Sytner has acquired The Car People, its second used car supermarket group takeover within 12 months.
The UK’s largest franchised dealer group has now established a car supermarket division with almost £500m annual turnover, in which The Car People and CarShop will operate separately, led by Car Shop chief executive Jonathan Dunkley.
Jonathan Allbones, The Car People’s sales and marketing director, becomes its operations director under Sytner’s new structure, while Kirk O’Callaghan is operations director for CarShop.
Both report to Dunkley, who in turn reports to Sytner chief executive Darren Edwards.
Edwards told AM the acquisition was in line with Sytner’s plans to diversify into used car operations as it sees good growth opportunities ahead in the UK’s used car market.
Prior to the latest takeover, Edwards had already given Dunkley a remit to identify new areas where the division could establish more car supermarkets, and it has bought two suitable properties in line with this ambition.
The Car People has four dealerships in South Yorkshire, West Yorkshire, Cheshire and Lancashire, while CarShop currently has five at Cardiff, Swindon, Northampton, Doncaster and Norwich.