Avto Land’s Auction Falls Through

Avto Land’s trustee in bankruptcy V.G. Sivoplyasov announced that the auction aimed at selling the company’s assets (tires, automobile spare parts, tools, repair machinery and materials) did not go through as there were no bidders for the auction.

Among the assets put up to auction were tires, spare parts for Jaguar, Ford, Mazda, and Volvo automobiles, tools, and repair machinery and materials, all in accordance with the list. The assets were offered in a single lot, the opening bid was set at 8.82m RUR.

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