Thursday, January 16, 2025

Danish car company goes bankrupt after just three months

Three months. The West Jutland car dealer could no longer manage in larger premises. However, the bankruptcy is due to several things, the owners explain.

The West Jutland car dealer Vestjysk Bilcenter no longer exists.

Just three months after a growing pains sent the retailer into newer and larger premises, the business has broken its neck in bankruptcy.

Dagbladet Holstebro writes that.

Otherwise, there was nothing to indicate that this would be the case. But after a good start, things have gone downhill quickly.

READ ALSO: Ford recalls 5,000 cars with fatal factory defect

In an attempt to avoid bankruptcy, the owners initially tried a liquidation, i.e. selling off all the company's assets, but this could not prevent bankruptcy from happening.

The owners say that the bankruptcy is due to several things. Among other things, an investor has withdrawn, just as several people have not paid their bills. In this way, there has been no money for the used car dealer to pay its own bills.

– There was just no money to pay those who owed money, explains one owner, Michael Brogaard, to Dagbladet Holstebro.

Bankruptcy in Holstebro is just the latest in a long line of bankruptcies in the Danish car industry. Most recently, another company has gone down the drain and gone home after defrauding a Danish celebrity. Read more about it here.

But also out in the wider world, the car industry is a troubled industry. Some car brands, such as Tesla, are trying to weather bad times with mass layoffs.

This is also done at Fisker Inc. In fact, all of the remaining employees have been notified of their dismissal. In a last rescue attempt, Henrik Fisker has lost control of the brand. Read more about it here .

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

Blue parties want to introduce more car taxes in Denmark

The blue parties Venstre and Liberal Alliance now acknowledge...

Tesla has overtaken Audi's sales for the first time ever

For the first time ever, Tesla has had a...

Danish professor criticized for speaking negatively about electric cars

Danish professor Morten Sommer (DTU) is now being criticized...

Former Top Gear host shares sad news after 28 years

Former Top Gear and Grand Tour host Richard Hammond...

Toyota to build self-driving cars with tech giant

American Nvidia Corp, one of the world's most valuable...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Private leasing on Hyundai INSTER has arrived: See the prices here!

Hyundai has launched the new electric INSTER, which can now be privately leased at a reasonable price in Denmark. And what is the price?...

MG ZS Hybrid+ has landed: Hybrid for the Danish market with sharp prices

The new MG ZS Hybrid+ offers advanced technology and efficiency in three equipment variants. With reasonable Danish prices. With the launch of the MG...

Blue parties want to introduce more car taxes in Denmark

The blue parties Venstre and Liberal Alliance now acknowledge that they will not reject the introduction of road tolls - so-called road pricing -...

Kia stops selling gasoline cars in Denmark

As the first car brand with combustion engines on its program, Kia is stopping the sale of gasoline cars in Denmark. This is confirmed...

Danish professor criticized for speaking negatively about electric cars

Danish professor Morten Sommer (DTU) is now being criticized for equating gasoline and electric cars when it comes to consumption of the Earth's resources....

US imposes ban on all Chinese cars

Shortly before the change of power in the United States, President Joe Biden is spending one of his last working days banning all cars...

Toyota to build small gasoline engine with 400 horsepower

Despite the automotive industry's push towards electric cars, Toyota refuses to abandon the gasoline engine. The Japanese are planning a small unit with 400...

Toyota to build self-driving cars with tech giant

American Nvidia Corp, one of the world's most valuable companies, will build and supply the chipset for Toyota's self-driving cars. The American chip manufacturer...

Speaking out about Richard Hammond – "He's an idiot"

Richard Hammond's daughter, Isabelle "Izzy" Hammond, has followed in her father's footsteps into motoring journalism. Yet she calls him an idiot. The famous former...

Renault refuses to supply car to world-famous car test

One of the toughest car tests is conducted twice a year by a team of Norwegian journalists. Renault has already won the test. But...

Gets 1.2 million kroner – street racing will become legal in 2025

Legal street racing in Horsens is closer than ever. The municipality has allocated 1.2 million kroner for the establishment. The area behind packaging company...

Tesla has overtaken Audi's sales for the first time ever

For the first time ever, Tesla has had a year in which the car brand has sold more cars than Audi. The Germans, on...
footer.txt Viser footer.txt.