Cargiant to close London site after failing to find buyer

birminghammail.co.uk

Cargiant, a major used car seller, will close its doors on April 24 after failing to find a buyer. The company cited reduced used vehicle supply due to EV mandates, rising operating costs, and market complexity as reasons for its commercial unsustainability. The 50-acre London site is valued at £100 million, partly due to its proximity to a planned HS2 interchange.


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Cargiant to close London site after failing to find buyer | News Minimalist