Group 1 Automotive now has more than 20 Mercedes-Benz dealerships in the UK following yet another acquisition from the expanding US-owned dealer group.
It announced last night that it has acquired L&L Automotive's four Mercedes businesses located north of London at Stevenage, Hertford, Hemel Hempsted and Bishop's Stortford.
The takeover of the Mercedes-Benz Hertfordshire market area comes just 10 weeks after Group 1 Automotive UK announced it was paying £346 million for Inchcape's entire dealer group operating in the UK - a deal expected to complete by the autumn.
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An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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