Major UK car seller to shut down for good as hundreds of jobs at risk
One of Britain's biggest used car dealerships is closing its doors on Friday, placing hundreds of jobs in jeopardy and signalling the end of an era for the UK motor trade. Cargiant, located in West London , has confirmed it will shut down retail operations after more than 50 years of trading, following a recent announcement that it had failed to secure a sustainable future. The firm, which operates from a sprawling 46-acre site in Park Royal, started winding down sales earlier this month after completing a consultation process that examined potential options for survival. Despite these efforts, the business stated closure was inevitable. At its height, Cargiant stocked more than 2,000 vehicles on site and sold over one million cars throughout its five decades of operation, establishing itself as one of the UK's most recognisable car supermarkets . The closure puts approximately 500 jobs at risk, with staff numbers having already dropped slightly in recent years. Employees had been involved in consultations for weeks before the final decision. The site itself, situated near major transport links including the Elizabeth Line and the planned HS2 route, is valued at around £100 million. Its owner, Geoff Warren, has developed a multibillion-pound business through the dealership. In a statement, the company expressed that the decision had been made with "great sadness" and praised its workforce, thanking staff for their professionalism and engagement throughout the consultation process. Although retail operations will cease, Cargiant confirmed that certain after-sales services and support teams will continue to operate for a period in order to fulfil existing customer commitments. The shutdown represents a major turning point in the UK's second-hand car market, with the departure of one of its most prominent and long-established players.المصدر: Mirror | Source: Mirror
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