Used car dealership chain OzCar has collapsed into administration, forcing the closure of four dealerships across NSW, and leaving 90 workers without jobs.
Voluntary administrators were appointed to the company on Thursday, weeks after NSW Fair Trading fined the business $50,000 over its sales practices.
The closures affect OzCar’s dealerships in Penrith, Cardiff and Gosford, as well as its headquarters in Lansvale in Sydney’s southwest.
The company’s remaining 12 franchise dealerships across NSW, Queensland and Victoria will continue operating.
Glen Kanevsky and Jason Tracy were appointed as administrators by OzCar’s…