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Automotive insolvencies rise

Motor trade insolvencies rose by 18 per cent year-on-year during the third quarter of the year. Latest figures from Experian show that 67 businesses failed during the period, although this was better...

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Fewer motor firms go bust – Experian

The number of business insolvencies in the automotive industry fell in October compared to October last year, according to Experian. The rate of automotive companies becoming insolvent stood at 0.09...

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Finance firms expect more dealers to go bust this year

The majority of finance firms expect a rise in the number of dealer insolvencies over the coming 12 months.. The Q1 2021 survey carried oy by the Finance & Leasing Association (FLA) found that over...

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