An Australian car buying platform has entered voluntary administration after 14 years of operation.
Sydney-based e-commerce business Carconnect appointed RSM Australia Partners Jonathon Colbran and Brett Lord as joint and several voluntary administrators on February 26.
All business activity on Carconnect has been paused as administrators look for a buyer for the online business.
The platform started operating in the early 2000s and was one of the first online platforms in Australia that…