Midland Autocar, a car dealership in Leamington Spa, is closing two years after its Daihatsu franchise was terminated.
The business had continued as an independent used car and service specialist after Daihatsu withdrew from the UK, however the economic conditions have now led its family owners to close the dealership.
All nine employees face redundancy, reports the Leamington Courier.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
bristol - 13/12/2011 15:25
This is very sad, as an ex-Daihasu dealer from 1978 until 1999 whan I sold the business to retire due to ill health I wish to say this was a wonderful franchise which like all had its ups and downs but always had hugely reliable cars and great staff.