CCM on the ropes

CCM went into voluntary administration on Wednesday July 8 – and there seems little hope that the company can be saved.

The British off-road and supermoto manufacturer told staff they were all being made redundant at 10am yesterday morning.

Liquidators BDO issued a statement saying: We might be able to rescue certain elements, such as spare parts, but that is likely to be all.

In addition all warranties on CCMs will cease to be in effect from July 9 2004.

MCN is looking into the implications of the news for CCM owners and a full report will be in next week’s issue. Discuss the news here.