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Town Centre joins the Sherwoods family.

Town Centre joins the Sherwoods family.

Date Posted: 07 January 2022

As a family business, Sherwoods are delighted to welcome the team from Town Centre Automobiles into the Sherwoods family. Sherwoods has agreed a deal with Town Centre owner Steve Smith which will see all of the familiar faces of the Town Centre team continue to look after any of your motoring needs at the Sunderland site.

Sherwoods Managing Director Simon MacConachie said ‘We are really excited to bring Town Centre and its great team of colleagues under the wing of Sherwoods. The team here do a great job looking after their customers which is why the business has such a great reputation for customer service. The core values of Sherwoods of great customer service and great value for customers are exactly the same as Town Centre Automobiles. We also hope to grow the business and offer even more choice to the customers and car buying public of Sunderland.

Steve Smith said. ‘I’m delighted to have completed a sale to Sherwoods Motor Group. It was really important to me, my staff and our fantastically loyal customers that Town Centre's values would continue with the new owner. I needed  to know that our award winning  customer service, a service we have prided ourselves on for over 40 years, would continue on.

In addition Sherwoods Motor Group share the same family business values, as Town Centre.  Values that  create a relaxed atmosphere with a warm welcome for everyone, a genuine care for it’s staff, plus a unique buying and aftersales experience personal to your individual needs. 

I know with Simon, Chris and the Sherwoods Team this is assured, Simon and Chris’  decision to keep the Town Centre name is really significant as it shows that whilst the ownership has changed, the same friendly faces and that unique service will be no different than it was before.’

Chris Elvidge said: Its great to announce that due to the success of the existing Sherwoods businesses, we have been able to invest in on our second Citroën franchise. The addition of another high achieving, adjacent family owned business to the Sherwoods family is extremely exciting and will enhance the performance of the Group going forward. The acquisition brings a further 26 colleagues, who we welcome into the Sherwoods family bringing the  total to 161. This acquisition also strengthens our relationship with the Stellantis group with whom we endeavour to grow further in the coming years.

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Sherwoods Motor Group Limited is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Sherwoods Motor Group Limited to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only.

We can introduce you to a selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.

Regulated Complaints Post: Automotive Compliance Ltd, The Factory, 44 Alfred Street, Gloucester, GL1 4DD Telephone: 01452671560 E-mail: complaints@automotive-compliance.co.uk. If we cannot resolve your complaint within 8 weeks, you may refer your dispute to the Financial Ombudsman Service. This service is free to use. Their consumer helpline is available on 0800 023 4567 or 0300 123 9123 or you can visit their website at www.financial-ombudsman.org.uk.

VAT Number: 633238551
FRN Number: 667876
Company Number: 02876229

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