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Motor trade consolidation slows as Brexit uncertainty bites

on 12 October 2017

Consolidation in the motor trade has slowed with the uncertainty caused by Brexit.

Analysis of the dealer sector carried out by Martin Wilson of TBN, a dealer property consultancy service, found that the number of reported dealer sales in the year to date now stands at 35 compared to 55 last year.


Wilson said that Brexit had caused uncertainty but the market would pick-up again.

“Despite the continued uncertainty surrounding Brexit the pent up demand in the market remains and once the future landscape becomes a little clearer we can expect to see an increase in activity as the bigger groups look to rebalance their portfolios,” said Wilson.


“At the same time there may be a significant shift in values as the perception of the likely winners emerges,” he added.

The market has seen a “flurry” of activity in recent months. In October Johnson Cars bought West midlands based Chambers of Sutton while Northern Ireland dealer group Donnelly Group acquired SMW Suzuki in Belfast from the Agnew Group.


September saw Motorline Group buying Hereford Hyundai from Stirling of Hereford in a deal facilitated by ASE’s Dealermatch service.

And in August the South Africa-based Imperial Holdings bought Pentagon Motor Holdings.

Credit: Motor Trader

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