‘Inaccuracies’ in motor group’s accounts

Financial inaccuracies totalling more than €6.6 million have emerged in the accounts of the ICR Motor Group, the rental business that is in examinership.

Ian Kehoe - avatar

Ian Kehoe

17th April, 2010

Financial inaccuracies totalling more than €6.6 million have emerged in the accounts of the ICR Motor Group, the rental business that is in examinership.

The issues relate to assets and liabilities at the firm. A number of potential investors and buyers for the business have withdrawn from the sale process as a result of the issues.

One of the country’s largest motor groups, ICR employs 150 people and holds the franchise for the Europcar, Alamo...

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