Congratulations to our member, Shelbourne Motors who have posted a pre-tax profit of £1.2m in 2018, up 28% on the previous year ahead of Newry Dealership Opening.
It attributes the increase to a strong sales performance in new and used cars as well as after-sales services and it coincides with a £5 million investment by the family-owned company in a new multi-franchise complex in Newry.
The 50,000 sq ft development will create 60 new jobs when it opens this month.
It will include new Renault and Kia car showrooms, a used-car supermarket, new car handover bays, lounge-style waiting area and a drive-thru service centre with state-of-the-art service workshop facility.
The Kia partnership will see Shelbourne expand its franchise portfolio to five global manufacturers and be the only dedicated dealership supplying new and used Kia vehicles in the Greater Newry Area.
Shelbourne Motors employs more than 130 staff at its Portadown headquarters where it operates Toyota, Renault, Nissan and Dacia franchises as well as a used-car supermarket, rental division, accident repair centre and valet centre.
Finance Director, Caroline Willis said:
“We’re delighted with the company’s financial performance in 2018. We are operating in a challenging and competitive environment and to record such a double digit percentage increase in profits reflects the strength and growth of our brand.”
“We have strengthened our position as one of Northern Ireland’s leading vehicle retailers, built on an ethos of delivering exceptional choice and service to our loyal and ever-expanding customer base.”
“We are determined to build on this success with the opening of our new Newry complex, our largest ever single investment. The facility has been meticulously designed to provide an unequalled sales and after-care experience to local customers with a host of technologically-advanced features in a vibrant, modern and spacious environment.”