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.
New Mitsubishi and Suzuki dealerships are set to open in Cardiff next year after franchisee Jenkins Garages went into administration and closed its sites with the loss of 30 jobs.
Fiat, Ford, Kia, Mazda, Mitsubishi, Skoda and Suzuki dealer Border Cars is filing for administration, said its boss Mike Fusco.
JD Classics founder Derek Hood is being sued for £64 million by the failed classic car restoration and retail business’ administrator Charme Capital.
JD Classics administrators Alvarez & Marsal Europe LLP (A&M) has secured a buyer for the classic car restoration, racing and sales specialist.
Slaters of Abergele’s former Citroen and Nissan showroom has been put up for sale six months after the business went into administration.
Alvarez & Marsal Europe LLP (A&M) been appointed as administrators to restoration, historic racing and classic car dealer JD Classics Limited.
Now Motor Retailing has gone into administration, however its five Vauxhall dealerships have been rescued by PSA own dealer group, Go Motor Retailing, and Eden.
Arnold Clark has bought the Alistair Fleming Citroen dealership in Kilmarnock from collapsed parent business TOM Group.
KPMG’s restructuring practice has been appointed as administrators to Nissan and Citroen dealership operators Slaters of Abergele Limited, Slaters of Ruthin Limited and Slaters North Wales Car Centre Limited.
Fiat dealer Richard Cort Italia has gone into voluntary liquidation, with the loss of 19 jobs.
Peer-to-peer lending company RateSetter has acquired sub-prime vehicle finance provider Vehicle Trading Group out of administration.
Tempest Ford’s efforts to relocate ahead of the redevelopment of its dealership site fell flat as its operators of Lichfield’s Tempest Ford car revealed that the business had gone into administration.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues