Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Armstrong Expands Into Auckland Market

Armstrong Expands Into Auckland Market


Leading New Zealand motor vehicle retailer Armstrong Motor Group makes its Auckland debut with the acquisition of two high profile Toyota dealerships.

New Zealand owned and operated Armstrong Motor Group has this month taken ownership of Great North Road and Mt Wellington Toyota Dealerships from Sir Colin Giltraps’ Giltrap Group.

Armstrong Motor Group, founded in Christchurch in 1993, has grown steadily to become one of the largest and most successful automotive retail businesses in the country.

The deal increases Armstrong Motor Group’s retail footprint to eleven dealerships across eight markets, representing 20 authorised franchise brands and employing over 350 people.

Armstrong founder and CEO Rick Armstrong said the acquisition is a significant step in the company’s growth strategy, “We’ve had our eye on the Auckland market for some time now but have been waiting for the right opportunity. New Zealand’s number one selling vehicle brand, in the biggest selling vehicle market, was an opportunity we jumped at”, he continued.

The Auckland City and Mt Wellington dealerships, which sell 100 new vehicles per month and the same in second hand vehicles, are currently ranked the number two and three best-performing Toyota dealerships in the country.

The company is thrilled about its investment in the Toyota brand, “Toyota is an iconic Kiwi brand with an unprecedented range of products for all New Zealanders, from families to the commercial sector. We’ve been impressed with the company’s focus on quality, market leading technology and innovative styling - that the brand hopes will attract a younger driver, said Armstrong.

Armstrong, who has relocated from the company’s headquarters in Wellington to Auckland to run the two dealerships, said he is looking forward to working with the Toyota team to inject the Armstrong’s personal approach into the day-to-day running of the dealerships, “Armstrong Motor Group has over the years built a reputation for exceptional customer service and customer care programmes, which we are focused on implementing in Auckland as quickly as possible.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Balance Of Trade: NZ Posts Trade Deficit In October On Falling Dairy Exports

New Zealand’s posted its largest monthly trade deficit for October in six years, while narrowing the shortfall from September, led by a fall in dairy exports to China while all main imports into the country rose. More>>

ALSO:

Gigatown Winner: Plenty Of Positives For Dunedin

Although the city has taken the Gigatown title, along with new ultrafast 1Gbps broadband and funding for $700,000 worth of UFB-related initiatives across the community, Mr Cull says Dunedin has gained so much more through its involvement. More>>

ALSO:

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news