Dutch GM car dealer units declared bankrupt-union

Newswire

AMSTERDAM, March 31 (Reuters) - Four units of Dutch car dealer Kroymans, a European importer of General Motors cars, have been declared bankrupt, an industry union said on Tuesday. Kroymans and GM were not available for comment. A unit of Kroymans had said earlier in March that the dealer had won approval to suspend debt payments for the four units due to a liquidity shortage following a decline in sales. Union CNV Metaaltechniek said in a statement on Tuesday that Kroymans Corp B.V., ...

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