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HOLIWAYS DENY ADMIN RUMOURS

August 1st, 2012 Martin Walker Business, News 1 comments 0

By Martin Walker

Holiways Ford have this morning denied rumours they’re being placed into administration.

Aycliffe Today had received a number of tip-offs in the last few days, claiming the 40-year-old car dealership was about to be placed into administration.

But the company categorically denied it today, with managing director Matthew Hardy issuing a brief statement.

He said: “Holiways is not about to be placed into administration and will not be, simple as that.”

Aycliffe Today understands, however, that Holiways are restructuring the company, after selling its Hartlepool and Durham dealerships to national firm Bristol Street Motors.

We’re told Holiways plan to restructure its existing company and focus on remaining dealerships in Newton Aycliffe and Bishop Auckland.

 

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1 Comment

  1. Lois
    August 2, 2012 at 8:40 pm

    If this is the case why am I still waiting for my car which was ordered a month ago and I was due to pick Monday of this week only to receive a call on Monday afternoon to say I could not have car as the company was going into administration at 5pm that day and they could no longer trade, my deposit was even dropped off to the door luckily! My car is still in Holiways car park and I still do not know when I can pick it up??

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