Your Local Motor Group has finalised a deal to buy the Launceston Motor Group, taking on all the company’s local assets.
The sale is of seven dealerships and will add to your Local Motor Group’s existing Launceston Toyota business.
The dealerships will continue to be locally managed. Your Local Motor Group managing director Sam Nixon said they have a strong local focus and all current staff are welcome to continue.
“We’re going to employ over 200 hundred Tasmanians in our combined investments,” he said.
Launceston Motor Group’s outgoing managing director Grant Jenkins said the message for buyers is business as usual, and the company wanted to thank all their customers and supporters since they began in 1981.