Vauxhall could close more than 100 UK dealerships amid falling car sales
Company is renegotiating franchise agreements with dealerships in bid to improve profits
Vauxhall will cut back its dealership network amid rapidly falling UK car sales and changing consumer behaviour.
The company will terminate contracts with all of its 326 dealerships and renegotiate them in order to make its network more profitable. Vauxhall’s European sister company Opel is carrying out a similar exercise across the Continent.
The exact number of Vauxhall dealerships that will survive in the UK is not known but is likely to be between 200 and its current figure, the company said.
Read more Vauxhall 'could shut dealerships', threatening thousands of jobs Vauxhall’s sales plunged by more than a fifth last year and were down 18 per cent in the first three months of this year. Across the industry, UK car sales as a whole slipped 5.6 per cent in 2017.
Consumers now do far more of their research into making a new car purchase online, lessening the demand for dealerships..