BREAKING: ASAP MOTOR FACTORS GOES INTO ADMINISTRATION

ASAP Motor Factors has been put into administration. All branches are currently closed.

The chain was formed when the Competition and Markets Authority ruled that a certain number of Andrew Page sites had to be sold to allow the ECP take over to go ahead in September 2018.

READ: EURO CAR PARTS DIVESTS NINE AP BRANCHES

ASAP had nine former Page locations throughout the UK, including Wakefield, York, Sunderland, Scunthorpe, Hove, Gloucester, Liphook, Heathrow and Gatwick, and ran a fleet of  70 vehicles.

READ: BREAKING: NINE AP BRANCHES MUST BE SOLD TO ‘PURCHASER APPROVED BY CMA’

CAT understands that the administrator is currently in talks with prospective buyers for the branches.

All enquiries regarding the administration should be directed to KRE Corporate Recovery on 01189 47 90 90

 

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

COTSWOLD MOTAQUIP ACQUIRED BY AAG

Single-branch motor factor was an existing UAN member

Read More

SYNETIQ SOLD FOR £225m

US-based Insurance Automotive Auctions expands UK presence with auctioneer and dismantler

Read More

ECP TO DISH OUT £400 BATTERY TESTERS

Garages will need to hit battery sales targets if they want to keep the devices

Read More

FAI AUTOMOTIVE ACQUIRED FOR £27M

South Africa-based Motus Aftermarket Parts adds to its portfolio, Jonathan Alexander to remain CEO

Read More

NI BIENNIAL MOT OPPOSED

NFDA on NI MOT frequency change: “Not the correct solution to the issues currently facing the NI Testing Scheme”

Read More

Join the debate

2 Comments

Your email address will not be published. Required fields are marked *

  1. Not surprised. Feel sorry for the staff. They were a bit of a strange outfit with rumours of ex ECP directors backing.
    Hope some of the branches get picked up.