REG Vardy has unveiled plans to expand its network by 20 sites following the appointment of Graeme Potts as chief executive. Current developments include a new Honda dealership in Newcastle, new Volkswagen and Audi dealerships in Leicester, and a relocation of its Mercedes-Benz business in Glasgow.

Chairman Peter Vardy said he also sees a huge potential for expansion in the used car market by opening car supermarkets stocking up to 400 models.