JCT600 expands Peugeot and Seat site

JCT600 expands Peugeot and Seat site

02/05/2012 in News, All News, Dealer News

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JCT600 has made a £500,000 investment in its Peugeot and Seat dealership in Menston.

After relocating to a large new showroom at 46 Bradford Road three years ago, the family car retailer has now doubled the size of the exterior space to enable it to showcase a greater number of used cars and also to provide additional customer parking.

The site has 1.3 acres of space and also features a 15-bay service workshop.

Simon Thompson, JCT600 Menston general manager, said: “JCT600 made a significant investment in its Menston site in 2009 when we relocated to larger, more modern premises.

“Since then, the dealership has proved extremely popular and this latest extension will enable us to offer customers an even more extensive range of cars.”

The 42-strong team at JCT600 Menston has been strengthened with the recent appointments of Ian McFadzen as sales manager and Simon Hackney as service manager.

With its head office in Bradford, the JCT600 group is a family business with 42 dealerships throughout Yorkshire, Derbyshire, Lincolnshire and the North East. Its dealerships sell 21 brands including Aston Martin, Audi, Bentley, BMW, Ferrari, Maserati, Mercedes-Benz, Porsche and Volkswagen.

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2010 proved a record year for this proudly family, firmly Yorkshire based group.

It recorded the highest turnover in its 65 year history: £615 million from £498m the previous year. Profit before tax also increased to £12.3m.

It now believes 2011 will be another record year with sales to the end of August already more than 1,000 cars higher than over the same period in 2010.

The group, one of the largest privately owned independent motor groups in the UK, employs 1,350 staff at its 48 dealerships throughout Yorkshire, Derbyshire, Lincolnshire and the North East. JCT600 represents 22 franchises.

It also has a car supermarket brand PriceRight with its first solus site opening at Rawdon, near Bradford, at the end of 2010 with a stock of around 120 cars.

PriceRight has also been integrated into used car operations at a handful of low market share outlets, helping to establish these as all-makes used car specialists.

Current chief executive John Tordoff is grandson of Edward Tordoff who founded the business in 1946 and son of Jack Tordoff who ran the company for more than 44 years until he became chairman in 2002.

JCT600 takes its name from Jack Tordoff's Mercedes-Benz 600 personalised number plate.

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Peugeot Motor Company

Peugeot is set to expand its hybrid offering in the next few years to plug-in diesel-electric models and could also introduce diesel-electric commercial vehicles after becoming the first manufacturer to launch a diesel-electric hybrid.

Its Hybrid4 powertrain provides a unique competitive advantage in the race to lower CO2 emissions by using a 163bhp 2.0-litre HDi diesel driving the front wheels in conjunction with an electric motor driving the rear wheels.

Together they produce up to 200bhp in total but can achieve CO2 emissions of less than 100g/km and 74.3mpg fuel economy.

The strategy on CO2 reduction is pinned to three product development programmes: the e-HDI micro-hybrid system, full electric mini-cars and the diesel hybrid line.

Peugeot also offers an all-embracing rental system is set to play a key role in helping Peugeot persuade more motorists to consider the advantages of electric cars.

MU is a unique programme that makes cycles, motor scooters, cars and light commercial vehicles available on short-term rental from dealership forecourts, although currently the scheme is being rolled out to selected outlets.

In April 2014 PSA/Peugeot-Citroen's chief executive Carlos Tavares announced plans to cut model lineup by almost half and to turn Citroen's DS unit into a separate brand in an attempt to restore profits.

Explaining the plan, entitled 'Back in the race', he said model numbers would be cut "progressively" from 45 vehicles to 26 by 2020 and the company would look to expand its markets outside Europe, funded in part by bringing in Chinese partner Dongfeng and the French state as investors alongside the Peugeot family.

There are three metrics to the plan:

- recurring positive group operating free cash flow by 2016 at the latest.

- €2bn in total group operating free cash flow over the 2016-2018 period.

- A 2% operating margin in the automotive division by 2018, with a target of 5% during the next medium-term plan covering the period 2019-2023.

Note: Manufacturers administer the franchised contracts for cars and LCVs in different ways. Broadly, for some the contract to sell cars and LCVs is managed through a separate dealer contract. For others one contract covers both vehicle types.

AMi seeks to acknowledge the difference and reflect it in the count of each dealer groups total franchised outlets (franchised businesses) and sites (locations).

Peugeot administers car and LCV sales under a single contract.

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Seat UK

Seat has solid foundations from which the build the brand and create demands, according to its management. This follows recent sales which have taken its volumes to near record levels for the UK.

Future sales will be driven by the arrival of new products, including the key launch of its new Mii city car which goes on sales in three and five-door variants, the greenest of which will have CO2 emissions of just 97g/km.

Seat is actively targeting a young audience, with recent initiatives inluding the offer of free music downloads for visitors to its dealerships and campaigns running on Facebook and Twitter.

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Total Sales

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How do dealers rate the value of the franchise?

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