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Motorworld gone bust....


Guest 300zx_girl

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Guest 300zx_girl

can't confirm the title but seems their shops have closed and website gone - if its true then its no wonder with staff having this much time on their hands...

 

[YOUTUBE]5bdMSKWdMic[/YOUTUBE]

 

:rofl:

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300 jobs go as Motor World stalls

kevin feddy

26/ 9/2008

 

THREE hundred jobs were axed today after car parts and accessories chain Motor World went into administration.

 

The Huddersfield-based group has suffered from a severe sales slump, said joint administrators Dermot Power, Graham Newton and Matthew Dunham, of Manchester accountancy firm BDO Stoy Hayward.

 

As a result, they have shut 95 of Motor World's 237 shops, including ones in Bramhall, Wilmslow and Atherton.

 

The other 142 outlets have been sold to Pacific Retail, a company funded by existing investors Bailey Capital. This has saved around 500 jobs.

 

'Downsizing' apparently.

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