Hippo’s £4m commitment to LancashireHippo, Blackburn car dealership is investing £4m in the build of a state-of-the-art vehicle preparation centre and showroom expansion.
The two developments will enable Hippo Motor Group to grow its £63m empire to £70m in 2019 and reach its ambitions to grow to a workforce of 200 next year.
The company, which 11 years ago sold 10 cars a month, now sells over 500 per month and employs 160 people.Tom Preston, managing director, said: “We bought 10 acres of land from the council this year in order to forge ahead with plans to build this ground-breaking 40,000 sq ft vehicle preparation centre.
“We operate in a very competitive market, so it’s vital that we continually seek to invest in growing our offer and in doing so bringing investment and jobs to Lancashire.”When works are completed by Barnfield Construction, Hippo’s new vehicle preparation centre will boast the UK’s first body shop to have a new fixed line system, 15-bay workshop, separate valet facility for up to 20 cars and a smart repair centre.
Tom added: “Once the build and fit is completed, we will then start work on extending our current showroom and offices in Trident Park, which will take a further six months and £1m investment to complete.”The Hippo Motor Group was established in 2007 by Tom and his father Richard Preston. The family has more than 50 years’ experience in the industry, catering for new and used vehicle purchasing, financing, leasing and servicing. They self-finance and lease cars from the world’s top manufacturers such as Volkswagen, Ford, Porsche, Bentley, Aston Martin, BMW, Audi, Land Rover and more.