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Bank throws a curveball for NZ Automotive Investments

Latest snag puts future motor finance in uncertain territory.

NZAI owns the 2 Cheap Cars dealerships.

Embattled NZ Automotive Investments faces another snag, this time with banking facilities to buy imported vehicles.

In a statement to the NZX this morning, the company has been advised the commercial bank that provides its trade and motor finance facilities was unable to give any assurance of

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Contact the Writer: jmitchell@nbr.co.nz
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Bank throws a curveball for NZ Automotive Investments
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