Deal saves 170 jobs as family-owned Loders continues to make losses.
Heritage Automotive has completed the purchase of Loders Garages' dealerships after Loders suffered financial difficulties this month.
Volkswagen and Skoda dealer Loders is understood to be on the verge of new ownership after hitting a financial crisis.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 7 2019
Where: Birmingham NEC
Find out what features are in this month's, and future, issues