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Marshall Motor Holdings Plc

Used cars and aftersales have helped offset new car market troubles

John O’Hanlon, chief executive of Waylands Automotive, Daksh Gupta, boss of Marshall Motor Group, and John Tordoff, CEO of JCT600, joined Car Dealer founder James Baggott to discuss the state of the automotive industry in what continue to be turbulent times.

Indicating that Marshall, which has 106 dealerships nationwide, has also upped the ante on used cars, Gupta said: ‘We took a conscious decision to do this post-Brexit – we knew the new car market was forecast to decline and that has happened. I believe the new car market will be three or four per cent – maybe even five per cent – down this year.

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