Group 1 Automotive has taken the lease on the Ford dealership in Basingstoke formally operated by City Motor Holdings which has gone into administration.
Snows Group has acquired the Citroën, Citroën DS, and Peugeot dealerships previously operated by City Motor Holdings in Basingstoke.
City Motor Holdings has been placed in administration after attempts to find a buyer for the Basingstoke-based business failed. A total of 267 staff have lost their jobs.
City Motor Holdings is trying to find a buyer to avoid going into administration as a result of "poor trading".
City Motor Holdings has opened a new Kia ‘red box’ showroom in Newbury.
City Motor Holdings has increased its portfolio to 12 car dealerships after taking over a Peugeot business in Newbury.
A Citroen dealership has ceased trading after hitting financial diffulties at the end of 2012.
City Motor Holdings Ltd has completed a management buy-out (MBO) from its former owner Anthony Wickins.
