He is still in discussions with other manufacturers formerly represented by Five Oaks, including Volvo, Maserati, Ferrari, Porsche and Peugeot, and is expected to make a full statement about the progress of the talks this afternoon.
After weeks of discussions with both Five Oaks and manufacturers in the UK, Mr Scott said he was happy all the work was paying off.
He stressed that his business team had worked hard to make sure deposits and other deals with car makers would be honoured, but said it was important to draw a line under the past.That is not the news some Five Oaks customers will want to hear who feel that they have been hung out to dry by the company.
The JEP has received several calls from customers who have handed over money for cars that were never delivered and cannot now be located.’We are not responsible for the way that they ran their business, it is nothing to do with us,’ Mr Scott said, adding that a press statement would be released this afternoon to ‘give the full facts’.He said that he had spent hundreds of thousands of pounds securing deals with manufacturers across the Channel, but talks were ongoing.
The announcement of the VW and Audi deals comes weeks after Mr Scott paid Five Oaks £4.9 million for its St Peter site.
Five Oaks approached Mr Scott originally to discuss the possibility of a merger with his garage business.
Mr Scott said this morning, however, that the stakes changed when he realised the company’s severe predicament.
‘I am a businessman,’ he said.