Scotland's only Aston Martin and Rolls-Royce car dealership has gone into administration, putting nearly 140 jobs at risk.
The Leven Car Company has been put into administration with Leonard Curtis Business Rescue & Recovery appointed as administrators.
The 139 staff of the company at its sites at Costorphine and Bankend in Edinburgh and Selkirk in the Scottish Borders were sent home after being told the news this morning.
The administrators are seeking a buyer for the business and none of the 139 employees have been made redundant as they asses the situation.
Corstorphine is the firm's flagship showroom, selling specialist high end cars including holding the Rolls-Royce franchise for Scotland.
The group is also the sole franchise holder for Aston Martin in Scotland, as well as selling Suzuki, Mitsubishi, Lotus and Kia. It also has showrooms in Selkirk.
Joint administrator Stuart Robb said: "We are currently assessing the company's financial position with a view to seeking a buyer for all or parts of the business.
"This is a unique opportunity to acquire a business with a strong reputation, excellent customer base, and a highly knowledgeable and loyal workforce."
Leven will continue to maintain a presence at its dealerships for a short period of time to ensure that any customer queries can be addressed.
