Apr 16, 2018

Vauxhall to trim dealer network by third in profitability drive

Vauxhall will slim its dealer network by up to a third as the lossmaking British car brand tries to improve its profitability. The group stressed that there would be "No job losses" among the 12,000 employees of Vauxhall dealers as the sites would move to other brands or into selling used cars. Although its dealer network is profitable, Vauxhall and its European parent Opel are aiming to save €1bn by 2022 after being taken over by Peugeot owner PSA last year. Mr Norman said Vauxhall aims to sell more cars through a smaller number of dealers in future, as well as focusing on an increased online presence. Vauxhall suffered the worst year of any car brand last year in Britain, with sales falling 22 per cent and market share declining from 9.3 per cent to 7.7 per cent.

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