[Misc] Cazoo going into administration/liquidation?

[Greg Bobkin]

Cazoo was already in trouble before it 'transitioned away' from its new car model a few months back and re-structured itself as a rival to Auto Trader. Funnily enough – given the power and history of the latter – it hasn't worked. The administration story broke last Thursday/Friday, but, funnily enough, wasn't mentioned much during the Snooker World Championship (headline sponsor: Cazoo).

Tough business, car retailing – Cazoo probably won't be the last to go under, sadly.

 

[Nobby Cybergoat]

Pretty disgraceful If customer money hasn't been kept separately from the main accounts