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CARS 24 Company Closure: Employees Lose Jobs as Famous Used Car Trading Company Shuts Down Nationwide

A famous used car trading company announces its closure. All branches nationwide. Many employees immediately lost their jobs.

On April 29, 2024, reporters reported that Chonburi-Rayong Online News Page posted a message stating: “CARS 24 Company, a famous car sales and exchange company. Announcing the closure of all branches nationwide on April 25, 2024, resulting in billions in losses. Many employees immediately lost their jobs. There is compensation for employees.

CARS 24 Company, a famous car trading company They are sold on a large national online platform. The price of used cars is expected to drop heavily. And cars were confiscated in the auction yard until it was packed, making it difficult to vent, and prices plummeted.

Until the executives (Indian companies) saw that the company’s business was at risk of suffering even greater losses than before. It was therefore decided to announce the sudden closure of the business.

If the customer has previously purchased a vehicle from the company, they will pay in installments with financing as usual. And there will be an urgent rush to free up all the company’s remaining vehicles. There may be a further reduction in the price of the car, we will have to wait and see.

Anyone interested in good quality used cars Try checking prices in the Cars 24 app or website.”

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