Major car dealership suddenly enters administration with 165 staff jobs at RISK at 11 locations across UK

A MAJOR car and motorbike dealership radical has entered medication and is seeking a caller proprietor to prevention 165 jobs.

Completely Motoring, who specialises successful caller and utilized vehicles, presently holds 14 showrooms astatine 11 locations spanning Wales and the South West of England.

Completely Motoring Limited, which trades nether Completely Motoring, Completely Motorbikes and Completely Suzuki, entered medication past week.

The dealership’s website has since been replaced with details of the radical administrators, portion notices person been published connected its societal media pages.

In a connection posted to Facebook, they wrote: "Urgent telephone for purchaser to prevention starring caller and utilized conveyance group."

The connection adds that the Joint Administrators are "urging funny parties to marque interaction arsenic soon arsenic imaginable to maximise the chances of securing the future of the £70 cardinal turnover group."

According to Car Dealer Magazine, Completely Motoring Limited made an operating nett of £7.7m, up from £4.6m successful 2022.

Its turnover was £78.4m from £50.3m the erstwhile year.

Joint Administrator Jonathan Amor, a Restructuring Partner astatine Azets, said successful a statement: “The Group has encountered fiscal difficulties aft a mediocre summer income period.

"As a result, the Group has been placed into medication to support it.

"We are exploring merchantability options with funny parties.

“We person received respective expressions of involvement and we impulse immoderate different parties to marque interaction arsenic soon arsenic possible, with a presumption to securing a aboriginal for the Group and redeeming arsenic overmuch of the business, and arsenic galore jobs, arsenic possible.”

Completely Motoring is based successful Gloucestershire and it was founded successful 2009 by its existent proprietor Rob Ayland, erstwhile brag of Colt Cars Mid West Ltd.

This comes arsenic car manufacturing giants Stellantis, who are Europe's second-biggest car-maker, are acceptable to marque an urgent determination connected their UK plants.

The motoring marque has suggested that it could beryllium forced to unopen its Vauxhall factories aft clashing with the UK Government implicit its electrification rules.

The informing perchance puts 2,500 workers astatine hazard astatine their Ellesmere Port and Luton sites.

As good arsenic Vauxhall, Stellantis owns a fig of different good known brands, including the likes of Citroen, Fiat, Jeep, Peugeot and Maserati.

Elsewhere, Martin Lewis' MSE has warned drivers of 3 large car brands that they could beryllium missing retired connected claiming £1,000s.

A immense compensation deadline is approaching successful the next fewer weeks, which experts suggest could effect successful mean payouts of much than £10,000.