Marshall buys Holland Brothers Jaguar in Lincoln

Marshall Motor Group buys Holland Brothers Jaguar in Lincoln

25/04/2012 in News, All News, Dealer News

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Marshall Motor Group buys Holland Brothers Jaguar in Lincoln

Marshall Motor Group has bought Lincoln Jaguar from the Lincoln Co-Op, taking the family-owned group's representation of Jaguar to four sites.

Its other car dealerships for the brand are in Peterborough, Cambridge and Ipswich.

All staff of Lincoln Jaguar, which traded under the Holland Brothers brand, have transfered to Marshall.

Chief executive Daksh Gupta said: "This is a great acquisition for us as it now gives us a larger contiguous territory, which serves the East of England from the Humber down to East Anglia."

Gupta said the takeover is consistent with Marshall's strategy of increasing the depth of representation with core brand partners, and to spread out from its previous Cambridge and Peterborough heartland of car dealerships.

Jeremy Hicks, managing director of Jaguar Land Rover UK, said Marshall is an important partner for Jaguar and it was pleasing to see the group's continued growth.

The deal means the exit from motor retail of Lincoln Co-Op, which is not part of The Co-operative Motor Group.

 

Author
Tim Rose


AMi Header

Jaguar

Jaguar's updated model range looks more confident and profitable without the compact X-Type which dominated sales but did little for the bottom line.

The new XJ and particularly the XF are enjoying sales success, although volumes are under pressure in 2011.

2012 will bring renewed potential for growth when the XF gets a 2.2-litre four-cylinder diesel engine that will deliver expected model sales growth of 10%.

Also in the pipeline is a potential all-new replacement for the X-Type. At the opposite end of the spectrum Jaguar has confirmed that it will build its C-X75 petrol-electric hybrid supercar in partnership with Williams, the Formula 1 team.

The model was first shown at the Paris Motor Show in September 2010 but a production version will now go on sale in 2013 priced from £840,000. There will be just 250 examples available worldwide.

The C-X75 features four 195bhp electric motors – one for each wheel – linked with highly boosted petrol engine.

The 780bhp car will reach 0-62mph in less than three seconds and Jaguar claims it will have less than 99g/km of carbon dioxide emissions.

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