Cambria Automobiles acquired the Hadley Green Land Rover and Jaguar car dealerships in Barnet on the 7th July 2014. It is the first Land Rover franchise for Cambria, and brings its Jaguar portfolio up to six sites, four of which are in or near Greater London.
Mark Lavery, Cambria’s chief executive, said: “Following our success in turning around underperforming dealerships, it is very pleasing to announce the acquisition of our first Land Rover and the addition of a sixth Jaguar dealership, which are expected to be rapidly earnings enhancing and strengthen our brand portfolio mix.”
“The Land Rover brand continues to perform exceptionally well and has been acknowledged as the most valued new car franchise by the National Franchised Dealers Association’s Dealer Attitude Survey. “Cambria is already working closely with Jaguar which is going from strength to strength and the new product roll-out, scheduled for 2015 onwards, is very exciting.
“The purchase of this dealership is very much part of our growth strategy and the board expects the acquisition to make a considerable contribution to the group’s performance in 2015.”
Mark Lavery said new Jaguar product next year, plus improvements in the used car operation and a new-build aftersales workshop will put the business back on track.
We look forward to welcoming existing and new guests to our new Grange Jaguar Barnet and Grange Land Rover Barnet businesses and delivering the excellent visitor experience we have become well-known for in our Grange dealerships.