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Forthway in admin and up for sale

The Forthway Group has gone into receivership following a period of tough trading conditions.

The move has left the Citroen, Hyundai, Seat and Chevrolet franchises at the Eastfield Industrial complex in limbo.The Forthway Group has gone into receivership following a period of tough trading conditions.

Though all four manufacturers have confirmed the termination of the contract with Forthway, only Seat has admitted it is looking for a new dealer in the area.

Andrew Davison of administrator Ernst & Young, says: “We will be exploring a sale of the facility to potentially interested parties.”

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