Peter Vardy has celebrated a five-star begin to gross sales from the most recent addition to its Carz used automotive retail division – the previous Cazoo handover centre at Grangemouth.
The AM100 automotive retail group took its Carz footprint to eight areas with the opening of the power off Glensburgh Street earlier this month and chief govt Peter Vardy took to LinkedIn this week to rejoice the shut of a “nice first month” of buying and selling.
Vardy mentioned: “Earlier this month we opened the doorways to our new Carz Grangemouth dealership, and what an amazing first month. It’s nice to see the dealership begin with a powerful gross sales price and to see the nice 5-star visitor critiques in our first month of buying and selling.
“This a testomony to the laborious work and dedication of Scott and the staff in Grangemouth, in addition to the broader staff who helped with the acquisition.”
Peter Vardy grew its Carz division by a determination to exit Stellantis’ Vauxhall franchise and convert its former franchised websites to used automotive dealership again in January 2021, with shops opening their doorways on July that yr.
It acquired the previous Cazoo used automotive handover centre final month and moved shortly so as to add it to a community which now options websites in Grangemouth, Perth, Motherwell, Kirkcaldy, Edinburgh, Aberdeen, Glasgow and Dundee.
Earlier this yr Cazoo axed 15 of its former handover centres from its web site because it consolidated its UK operations in a bid to avoid wasting £200 million annual in prices.
Yesterday (March 30) the New York Inventory Change listed on-line retailer, based by Alex Chesterman in 2019, posted a £704 million loss in its annual monetary outcomes for 2022.
Final yr, nonetheless, Peter Vardy took the choice to shut its Carz facility situated in a former Vauxhall franchised dealership website at Dalgety Bay.
In an announcement issued through its web site final Could, the group mentioned: “Peter Vardy have taken the tough determination to shut our Dalgety Bay Peter Vardy Carz dealership. We now have dearly beloved our time in Dalgety Bay, taking care of the gross sales and repair wants of our loyal visitors each as a Vauxhall vendor and latterly as a Carz dealership.
“Nonetheless, as we glance to increase our CARZ footprint and influence it grew to become obvious that our location in Dalgety Bay didn’t have the area or scope to fulfil our need for development.
“Because of this, we’ve got made the tough determination to relocate our premises to our a lot bigger operation in Kirkcaldy.”