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Peter Vardy in jobs pledge as dealer converts all Scottish Vauxhall showrooms into used car supermarkets

Submitting. Chief executive Peter Vardy said: “We have been working on this growth strategy for some time, however, the events of this year have meant we have fast tracked these plans. “There has been a significantly increased level of demand for used vehicles which along with challenges around the supply of new vehicles, and with Brexit potentially making this even harder, it makes sense to move our plans forward. “Our CarStores in Glasgow and Dundee have been extremely successful since launch and we will be turning our current Vauxhall sites into used car supermarkets as well as going through a full re-brand which we think will be a really exciting step.”

Vauxhall dealerships across Tayside and Fife to close

Vauxhall dealerships across Tayside and Fife to close © Supplied by Google Three Vauxhall car dealerships in Tayside and Fife are preparing to close. Peter Vardy will end its relationship with the car manufacturer in the middle of next year. Its Vauxhall dealerships in Perth, Dalgety Bay and Kirkcaldy will be converted into used car supermarkets next summer. No jobs will be lost. Futures in different directions A joint statement said: “Vauxhall Motors and Peter Vardy have been in discussion recently and have now agreed a mutual and managed exit from each other which will take effect in mid-2021. © Supplied by Peter Vardy

Growth set to continue for car dealership after Covid-19 recovery

Growth set to continue for car dealership after Covid-19 recovery © DC Thomson Boss Peter Vardy A business that started as a single car dealership in Perth in 2006 now has sales approaching £500 million. Newly filed accounts for Peter Vardy show revenues of £471.2m for the year ending December 31 2019. Pre-tax profits rose 15% to £6.3m. The business operates 14 car dealerships across Scotland. Perth Porsche Its Perth Porsche operation was highlighted as a particular success last year, with revenue growth of 82%. © Steve MacDougall/DCTMedia The Tweed Place dealership opened in April 2018 and will post a profit this year. Chief executive Peter Vardy said: “We were really pleased with our performance in a challenging market.

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