Completely Motoring, the company behind four Gloucestershire-based dealerships including the Completely Suzuki franchise at Staverton has confirmed that it has entered administration alongside the multi-franchise motorcycle chain.
The administrators of collapsed used car online retailer Cazoo say they expect few customers who've bought cars from its platform to be affected.
Administrators from Teneo Financial Advisory have been appointed by online car retailer Cazoo today, and have revealed that it has sold some assets to Cinch and G3 Remarketing.
Used car marketplaces MOTORS and Cinch are reported as being among the companies seeking to buy several Cazoo assets.
Cazoo, the indebted online dealer group that stated this year it would relaunch as a car marketplace, has given notice that could be about to call in administrators.
Arrival, a UK-based start-up which hoped to launch electric vans, has called in administrators from EY after it became insolvent.
Marubeni Auto Investments (MAIUK) has teamed up with iStoreDOCS to support the expansion of its HPL Car Supermarkets in Oldham, Preston, and Atherton.
Administrators called in to vehicle transporter firm Glasgow Car Movers have sadly made all the company's 25 staff redundant.
Luxury used car retailer Autovogue has ceased trading after blaming “failing used Jaguar Land Rover vehicles” for its faltering financial fortunes.
Electric vehicle (EV) home charger business, Muller EV, which trades as Andersen EV, has recently faced administration.
Carzam founder Peter Waddell has blamed the faltering performance of online-only car retail businesses including Cazoo for the venture’s failure.
AM100 dealer group Drive Motor Retail expects to switch all its dealerships to paperless administration by the end of July.
AutoRaise have contacted Nationwide Accdient Repair Centres administrator PricewaterhouseCoopers (PwC) to offer support and assistance to any technical apprentices that were made redundant due to the closure of stores.
Estar Truck and Van have acquired certain parts of the Roanza Mercedes-Benz commercial vehicle franchised dealership goup and its subsidiary Premier Vehicle Rental Limited – saving 340 jobs.
Franchised car retailers across the UK have been left exposed to considerable financial losses after Nationwide Accident Repair Services entered administration, along with a number of its subsidiaries.
A Dodge Viper, Ford Mustang, a racing car once driven by Brazilian F1 driver Roberto Moreno and classic Porsches are among stock to be auctioned off by administrators of Specialist Car Malton.
Independent used Porsche sports car dealer Specialist Cars Malton has ceased trading after administrators failed to find a buyer for the business.
heycar has completed the acquisition of long-established consumer automotive website HonestJohn.co.uk just weeks after it slipped into administration due to “significant cash flow difficulties”.
Cambria Automobiles and Vertu Motors have both completed the acquisition of Leven Car Company dealership sites less than a fortnight after the Edinburgh-based retail group entered administration.
The Leven Car Company has entered administration, with dealership staff reportedly turned away from retail sites this morning.
