Tuesday, November 22, 2011
Loders sites to be ‘sold in 24 hours’
Volkswagen and Skoda have confirmed that Loders Motor Group is in the process of selling sites in Dorchester and Yeovil.
A spokesperson for Volkswagen said both sites are currently trading, despite the group’s website being suspended since the weekend (pictured).
“Dorchester and Yeovil are on the verge of administration and we expect a buyer to be announced in the next 24 hours,” said the spokesperson.
The VW Dorchester site trades on The Grove and is also a commercial vehicle centre for the brand.
The Yeovil site houses both VW and Skoda on the town’s Houndstone Business Park.
Skoda confirmed a buyer has been found for its business but said its authorised repairer site in Dorchester, which opened in July 2009, would close as part of the transaction.
DATED: 22.11.11
FEED: MT
