HUNDREDS OF JOBS LOST AS NATIONWIDE BODYSHOP GOES INTO ADMINISTRATION

Nationwide has gone into administration
Over 500 jobs lost at bodyshop chain

Nationwide Accident and Repair has called in the administrators as pressure on the business had mounted during lockdown.

However, the administrators, Price Waterhouse Coopers, agreed the sale of the majority of the group’s business and assets to RunMyCar Limited, a subsidiary of Redde Northgate plc, safeguarding almost 2,350 roles across 80 sites including repair garages and back office functions.

However, 540 roles have been made redundant as 30 sites were closed.

READ: SUPERCHIPS IN ADMINISTRATION FOLLOWING COVID-19 CLOSURE

Rob Lewis, joint administrator at PwC, said: “As with many other businesses, the group had to weather major financial fallout due to the economic impact of COVID-19, which meant that trading volumes were significantly reduced.  Against that backdrop, the sale announced today reflects a significant positive outcome for the business, and we are especially pleased to have safeguarded 2,350 roles including apprentices, mechanics and technicians.

“Sadly we have had to make 540 staff redundant. We are making every effort to support those workers. This includes providing guidance for employees regarding JobCentre Plus and Redundancy Payments Service processes.”

Nationwide Accident Repair Services’ history can be traced back to 1969 as the bodyshop division of Harold Perry Motors (later Perry Group) before formally adopting the Nationwide name in 2001.

 

 

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

Legal hand car washes “outnumbered” by illegal sites as £2.5m in fines handed out

Home Office data revealed that 87 hand car washes across the UK were fined some £2.5 million for ‘right to work’ offences in 2023

Read More

Record visitor numbers at UK Garage & Bodyshop Event

Over the two days, the event welcomed an impressive 5125 industry professionals at the NEC in Birmingham

Read More

IAAF launches “myth-busting” Right to Repair campaign

It will focus particularly on the updated Motor Vehicle Block Exemption Order

Read More

Movers & Shakers: New chairman for VLS

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Delphi Academy launches “pioneering” hydrogen training course

The two-day ‘advanced hydrogen’ training course promises a deeper understanding on the principles of hydrogen fuel cell

Read More

Go to comments

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