GEVESA - Grupo Q Regional Alliance

GEVESA and Grupo Q have concluded the companies' merger of their vehicle sales operations and the new group's name will be Grupo Q.

Monday, September 6, 2010

Juan Federico Salaverría, GEVESA president, explained that legally they will continually to operate independently, especially with regard to suppliers. GEVESA, which distributes the Mazda, Peugeot and Ford brands will take a 30% share in the new combined business.

The expanded Grupo Q will manage 14 points of sale in six countries, employing 1,800 people and selling 18 different automobile brands. In 2010 it expects to sell 12,000 cars.

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