Retailer Peter Stevens Motorcycles has entered voluntary administration.
The business had dealerships across Australia including Victoria and sold new and used motorcycles, parts and accessories.
Up to 400 jobs are now at risk, with Herald Sun reporter and motorcycle enthusiast Ian Royall telling Tony Jones on 3AW Drive “it’s a bit of a shock for a lot of people in the motorcycle world”.
Press PLAY to hear more on the story
Image: iStock