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

 

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Employment: Labour Urges Talley’s To End AFFCO Lockout

Labour has urged Talley’s to resolve the ongoing industrial dispute with AFFCO workers which is having a severe effect on the employees, their families and their communities, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says. More>>

ALSO:

Three Kings: Govt To Oppose Appeal Blocking $1.2B Auckland Housing Plan

Environment Minister Nick Smith and Housing New Zealand have joined legal proceedings in support of Auckland Council and Fletcher Building opposing a bid by community groups to only allow low-rise housing in a $1.2 billion housing redevelopment on the disused site of the Three Kings quarry. More>>

ALSO:

Transport: Jetstar Expands Regional Network With Three New Routes

More New Zealanders than ever before will have access to Jetstar’s affordable flights when new services take off today from Auckland to New Plymouth and Palmerston North, and Nelson to Wellington. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news