Autocare Services placed into voluntary administration

Autocare Services Pty Ltd, a wholly owned subsidiary of LINX Cargo Care Group, entered voluntary administration on 4 February 2021. Recent years of operating amongst volatile market conditions, declining vehicle volumes and increasing operating costs, have significantly impacted Autocare Services’ ongoing financial viability. Autocare Services has appointed Christopher Hill, Joseph Hansell and Ross Blakeley of FTI Consulting, as the administrators. During the administration process, Autocare Services intends to continue operating and servicing its many customers across Australia. Autocare Services has taken the difficult decision to enter voluntary administration to allow the business to … Continued