Carcraft Closes with loss of 600 Jobs

[dx100uk]

Carcraft closure: 500 jobs to go at second-hand car dealer

 

The company has 10 showrooms around the UK

The second-hand car company Carcraft is to close, with the loss of about 500 jobs.

The dealership, based in Rochdale, Greater Manchester, has 10 showrooms around the country.

Carcraft is the UK's seventh-largest second-hand car chain, selling more than 12,000 used vehicles a year, administrators said.

 

http://www.bbc.co.uk/news/uk-england-manchester-32538820

[MaxxPower]

I had no idea they started out in 1951, I always thought they were a pretty recent company formed about the time the TV adverts started.

 

Whilst I'm sorry that the staff are losing their jobs, this hardly comes as a huge surprise. They have a bad reputation when it comes to aftercare and the entire business seemed to have become reliant on worthless extended warranties and covers that had so many exceptions they were virtually impossible to claim on. Other dealers such as Arnold Clarke should take note of all this and learn some major lessons. Sadly, we know that they won't.

 

I also expect the senior staff will be walking away with huge redundancy payouts whilst the frontline and back office staff receive nothing more than the mandatory minimum at best.