Mr Holden, grandson of founder Ernest Holden, returns to the group as chief executive, replacing departing managing director Martyn Webb.

It follows a strategic review of the business aimed at cutting costs to protect the dealership’s long-term future.

Martyn Webb had been Holden Group's managing director since 2023 (Image: Supplied) “Unfortunately, we introduced various costs into the business just as the market began to shift,” said Mr Holden, who previously led the group for many years.

“Following our review, we are now in a better position to navigate the further challenges ahead - such as increased National Insurance contributions and minimum wage rises - and to........

© Eastern Daily Press