The automotive industry is a vital part of the UK economy accounting for more than £82 billion turnover and £20.2 billion value added.
With some 186,000 people employed directly in manufacturing and in excess of 856,000 across the wider automotive industry, it accounts for 12.0% of total UK export of goods and invests £3.65 billion each year in automotive R&D.
More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by 2,500 component providers and some of the world’s most skilled engineers.
Marshall Motor Holdings PLC (LON:MMH) is the 7th largest motor dealer group in the UK. Since 2008, 86 franchises have been added and 36 non-core or loss making operations have left the portfolio. The Group operates 101 franchise dealerships representing 23 different brand partners in 26 different counties across England.