Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry.
Lloyd Motor Group has acquired the dealership premises formerly operated by Cazoo on Scotswood Road, Newcastle.
The premises will reopen as a used car retailer and a vehicle preparation centre later this year.
The site will join Lloyd Motor Group’s established Newcastle sites – Lloyd BMW, Lloyd MINI and Lloyd Newcastle Bodyshop and will be the Group’s 34th retail and service centre across North England and Southern Scotland.
Lloyd Motor Group’s managing Director, Sam Lloyd, said: “We are delighted to add this location to our portfolio and enhance our offering for car buyers across the North East.
“This exciting opportunity for Lloyd Motor Group will allow us to strengthen our presence across the region.”
Lloyd Newcastle’s Head of Business, David Lewins, added: “Our team in Newcastle takes great pride in offering a personalised and friendly experience.
“We’re looking forward to taking on the challenge of new premises and ensuring it is as successful as our other Newcastle locations.”
Lloyd Motor Group is recognised as one of the UK’s leading independent automotive groups and represents some of the world’s most prestigious automotive manufacturers.
Lloyd Group was created in 1976 as a BMW dealer. It is now rated 27 in the Motor Trader Top 200 Dealer Groups with annual turnover of £626.9m.
IT represents BMW, MINI, Jaguar, Land Rover, Kia, Volvo, INEOS, BMW Motorrad and Honda Motorcycles.