Demand for premium marques has played to Marshall Motor’s strengths with its German and Jaguar Land Rover showrooms Oli Scarff/Getty ImagesStrong demand for premium car brands and the popularity of cheap finance deals have helped Marshall Motor to bypass the uncertainty affecting many forecourts and drive sales and profits higher. Marshall said that its high proportion of German and Jaguar Land Rover showrooms was one reason for a record performance in the first half of the year. Daksh Gupta, chief executive, said: “From our perspective, the premium brands are growing stronger and stronger. The German brands and Jaguar Land Rover account for about 40 per cent of the new UK car market and 62 per cent of our business is in that category.”Revenues at Marshall, one of the largest car dealer networks in Britain, rose by 43.7 per cent to £1.18 billion and underlying…
Source: The Times August 15, 2017 16:07 UTC