Dalgety Bay: Peter Vardy Vauxhall Dealership on Harbour Way to become car supermarket

Peter Vardy has announced it will end its relationship with the car manufacturer in the middle of this year.

Its Vauxhall dealership on Harbour Way will be converted into a used car supermarket in the summer.

It has been confirmed that no jobs will be lost as a result of the decision.

Peter Vardy said: "All Peter Vardy colleagues at existing Vauxhall sites in Aberdeen, Dalgety Bay, Edinburgh, Kirkcaldy, Motherwell and Perth will have their roles secured, while, given our ambitious growth plans, we expect significant new roles to be created.”

The announcement was made on Wednesday last week as Peter Vardy revealed new plans to expand its used car operations, soon to be rebranded 'Carz', in a move that will double the group’s annual used car volumes.

The business has already restructured to become a significant e-commerce operator, invested in its IT platform SilverBullet, and has plans to invest in future sites nationally.

A joint statement said: “Vauxhall Motors and Peter Vardy Ltd have been in discussion recently and have now agreed a mutual and managed exit from each other which will take effect in mid-2021.

“Peter Vardy has been a long-standing investor and valued partner of Vauxhall Motors but the industry is changing and evolving quickly, resulting in the fact that the respective future strategies of the two companies lie in different directions.

“Both companies are working closely together to ensure that this decision is handled professionally for both parties to minimise any impact for Vauxhall customers.

"The positive business relationship that has always existed between Vauxhall Motors and Peter Vardy Ltd will be essential over the next few months to ensure that happens.”