Sep 01, 2023 |
Lithia & Driveway acquires Arden Motors expanding BMW & MINI operations to Maidstone and Tunbridge Wells |
MEDFORD, Ore., September 1, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the acquisition of the Arden businesses representing BMW, MINI and Motorrad in Maidstone and Tunbridge Wells. These businesses will join the existing Jardine Motors Group lead by Neil Williamson, Regional President over the United Kingdom.
About Jardine Motors Group
- Currently represents 14 Premium & Luxury Brands including – Aston Martin; Audi; BMW; Ferrari; Ineos; Jaguar; Land Rover; Maserati; McLaren; Mercedes-Benz; MINI; Pininfarina; Porsche and smart.
- 8th largest UK Retailer operating in over 50 locations across England.
- Existing BMW & MINI locations in Bury St Edmonds and Milton Keynes.
- Employs circa 2,800 staff across the combined businesses.
Neil Williamson, Regional President, United Kingdom, commented:
“Following LAD’s entrance into the UK with the Jardine Motors Group earlier this year, we have always stated our desire to grow,” said Williamson. “Bringing the teams from both Maidstone and Tunbridge Wells together with our existing BMW & MINI businesses in Bury and Milton Keynes further strengthens our ability to serve customers with these exciting brands. Our collective efforts will help deliver on our aspirations across the UK and supports our mission of Growth Powered by People.”
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD), a premier automotive retailer, offers a wide selection of vehicles across global manufacturers and provides a full suite of financing, leasing, repair, and maintenance options. Purchasing and owning a vehicle is easy and hassle-free with convenient solutions offered through our comprehensive network of locations, ecommerce platforms, and captive finance division. We deliver profitable growth as we pursue our vision to modernize personal transportation solutions wherever, whenever, and however consumers desire.
Sites
lithia.com
jardinemotors.co.uk
investors.lithiadriveway.com
lithiacareers.com
driveway.com
greencars.com
drivewayfinancecorp.com
Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
Contact
Matt Wrigley
Group Marketing & Innovations Director
+44(0)7789 817679
|
|