Saturday May 30, 2020

Motor industry breakdown

The Irish car industry is in dire need of a jump-start, as new sales continue to tumble, writes Nicola Cooke.

13th October, 2012
2
Bill Cullen's Motor Group went into liquidation last week. Photo: Tony O'Shea

When rags-to-riches businessman Bill Cullen's Motor Group (BCMG) was steered into liquidation last week, it was a reminder of the serious difficulties still facing those trying to survive in the industry.

Cullen, a colourful businessman who featured as the boardroom boss in TV3's The Apprentice, lost the Renault franchise for his business in both Galway and Ennis last July. Last week, Ulster Bank appointed receivers to his two remaining BCMG dealerships - at Airside Motor...

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