In an ideal world you would do both finance permitting. The board obviously see more long term value in used car retailing plus the new 'trend' now is moving vehicles closer to the customer. The other groups are doing it.
What's disappointing with PDG is no new growth through acquisition. Marshalls added SG Smith and got some key Audi sites, Lookers acquired Benfield Motors while PDG aim for organic growth in a competitive used car market.
I have been watching for a while and they have sold or closed, JLR outlets in Milton Keynes, Slough, Luton, Manchester, Bolton, Hull, Aberdeen, Perth, Edinburgh, Birmingham and Plymouth in the recent past all of which have been in the trade press . Every other retailer is making a big thing about buying in to JLR and paying big premiums,.
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