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Job losses announced as car dealership enters liquidation

Date Added: 09/12/2011  

Jobs have been lost as a result of the news a car dealership in Cookstown has been forced to enter liquidation, it has been revealed.

Rodney Cole Renault Dealership posted a statement to its website apologising to customers for the failure of the company, the Mid-Ulster Mail reported.

The current economic trading environment was blamed by the owner of the business for it having to enter liquidation, noting it has been under "extreme pressure" in recent weeks.

"May I thank all those customers who enjoyed the experience we provided and apologise to the few we did not please quite so much," the statement from Mr Cole said.

It went on to thank all of the members of staff who had helped to keep the company alive despite the testing financial conditions over the course of the last few months.

Dozens of people are expected to lose their jobs as a result of the failure of the firm, which comes just a couple of weeks ahead of the festive period.

The closure of the business means a car dealership on Killymoon street and a motor parts centre at the Derryloran Industrial Estate will both be shut down, while the car rental service operated by Mr Cole will also cease operations due to the liquidation of Rodney Cole Renault Dealership, although it is not clear whether each firm itself will enter liquidation.

No members of staff were answering the phone at Renault Parts Department, Renault Rental and Customer Accounts, while a call to Renault Service Centre suggested leaving a message.

IMCO Limited, trading as Moulded Paper, recently entered liquidation after an accident at the facility in Wales led to the death of a member of staff.

Health and Safety Executive inspector Trevor Hay said 60-year-old grandfather from Beaufort, Ebbw Vale, Gareth Young would not have been killed if standards were upheld at the location.

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Posted by Miles Pritchard  

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