Car dealership the Sytner Group has acquired The Car People, nearly doubling the size of its used vehicle supermarket division.
The Car People retail around 18,000 vehicles annually and generate a turnover of approximately £225m a year. Established in 2000, The Car People operates from four supermarkets in Wakefield, Sheffield, Manchester and Warrington, selling 18,000 vehicles a year. The deal follows Sytner’s acquisition of The Car Shop in January 2017.
The acquisition of The Car People will enable Sytner to accelerate the expansion of their used car supermarket division and to further diversify their business into this growing sector of the market. Sytner said the investment reinforces their commitment to significantly grow used car revenues.