From 1 October, Latvia’s Wess Auto Grupa will stop selling new BMW vehicles, focusing on the sale and service of Lexus and Toyota automobiles and continuing to provide authorised BMW service.

Sweden’s BMW BMW Baltic decided not to extending its dealership contract with the company, Latvian News Service said.

Wess Auto Grupa has been an authorised BMW representative for seven years, strengthening BMW leading positions in the segment of premium automobiles, investing huge amounts of assets and business development and becoming one of the exemplary BMW dealers in Europe, Wess Auto Grupa Council chairman Aleksandrs Oskins said.

The report said Wess was puzzled after receiving BMW Baltic’s decision on not extending its dealership agreement. It suspects BMW Baltic wants to focus BMW representation in Latvia within a single international company, according to Oskins.

In the future, the company will focus more on Lexus and Toyota automobile business, as well as developing Honda service in Latvia.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.