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Marshall Motor Hldgs (MMH)

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Tuesday 26 May, 2020

Marshall Motor Hldgs

COVID 19: Re-opening of Showrooms

RNS Number : 8387N
Marshall Motor Holdings PLC
26 May 2020
 

26 May 2020

 

MARSHALL MOTOR HOLDINGS PLC

(the "Group")

 

Re-opening of Showrooms from 1 June 2020

 

The Board of Marshall Motor Holdings Plc notes and welcomes the Prime Minister's announcement on 25 May that car showrooms will be permitted to re-open from 1 June 2020.

 

Implementation of the Company's detailed plans to re-open its showrooms were already well advanced in anticipation of this announcement. The Company has been closely involved in the industry's engagement with Government regarding the implementation of guidelines specific to the automotive retail sector. 

 

Since the Company closed its operations on 23 March, it has undertaken comprehensive risk assessments of its sites, produced a detailed reactivation plan and engaged with and trained all colleagues returning to work on our revised operating procedures.  The Board is confident that it is taking all necessary steps to ensure it is COVID-19 secure in line with current Health and Safety legislation.

 

The Company's aftersales facilities are now open for all customers and for all services, having previously been focused on supporting the emergency services, commercial vehicle operators, key workers and vulnerable people. Whilst still early, initial demand is encouraging as we start to ramp-up our aftersales operations.

 

In terms of our physical showrooms, in anticipation of a June re-opening, colleagues had been returning to showrooms and readying them for re-opening to our customers in accordance with the Government's sector guidelines. Further colleagues will be returning over the coming week to assist in the delivery of vehicles sold both before and during the lockdown following the Government's recent clarification over 'click and collect' services.  

 

The Company will provide a more detailed update in due course.

 

Daksh Gupta, Chief Executive Officer, said:

 

"We welcome the Prime Minister's announcement yesterday that car showrooms will be permitted to reopen from 1 June.  We have been working on our detailed reactivation plans for a number of weeks with the safety and security of our colleagues and customers at the heart of those plans.  We are confident that, in accordance with the Prime Minister's announcement, our businesses are COVID-19 secure and we look forward to re-opening our businesses from 1 June.

 

"I would like to take this opportunity to thank the Group's business partners, particularly its brand partners, who have been incredibly supportive during this period. I would also like to thank those colleagues who have worked tirelessly through the lockdown period to ensure we continued to provide both online sales and aftersales services to our valued customers. Finally, I look forward to welcoming both our colleagues and our customers back to our businesses over the coming weeks."

 

 

ENDS

 

 

Marshall Motor Holdings plc

c/o Hudson Sandler

Daksh Gupta, Chief Executive Officer

Tel: +44 (0) 20 7796 4133

Richard Blumberger, Chief Financial Officer

 


Investec Bank plc (Financial Adviser, NOMAD & Broker)

Tel: +44 (0) 20 7597 5970

Christopher Baird


David Flin


David Anderson

 


Hudson Sandler

Tel: +44 (0) 20 7796 4133

Nick Lyon

Bertie Berger


Nick Moore


 

 

Notes to Editors

About Marshall Motor Holdings plc  ( www.mmhplc.com )

The Group's principal activities are the sale and repair of new and used vehicles. The Group's businesses have a total of 117 franchises covering 24 brands, operating from 98 locations across 28 counties in England. In addition, the Group operates six trade parts specialists, two used car centres, six standalone body shops and one pre delivery inspection centre. 

 

In 2020 the Group was recognised by the Great Place to Work Institute, being ranked the 12th best place to work in the UK (super large company category). This was the tenth year in succession that the Group has achieved Great Place to Work status and the sixth year in succession that it has been named as one of the UK's best work places.

 

 


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