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AutoXchange goes into liquidation.

  • 10-10-2009 11:13am
    #1
    junkyard
    Closed Accounts Posts: 4,575 ✭✭✭


    AutoXchange countrywide, has gone into liquidation as reported in todays Examiner. A provisional liquidator was appointed, debts of over 1 million. I can't say i'm surprised tbh. Another one bites the dust.


Comments

  • #2
    JohnCleary
    Registered Users, Registered Users 2 Posts: 10,209 ✭✭✭✭JohnCleary


    Ouch, Mr. Casey must be feeling the pinch :(


  • #3
    Saab Ed
    Closed Accounts Posts: 5,374 ✭✭✭Saab Ed


    Guys I think its important to note that alot of the guys going bust or winding up companys are opening up shortly afterwards again. Its not that these guys are finished but more like they are pressing the reset button. Walk away from an over burdened company with huge overheads like company debt, wages and rents and start again down the road ( probably using personal finances cause no bank is lending ) with lower rents, lower wages and zero debt and a que of suppliers looking to do business with them before they themselves go under. Funny old world out there :)


  • #4
    EPM
    Closed Accounts Posts: 13,822 ✭✭✭✭EPM


    Sorry for the staff but they're no great loss really


  • #5
    bazz26
    Registered Users, Registered Users 2 Posts: 51,363 ✭✭✭✭bazz26


    I never liked the standard of their stock anyways. Always seemed to have rough ex hire or ex fleet cars parked on top of each other and never found them cheaper than a regular dealer which is the entented purpose of a car type supermarket is it not?

    Other than the jobs I don't think they will be missed.


  • #6
    bonzodog2
    Registered Users, Registered Users 2 Posts: 6,285 ✭✭✭bonzodog2


    I won't miss their spam text messages anyway...


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  • #7
    Captain Slow IRL
    Registered Users, Registered Users 2 Posts: 3,651 ✭✭✭Captain Slow IRL


    JohnCleary wrote: »
    Ouch, Mr. Casey must be feeling the pinch :(

    Which one?


  • #8
    Big Nasty
    Registered Users, Registered Users 2 Posts: 22,080 ✭✭✭✭Big Nasty


    AutoX was / is owned by Gerry Casey of Casey's Ballina / Castlelbar, brother of the Casey's in Athlone / Roscommon / Leitrim that recently went under.


  • #9
    fryup
    Registered Users, Registered Users 2 Posts: 18,067 ✭✭✭✭fryup


    i'm surprised mike brewer didn't come to they're rescue he was often doing personal appearances for them

    http://www.discoverychannel.co.uk/dni-media/mu-24/media-10914-28331.jpg


  • #10
    Big Nasty
    Registered Users, Registered Users 2 Posts: 22,080 ✭✭✭✭Big Nasty


    fryup wrote: »
    i'm surprised mike brewer didn't come to they're rescue he was often doing personal appearances for them

    Mike has always been into junk too!:p


  • #11
    JohnCleary
    Registered Users, Registered Users 2 Posts: 10,209 ✭✭✭✭JohnCleary


    Captain Slow IRL wrote: »
    Which one?

    The one that owns it. On a personal level he actually seemed like a sound out chap, and well up for a good craic of a weekend. Can't comment what he's like to work for though


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  • #12
    ex_infantry man
    Closed Accounts Posts: 1,827 ✭✭✭ex_infantry man


    just as well!!!


  • #13
    Big Nasty
    Registered Users, Registered Users 2 Posts: 22,080 ✭✭✭✭Big Nasty


    ex_infantry man wrote: »
    just as well!!!

    SO three months ago dude! :p


  • #14
    Alanstrainor
    Registered Users, Registered Users 2 Posts: 23,157 ✭✭✭✭Alanstrainor


    MCMLXXV wrote: »
    SO three months ago dude! :p

    Indeed.
    Closed


This discussion has been closed.
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