64 year old dealer folds under financial pressure

Time 7:44 am, May 10, 2013

1327674322_front2A 64 year old dealership group in Sheffield, South Yorkshire, has been forced to close.

Sheaf Motor Group shut its doors this week, according to the Sheffield Telegraph – citing the financial climate as a reason for its demise.

Established in 1949, the company is well known in the Yorkshire and Derbyshire – with branches in Dronfield and Coal Aston. Both closed yesterday, with ‘dozens’ of jobs affected.

‘Closure has been a tough decision,’ Cath Talbot, joint managing director told the Sheffield Telegraph.

‘The turbulent economic climate coupled with the increase in online sales has taken its toll on the business. We would like to thank everyone for their support and custom.

‘We are now looking at a number of potential opportunities for the three sites and very much hope that the sites will be occupied by either the retail or service sector to continue to provide local services for residents in Dronfield and North East Derbyshire.’

Jon Reay's avatar

Staff Writer Jon is one of the Car Dealer team's newest members. You can also find him contributing to AOL Cars.

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