04.12.2019

Jardine Motors to sell eight Volkswagen and Skoda sites

Jardine Motors Group has confirmed to AM the proposed sale of seven Volkswagen franchised dealerships and one Skoda site, with Marshall Motor Holdings believed to be poised to acquire the businesses.

A spokesman for Jardine said that the sale of the VW retail sites in Aylesbury, Harlow, Letchworth, Loughton, Milton Keynes and St Albans, the Volkswagen Loughton Van Centre and Milton Keynes Skoda had not been finalised.

However, an AM source said that staff had been informed of the intention of Marshall Motor Holdings to acquire the facilities.

Jardine’s former Wayside Group Towcester Volkswagen dealership, which currently sells Approved Used vehicles – is being retained by Jardine.

[source: Automotive Management online]