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Home World New Zealand

Vehicle Direct Liquidates, Owes Westpac $3.1 Million

11 September 2025
in New Zealand
0
Vehicle Direct Liquidates, Owes Westpac .1 Million
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An Auckland car dealership and its related entities, Vehicle Direct Ltd, Auto Trading Ltd, and Auto Compliance & Repairs Ltd, have entered liquidation, owing creditors over $5.7 million, primarily to Westpac NZ, which claims about $3.1 million. Mohammed Jan of Liquidation Management Ltd has been appointed liquidator, and Westpac has appointed receivers over the companies’ assets.

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Tags: 31m57A'sAucklandcarcreditorsDealershipdirectentitiesgoesgonehaveinto..LiquidatesliquidationMillionmore..OwedowesowingrelatedthanVehicleWestpac
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