Fast Track 100

After buying and turning around four loss-making Audi dealerships since December 2005, Kevin Walter, managing director of Hodgson Automotive, plans to set up a new Audi centre in Colchester next year. He sold his Hitchin Audi dealership to the Wayside Group in 2006, but Hodgson now claims to control all Audi sales in Essex and East London. The company sells 5,000 cars a year from its six outlets. Organic growth and the acquisitions have boosted sales at the Essex company 68% a year from £15.7m in 2002 to £74.7m in 2005.

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Company details
CompanyHodgson Automotive
ActivityCar dealer
LocationChelmsford, Essex
Annual sales rise over 3 years68.08%
Latest sales £000s74,673

If applicable:

* supplied by company † annualised figure