Motor group drives expansion with new Manchester dealership

DACE Motor Group has opened a dealership in Eccles, creating 20 jobs, after securing a seven-figure funding package.

Now operating across four sites in Greater Manchester, DACE buys and sells a range of used cars.

The 6,000 sq ft dealership is expected to increase turnover by 25% over the next financial year.

The funding package provided by HSBC UK will enable the business to acquire new stock, ensuring maximum capacity for the launch of the site.

Steve Dace, director of DACE Motor Group, said: “We’re incredibly proud to open the doors of our new Eccles dealership. DACE has never been a business that simply moved through the gears and we’re pleased to see our attention to detail and passion for customer service rewarded. There’s a strong demand in the market for high quality used cars and we believe our new specialist centre in Eccles will be a popular destination for the region.”

Zubayr Atcha, HSBC UK corporate relationship director for Greater Manchester, added: “The motor trade has had a difficult time in recent years but DACE has continued to show sustained growth over this period. DACE identified an opportunity in buying high end cars and, with the help of HSBC, the business has been able to acquire additional quality stock. DACE has a great reputation that goes beyond Stockport and we look forward to supporting a business clearly in the fast lane for success.”

DACE Motor Group was founded in 1993 with the first dealership opening in Reddish, Stockport. The trading group now has three sites in Stockport as well as the new Eccles showroom, selling a range of vehicles from small economy cars to luxury 4X4s.