Online car retailer
Autoquake has gone into administration and is now up for
sale, it has been confirmed.

Matt Bond and Jason Godefroy, of corporate
recovery firm MCR, have been appointed as administrators as of
March 17, after the company was unable to secure necessary

Bond said: “Autoquake was in investment mode as a business and
required scale to become profitable.

“Despite significant strides in the development of the business
model it was unable to secure the funding required to build it to
critical mass.

“Therefore, the company has gone into administration and the
joint administrators are seeking purchasers for the business.”

Autoquake has not been available for comment
thus far.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.