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Marshall Motor Holdings Plc

INTERVIEW: Marshall Motor Holdings Focused on maintaining a strong balance sheet

Marshall Motor Holdings Plc (LON:MMH), one of the UK’s leading automotive retail groups, issued a trading update in response to the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure. Joining Directorstalk to discuss the update is Daksh Gupta, CEO of Marshall Motors. Daksh explains why they decided to release the update and the impact of Worldwide Harmonised Light Vehicle Test Procedure (WLTP). He also talks about a strong balance sheet and the future investment opportunities for the company.

Marshall Motor Holdings Plc principal activities are the sale and repair of new and used vehicles. The Group’s businesses comprise a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre. In April 2018 the Group was recognised by the Great Place to Work Institute, being ranked the 21st best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.