IM announces Colt acquisition
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Midlands-based automotive, property and finance business International Motors has agreed to purchase The Colt Car Company’s aftersales business.
The new subsidiary of International Motors will be called IM MAPS (UK) but will continue to trade under the Mitsubishi Motors in the UK banner.
The purchase will take place on 1 October and the Mitsubishi Motors in the UK aftersales business will operate independently within IM Group from its current base in Cirencester.
Andrew Edmiston, managing director, IM Group, said: “In this new era of ownership by IM Group, a company with customer service at its heart, customers can expect no less commitment from their Mitsubishi dealer than they have experienced in the past. We will ensure all Mitsubishi dealers have the support they need to continue to deliver this. IM Group are pleased and proud to represent Mitsubishi Motors in the UK.”
Rob Lindley, managing director, The Colt Car Company, said: “The completion of this deal ensures the long-term future for Mitsubishi aftersales in the UK. Operating within the IM Group, Mitsubishi Motors in the UK will continue to deliver the excellent standards of aftersales care, parts supply and vehicle warranty that our customers have experienced and will continue to provide to our UK customers for many years to come.”