Tesco Cars has closed its doors to new orders just one year after its launch.
The supermarket chain’s operation had hoped to provide consumers with quality used cars and connect them with a network of more than 1000 independent garages for more affordable servicing and repair work than is available at franchises.
Tesco planned on buying cars from rental companies and other fleets, but difficulties in securing supply of stock is blamed for the closure which was announced through the consumer-facing website today.
“With effect from 3rd April 2012 we have decided to close the Tesco Cars business and are no longer accepting orders from customers.
“For customers with outstanding orders please contact the customer services team on 0800 072 3627. If we are unable to fulfil your order we will refund your deposit in full.
“We are very sorry indeed for any inconvenience caused.”
More to follow…