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In March 2007, Group 1 Automotive launched their UK operation - the Barons Group. The Barons Group was founded when Group 1 Automotive acquired their first BMW and MINI Dealerships based in Brighton, Hailsham and Worthing. [1] Essex Audi became part of the Barons Group in May 2012 when Group 1 Automotive acquired their first UK Audi dealerships.
In that year around 168,000 people were directly employed in automotive manufacturing in the UK, with a further 823,000 people employed in automotive supply, retail and servicing. [2] Ariel Atom, produced from 2000 - Present. The UK is a major centre for engine manufacturing, and in 2018 around 2.71 million engines were produced in the country. [1]
Soon thereafter, the automotive industry was hit by a recession, leading to the closure of dealerships, and job cuts in both the United Kingdom and United States. [13] [14] In April 2019, shares in the company fell 13%, after it posted their £2.8 million first quarter loss, substantially below the £6 million profit predicted by analysts. [15]
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Three unique models that BMW Motorsport created for the South African market were the E23 M745i (1983), which used the M88 engine from the BMW M1, the BMW 333i (1986), which added a six-cylinder 3.2-litre M30 engine to the E30, [133] and the E30 BMW 325is (1989) which was powered by an Alpina-derived 2.7-litre engine.
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