A group of Norwich car dealerships is set for change after a company from across the pond announces a take-over.

Inchcape Retail, which owns BMW and MINI dealerships in Dereham Road and Land Rover and Jaguar dealerships in Broadland Gate, has been bought out by Texan company Group 1 Automotive.

The Norwich shops make up some of the 54 dealerships purchased by the company in the UK, which have been predicted to make around $2.7b yearly.

Group 1 have bought out Inchcape RetailersGroup 1 has bought out Inchcape Retailers (Image: Group 1 Automotive)

"This transformative acquisition effectively doubles our UK footprint, giving us access to new markets throughout England with a collection of outstanding brands," said Group 1’s president and chief executive officer Daryl Kenningham.

READ MORE: Opening date announced for cafe and bakery set to 'rival Greggs'

"We are delighted to welcome our new team members as we collaborate to deliver an excellent customer experience."

The company now owns 260 car dealerships globally and sells Audi, BMW/MINI, Jaguar, Land Rover, Lexus, Mercedes-Benz, Porsche, Toyota and Volkswagen vehicles.

Group 1 now employs more than 7,000 people across the UK and is one of the largest car retailers in the country.