DEALERSHIP group Greenhous is planning major expansion of its franchised dealerships as part of a restructuring of the business. The move by the £155 million turnover group included the sale of Fleet Management Services to Abbey National-owned First National Vehicle Holdings for an undisclosed amount.
Greenhous will focus on car sales after the disposal of FMS and it is intending to add to the five dealerships which it already owns with a number of new purchases, including smaller dealerships to back up the business at its larger operations.
The firm will also look at expanding its current stock of franchises. It runs three large Vauxhall dealerships, including Greenhous Vauxhall in Staffordshire, Vauxhall's number one dealer for the last seven years, and two Leyland DAF sites. As part of the focus on dealerships, the firm has announced its senior management structure for the new millennium, with the appointment of former group managing director Dudley Murfin as non-executive chairman.
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