Except for Vanessa Acosta, as Acosta has been in the commercial registry since last Thursday as an attorney, the presence of Grupo Acosta in Renault is now history. The Portuguese group Caetano Retail, which represents 15 brands with more than 55 points of sale with more than 2022 vehicles sold in Spain in 27.000, announces its entry into Gran Canaria through a new dealership for the Renault and Dacia brands called Caetano Canary Formula. Grupo Acosta leaves the passenger car business but stays with the industrial business.
The facility located in Agüimes has sales services for new and used vehicles, as well as mechanics and bodywork services. With this expansion, Caetano Retail has 10 Official Renault and Dacia Dealership facilities called Caetano Formula, in the province of Cádiz, Lugo, Pontevedra and now in the Canary Islands. Caetano has joined the Faconauto Canarias association, offering sales services for new and used vehicles and mechanics and bodywork services. Azudautos, the business unit of Grupo Acosta, which continues to operate although it has gone through operational muscle problems due to a bankruptcy process that began in 2019.
This expansion in the Canary Islands allows Caetano Retail to increase its market share with the Renault and Dacia brands. In the words of Paulo Pereira, general director in Spain of the brand, "we aim to take advantage of this opportunity to strengthen our position in the sector and offer exceptional service to customers in Las Palmas de Gran Canaria", This new business demonstrates the commitment of Caetano Retail with the growth and expansion of its business, while strengthening the relationship with its business partners.
Caetano Retail is a group of Spanish dealers that represents 15 car brands in Spain and 26 between Spain and Portugal. With more than 55 points of sale, the group sells more than 27.000 vehicles in Spain and records 200.000 passes through its workshops, maintaining the highest quality standards. Caetano Retail is part of the international automotive group Salvador Caetano, present in more than 36 countries and with more than 85.000 vehicles sold in 2022. Its commitment to excellence, innovation and customer service has allowed Caetano Retail to consolidate itself as one of the main players in the national market, offering a wide range of brands and vehicles to adapt to the mobility needs of their customers.











