon for ¡ò400 million in September 2022 - but no sale ¡Êµ¡¤Î¡Ë¥«¥à to fruition.

Owner of Hedin Group, Andres Hedin owned over a £´È¾´ü/4ʬ¤Î1 of Pendragon ³ô but ºï¸º¡Ê¤¹¤ë¡Ë ´Ø·¸ with the ¾¦Çä¡¿»Å»ö a month ¤Ë°ú¤­Â³¤¤¤Æ their ¶¦Æ± with Lithia, ¤Ë¤è¤ì¤Ð The Sun.

US ²ñ¼Ò¡¿·ø¤¤ PAG International also ³Îǧ¤¹¤ëd they had ¸·¤·¤¤d ´Ø·¸ with Pendragon ¤Ë°ú¤­Â³¤¤¤Æ the Lithia °ú¤­·Ñ¤®¡¿Çã¼ý.?

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