SG Jayaraj Group's Kodai Automobiles in trouble!!

Recently, SG Jayaraj and Nadar sons lost their dealership with Mahindra Scorpio. They could not renew their dealership. Currently, they don't have any dealership and they are trying to continue their business with just the service of any car coming in. Looks like in bad shape. I talked to an employee of SG Jayaraj and Nadar son's Kodai Automobiles. I was told the management is not even able to provide the salary to their employees. Morale is down in the company itself. The employees are categorized into three categories. Mechanic level, Supervisor level and Managerial level. The salary is provided in batches between 1-st of a month and continued with the salary in batches till 15th of the month. Even the employee is concerned that he might not even get the salary till 15th of the month. The employee I am referring to is just at mechanic level. Not sure, how the business for Kodai Automobiles is going to proceed. Let us see.

Hope there is a bail-out for the company like the way it is for the Banks in America.

All the very best.

By the way, if you are interested to know about SG Jayaraj and Nadar Sons and Kodai Automobiles, click here.

For other details, Madurai Times published for the group, please click here