A long-serving Suzuki dealer has gone into voluntary liquidation.
Prentice Cars in Portadown, Northern Ireland, had held the Japanese franchise since 1990.
Run by Paul Prentice, it ceased trading recently with the loss of 10 jobs.
A CVL agreement gives scope for a company owner to rescue the value of the firm and transfer that value into a new, debt-free company.
Prentice Cars was run by Paul Prentice.
For more, click here: http://www.belfasttelegraph.co.uk/business/business-news/prentice-cars-dealership-goes-into-liquidation-16025973.html
As editor, Tim is responsible for the media content, planning and production of AM's multiple channels (AM print and digital magazines, website, social media and contributing to our events planning). He interviews and writes about as many franchised dealer groups and UK divisions of motor manufacturers as possible, to explore the issues facing UK motor retail and understand what solutions dealers and suppliers are using to overcome these.
Login to comment
Comments
No comments have been made yet.